Third Street Blaine Condominium

Key facts from Third Street Blaine Condominium's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Third Street Blaine Condominium Owners’ Association

Governing law

Washington Condominium Act, Chapter 64.34 RCW (the "Act") (Article 1.1.1: Act means the Washington )

Assessments & dues

Board prepares annual budget, estimates Common Expenses, assesses each Unit in proportion to its Allocated Interest (equal among 4 Units). Budget must be ratified by Owners holding majority of Total Voting Power unless rejected. (Section 12.4: Board shall prepare a budg)

Special assessments

Board may levy special assessment for unexpected repair or other nonrecurring contingency, or to meet deficiencies in operations or reserves. Must give notice with statement of amount and reasons, hold special meeting not less than 14 days (Section 12.7: Board may levy a special a)

Reserves & fees

Association may establish reasonable late charges and rate of interest. In absence, delinquent assessments bear interest at max rate under RCW 19.52.020. (Section 13.5.7: Association may from tim)

Leasing & rentals

Yes, Unit may be Rented or Leased subject to provisions. Entire Unit must be leased, no partial leasing. (Section 9.7: The Renting or Leasing of a)

Parking & vehicles

Not explicitly prohibited, but only 'operative automobiles, pickup trucks and motorcycles' are permitted. (Section 9.5: Parking spaces are restrict)

Home business

Permitted to the extent of maintaining personal professional library, records, telephone calls or correspondence, complying with laws. (Section 9.2.1: ... not be construed to p)

Use restrictions

Each Unit shall be used as a residence and for no other purpose, with limited exceptions for personal business/professional use that complies with laws. (Section 9.2.1: Each Unit shall be used a)

Voting & meetings

As set forth in Bylaws. (Section 10.4: Meeting for the Associatio)

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