Racine Park Condominium

Key facts from Racine Park Condominium's documents

Community type

Condominium

Legal name

UNIT OWNERS ASSOCIATION OF RACINE PARK CONDOMINIUM

Governing law

RCW 64.34.264(1) and RCW 64.34.228(3) (pursuant to RCW 64.34.264(1) and RCW 64.)

Special assessments

Limited Common Assessments levied against affected units to recover costs of repairs to Special Limited Common Elements. (Section 6.2.3)

Collections & liens

Association following foreclosure of its lien for assessments is exempt from rental restrictions. (Section 9.1.12.8)

Leasing & rentals

General restriction: no Unit Owner permitted to rent his or her Unit, with exceptions for institutional lender, foreclosure, and as provided in Sections 9.1.12.3, 9.1.12.4, 9.1.12.5. (Section 9.1.12.1)

Home business

Board may permit use of part of a Unit for a professional office or other low impact commercial use which will not involve receipt, storage or distribution of inventory, or cause unreasonable annoyance or disturbance, consistent with applic (Section 9.1.1)

Maintenance

Unit Owner responsible for mechanical equipment, hot tub, etc. serving only one Unit. Board may permit screen doors, window screens, awnings, planter boxes to be maintained by owners per uniform architectural standards. (Section 6.2.2)

Insurance

Board may require that a Special Limited Common Element be insured by the Owner of the Unit to which it is appurtenant. (Section 2.33 (last sentence))

Use restrictions

Buildings and Units shall be used for residential purposes only, whether on ownership or rental basis, and for common social, recreational or other reasonable uses normally incident. (Section 9.1.1)

Voting & meetings

Amendment requires vote of Owners holding not less than 67% of votes; for matters affecting uses (age-restrictions), 90% of votes. (Article XVII of Declaration; Seventh Ame)

Amendments

Pursuant to Article 17 of Declaration, amendment requires vote of owners holding not less than 67% of votes (and 90% for use restrictions), with concurrence of Eligible Mortgagees if any. (Article XVII (Eighth and Seventh Amendme)

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