Grow II

Key facts from Grow II's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Association with Condominium and Townhome Subassociations (Article 1 definitions of Subassociation,)

Legal name

Grow Community II Master Association

Units / lots

32 (16 in Phase 1, 16 in Phase 2) (Recitals: Phase 1: 12 lots attached sing)

Developer / declarant

Bainbridge Island Holdings LLC, a Washington limited liability company (Declaration recitals, page 6)

Governing law

Washington State law (Section 4.2: Association formed under la)

Assessments & dues

Board adopts annual budget; assessments based on Common Expense Liability per Exhibit C (proportional to number of Residential Units and square footage of Commercial Space); Owners receive notice at least 30 days in advance (Sections 10.2, 10.4, 10.5)

Special assessments

Board may levy special assessments for expenses not reasonably calculable monthly, or for damage caused by Owner (after hearing), or for misconduct (Sections 10.7.3 and 2.3)

Collections & liens

Assessment lien after 30 days delinquency; notice recorded; priority over other liens; may be foreclosed as a mortgage; suit for money judgment maintainable without foreclosure (Sections 10.11, 10.14)

Reserves & fees

Budget includes reasonable sum for reserves for future major repairs and replacements of Common Maintenance Areas (Section 10.2)

Pets

Yes, subject to restrictions (Section 9.10)

Leasing & rentals

Yes; Residential Units may be used on rental, lease, or invitee basis (Section 9.1(i))

Architectural approval

Yes, ACC approval required for all construction, exterior alterations, repairs, landscaping (Section 7.1.1)

Home business

Allowed as home offices or occupations not involving nonresident employees or regular customer visits, provided Board determines no adverse effect on quiet enjoyment or value (Section 9.1(ii))

Insurance

Reasonable deductible as determined by Board (Section 11.2)

Use restrictions

Residential Units shall be used exclusively for residential purposes, including home offices/occupations under certain conditions (Section 9.1)

Voting & meetings

Each Owner has one vote per Residential Unit; votes allocated based on number of Residential Units and square footage of Commercial Space per Lot; each 600 sq ft Commercial Space equivalent to one Residential Unit (Section 4.5 and Section 10.4)

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