The Promenade at John Tyler, a Condominium

Key facts from The Promenade at John Tyler, a Condominium's documents

Community type

condominium (Title on page 1)

Legal name

Promenade at John Tyler Condominium Association, Inc. (Appendix 5 reference, page 5)

Developer / declarant

Franciscus at Promenade, LLC (Page 1)

Governing law

Virginia Condominium Act (Code of Virginia § 55-79.52 et seq.) (Page 4, paragraph 16)

Special assessments

May be levied. Declarant may advance funds with interest at commercially reasonable rate. (Narrative Section M, page 18 and page 19)

Collections & liens

Association has lien for unpaid assessments; may foreclose resulting in forced sale of unit. (Summary item 4, page 3 and Narrative Sec)

Reserves & fees

Required; amount deemed necessary by Association. Unit Owner's share not utilizable individually; conveyed with title. (Narrative Section M, page 18)

Leasing & rentals

Yes, subject to restrictions: minimum initial lease term of 6 months; no transient, hotel, vacation, short-term rental; no subleasing; only entire unit may be leased. (Narrative Section J.2, pages 15-16)

Architectural approval

Yes, for structural additions, alterations, improvements, and exterior changes (including doors, windows, paint). Approval from Covenants Committee or Board of Directors. (Narrative Section D.3, page 10)

Home business

Permitted within parameters established in Declaration (Sections 10.1 and 10.2). (Narrative Section C, page 9)

Signs & flags

American flag permitted ≤3x5 feet, displayed via flagpole bracket attached to window trim, bracket color matching trim, no water intrusion. Must comply with Chapter 1 of US Code. No other flags on exterior, no draping over railing or affixe (Narrative Section N, page 19)

Insurance

Deductible as determined by Association; Unit Owner may be responsible for deductible in certain instances. (Narrative Section O, page 20)

Use restrictions

Yes, except Declarant can use units as sales office, model, etc. Home-based business allowed within Declaration parameters. (Summary item 12, page 4 and Narrative Se)

Voting & meetings

Each Unit Owner has one equal vote. (Narrative Section K, page 17)

Amendments

Declarant may amend unilaterally before recording. Thereafter, amendments generally require written consent of Unit Owners holding 2/3 of votes, plus consent of Declarant, Mortgagees, and/or particular Unit Owners for certain amendments. (Narrative Section B (Amendments), page 8)

Amenities

Planned clubhouse, pool, welcome parks, pocket park, community park, Public Square. Clubhouse and pool to be completed before certificates of occupancy for more than 48 units. (Narrative Section E.5, page 12)

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