Dundee Place

Key facts from Dundee Place's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Dundee Place Condominiums

Developer / declarant

Fountainhead Development, LLC, a Nebraska limited liability company (Opening paragraph)

Governing law

Nebraska Condominium Act (Neb. Rev. Stat. Sections 76-825 to 76-894) in effect as of the date of recording of this Declaration (Section 1.1(a))

Assessments & dues

Set by Board budget; not fixed in Declaration. (Section 6.1(c) and 6.1(i))

Special assessments

Board may levy special assessments for maintenance, repair, restoration, alterations, improvements, costs of curing defaults. Over $12,000 requires approval of 67% of votes. (Section 6.1(e)(1) and (2))

Collections & liens

Unpaid assessments constitute a lien on the Unit, superior except for purchase money deeds of trust, real estate taxes, and sums due on Eligible Mortgage. Lien may be foreclosed after 90 days delinquency under Neb. Rev. Stat. §76-874. (Section 6.3)

Reserves & fees

Budget includes amounts for reserves (contingency, reserve, working capital, sinking funds). (Section 6.1(c) and 6.1(i))

Pets

Yes, but limited to one dog or one cat per Unit. (Section 5.2(e))

Leasing & rentals

Yes, Unit Owner may sell or lease Unit at any time. (Section 5.2(j))

Parking & vehicles

Vehicles primarily used for commercial purposes or with commercial writings on exterior (unless such vehicle is a Unit Owner's primary vehicle) shall not be stored or parked. (Section 5.2(l))

Architectural approval

Board shall approve or disapprove each Application within thirty (30) days from receipt. If no response within 30 days, deemed approved. (Section 8.1(e))

Home business

Home professional pursuits not requiring regular visits from the public or unreasonable levels of mail, shipping, trash or storage requirements are permitted. (Section 5.2(a))

Maintenance

Roof and support systems are not part of Unit boundaries; roof included in Common Elements (Section 3.1(a) includes roofs). (Section 2.5(a) and Section 3.1(a))

Insurance

Property insurance on Common Elements, Limited Common Elements, and Units (excluding improvements installed by Owners) covering fire and other hazards at 100% replacement cost, all risk. (Section 12.1(a))

Use restrictions

Each Unit and improvements therein shall be used solely for residential purposes, subject to Special Declarant Rights and zoning. (Section 2.3)

Voting & meetings

Each Unit Owner shall have one vote for each Unit owned. Aggregate votes: twelve (12). Each Unit has equal weight. (Section 9.4)

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