Squalicum Lofts Condominium

Key facts from Squalicum Lofts Condominium's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title of Document: 'FOURTH AMENDMENT TO )

Legal name

Unit Owners Association of Squalicum Lofts Condominium

Developer / declarant

SQUALICUM LOFTS DEVELOPMENT, INC. (First paragraph: 'SQUALICUM LOFTS DEVELO)

Governing law

RCW 64.34 (References to RCW 64.34.236, RCW 64.34.2)

Assessments & dues

Allocated Interest for Common Expense Liability based on square footage, subject to adjustment under Section 10.8 (Section 10.6.1: 'roughly in proportion t)

Parking & vehicles

237 numbered spaces, may be assigned for exclusive use of individual unit owners, unassigned are visitor parking, use governed by Section 9.1.3 (Section 5.9: 'total of two hundred and t)

Voting & meetings

Each unit has equal vote, expressed as 2.564% per unit (except aggregated units) (Section 7.4.2: 'equal vote in the Associ)

Amendments

Declarant may unilaterally amend to exercise Development Rights under Sections 3.3.2 and 17.6 and RCW 64.34.236; reallocation of limited common elements requires approval of affected unit owners, eligible mortgagees, and Board under RCW 64. (Whereases and Sections 3.3.2, 17.6, 6.3,)

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