Hangar III Condominium

Key facts from Hangar III Condominium's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Hangar III Condominium, Art. 1.1)

Legal name

Hangar III Condominium

Developer / declarant

Plank Family, L.L.C.

Governing law

Washington Condominium Act, RCW 64.34 (Recitals)

Assessments & dues

Association prepares proposed budget; summary provided to members; meeting set 14-60 days later; budget ratified unless majority of members reject (quorum not required); rejected budget continues prior budget; initial budget set by Declaran (Art. 10.1, 10.2)

Special assessments

May be levied when budget inadequate or for limited common element care (9.4.3); assessed proportionally to allocated interest or specially to specific unit (Art. 10.3, 9.4.3, 8.5.6)

Collections & liens

Unpaid assessments (regular or special) plus interest, costs and attorney's fees constitute a lien on the unit, its common element interest, and appurtenant limited common elements; lien priority and collection per Washington Condominium Ac (Art. 10.11)

Reserves & fees

Association may, at its discretion, establish separate reserve accounts (Art. 10.7)

Parking & vehicles

Not allowed on public streets, rights-of-way, or other properties except as authorized by Port of Bellingham (Art. 9.2)

Architectural approval

Association may require and regulate exterior appearance of limited common elements, paint, decorative finishes, covering of doors and windows to ensure uniform exterior appearance (Art. 5.3, 9.5)

Maintenance

Owners: maintenance, repair, and replacement of interior of unit, its equipment/appliances/appurtenances, and limited common elements adjacent/associated with their unit. Association: maintenance, repair, and landscaping of common elements. (Art. 9.4, 5.3, 8.5.5)

Insurance

Determined by Association; insurance after deductible must be at least 99% of actual cash value of insured property (exclusive of land, excavations, foundations, etc.) (Art. 12.1)

Voting & meetings

Each unit has 20 votes (20% of 100 total); one voting representative per unit designated by owner(s); joint owners who cannot agree lose vote (Art. 7.4, 7.4.1)

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