Caba Loma Condominium

Key facts from Caba Loma Condominium's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Caba Loma Condominium

Units / lots

121 (Section 2.07: 'the maximum number of UNI)

Governing law

Uniform Condominium Act of Missouri, Sections 448.1-101 through 448.4-120 (Recitals; Section 1.08)

Assessments & dues

Not fixed; board estimates net costs each year and sets monthly assessments (Section 7.02: 'Not less than Forty-Five )

Special assessments

Permitted for special unit expenses and emergency assessments; also for capital improvements (with vote if over 10% budget) (Sections 7.01, 3.04(c), 5.01(d))

Collections & liens

Assessments create a continuing lien on the unit; enforcement via foreclosure (Sections 7.08-7.12) (Section 7.01; Article VII generally)

Reserves & fees

Board shall maintain contingency reserve of at least 3% of projected annual operating budget; also a reserve fund for replacement/repair of major common elements (Section 5.01(e))

Maintenance

Association (roof is part of common elements per Section 2.09(d)) (Section 2.09(d): 'All foundations, colum)

Insurance

Covers entire condominium including units, common elements, limited common elements for full replacement cost (Sections 5.03(a), 5.04(a))

Use restrictions

Implied: development described as residential; but not explicitly stated (Recitals: 'residential development')

Voting & meetings

One vote per unit; cumulative voting for directors only; joint owners must agree on vote or lose right (Sections 3.05, 3.08, 3.07)

Amendments

Referenced in Section 6(a) and Section 19.05 (text not fully provided) (Section 6(a); Table of Contents for Sect)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.