Copper Oaks Extension Condominiums

Key facts from Copper Oaks Extension Condominiums's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

office condominium (Page 3-4: 'declare the same to be an off)

Legal name

COPPER OAKS EXTENSION OFFICE CONDOMINIUM ASSOCIATION (Article I, Section 1.13: 'a not for prof)

Governing law

Condominium Property Act of the State of Missouri (Page 3: 'submits the said property and i)

Assessments & dues

Determined annually. Not specified in document. (Article VI, Section 6.2)

Special assessments

Association may levy further assessment if estimated cash requirement proves inadequate. Notice required; takes effect with monthly payment due more than 10 days after notice. (Article VI, Section 6.3)

Collections & liens

Unpaid assessments become a lien on the unit, prior to all other liens except taxes. Foreclosure allowed in manner of mortgage under Missouri statutes. Association may bid and acquire at foreclosure sale. (Article VI, Sections 6.8, 6.9)

Reserves & fees

Association shall build up and maintain a reasonable reserve for contingencies and replacements. (Article VI, Section 6.3: 'The associatio)

Pets

Animals may be kept subject to rules, provided not kept for commercial purpose. Any pet causing nuisance or unreasonable disturbance shall be permanently removed upon three days written notice. (Article VII, Section 7.1f)

Leasing & rentals

Leasing is allowed but subject to right of first refusal by association. Owner must notify association of bona fide offer and association has 20 days to exercise option to lease on same terms. (Article VIII, Section 8.1)

Parking & vehicles

Boats, house trailers, campers, motor homes, boat trailers and trailers of every other description are prohibited from parking or storing on the property. (Article VII, Section 7.1c)

Maintenance

Association is responsible for maintenance, repair and replacement of roofs (as part of portions of units contributing to support of building). (Article V, Section 5.3g: 'maintenance, r)

Insurance

Association shall obtain property insurance for common elements and units for full insurable replacement cost against fire and other hazards. Also liability insurance. (Article V, Sections 5.3b, 5.3c)

Voting & meetings

Voting is in proportion to percentage of undivided interest in Common Elements. Majority = more than 50% in aggregate interest. (Article I, Section 1.4: 'Majority or Maj)

Amendments

Certain sections (Article II, III, 4.1, VI, 8.6, 12.7) require written instrument signed and acknowledged by Association, all owners, and all mortgagees of record. Other sections may be amended by Association and majority of unit owners, wi (Article XII, Section 12.7)

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