Bay Woods Condominium

Key facts from Bay Woods Condominium's documents

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

Community type

Condominium (Title; Article I)

Legal name

Baywoods Condominium Association (Section 7.1)

Developer / declarant

Original Declarant not named; this amendment is made by Baywoods Condominium Association (Preamble; Article I)

Governing law

Washington Condominium Act (Chapter 64.34 RCW) (Section 1.2; Section 2.17)

Age restriction

Housing for older persons; at least 80% of units occupied by at least one person 55+; no occupant under 21; visitors under 21 limited to 30 nights per 6-month period (Section 9.1.2)

Assessments & dues

Common expenses assessed according to Allocated Interests (equal proportions per unit); budget sets amounts (Sections 10.1, 10.6.1)

Special assessments

Special assessments permitted; procedure in Section 10.7 (Section 10.7)

Collections & liens

Association has a statutory lien for assessments enforceable by power of sale or judicial foreclosure (Sections 10.15-10.18) (Sections 10.15, 10.16, 10.17, 10.18)

Reserves & fees

Reserve study required by state law; reserves must be established for major repairs and replacements (Section 10.3); limitations on withdrawals (10.3.4) (Sections 10.3, 10.3.2)

Pets

Only small birds and aquarium fish are permitted; all other animals prohibited (Section 9.1.6)

Leasing & rentals

Leasing allowed, subject to limitations on number of investor-owned units (Section 9.2); short-term rentals not specifically prohibited but rental restrictions apply (Section 9.1.1, 9.2)

Home business

Low-impact commercial use allowed only with Board approval; must comply with laws and be compatible with age-restricted nature (Section 9.1.1)

Use restrictions

Units shall be used for residential purposes only; low-impact commercial use permitted with Board approval (Section 9.1.1)

Voting & meetings

Each unit has one equal vote; voting manner prescribed in Bylaws (Section 7.4.1, 7.4.2)

Amendments

Declaration may be amended by vote or agreement of at least 60% of Unit Owners (Section 1.3); certain amendments require mortgagee consent (Section 17.5) (Sections 1.3, 17.1, 17.5)

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