Buttesthe

Key facts from Buttesthe's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision with common elements owned in common (Recitals, Art I definitions)

Developer / declarant

Red Butte Development Corporation, a Wyoming Corporation (First paragraph, Art I Sec.1)

Assessments & dues

Not fixed; determined by Board (Art VIII F, H)

Special assessments

Allowed for capital improvements with assent of 3/4 of votes of each class of members (Art VIII D)

Collections & liens

Assessments are a continuing lien on the property; personal obligation of owner; lien subordinate to first mortgage; foreclosure extinguishes prior assessment liens but not future; association may foreclose lien or sue owner personally (Art VIII B, I, J)

Reserves & fees

Interest of 12% per annum from due date (Art VIII I)

Pets

Yes, household pets allowed; no cattle, horses, pigs, sheep, poultry, goats or other animals (Art X P)

Leasing & rentals

Yes, lease or rental of Unit for lodging or residential purposes allowed, but minimum lease term of six months duration or longer (Art VI A)

Architectural approval

Yes, Architectural Control Committee (officers of Association) must approve plans for any structure, including construction and alteration (Art VI C, Art X J)

Home business

Not allowed except professional office (doctor, lawyer, architect, engineer, etc.) as integral part of residence, not principal office (Art X A)

Signs & flags

Only one sign advertising premises for sale/rent/open house up to 6 sq ft; one sign identifying owner/occupant up to 2 sq ft; lights must reflect away from residences; Declarant exempt (Art X N)

Setbacks / home size

Minimum living area on any one level: 1,500 square feet (Art X J4)

Insurance

Owner may carry fire, casualty, personal liability insurance on improvements on their Unit (not required but recommended) (Art IX C)

Use restrictions

Each Unit for single family residential purposes only; no trade or business except professional office as integral part of residence not principal office (Art VI A, X A)

Voting & meetings

Two classes: Class A (each Owner one vote per unit, except Declarant); Class B (Declarant three votes per unit not owned by Class A), Class B converts to Class A when total Class A votes exceed Class B (Art VII D)

Amendments

First 30 years: instrument signed by 75% of lot owners; thereafter: 65% of unit owners; must be recorded; revocation requires unanimous consent of Owners and Mortgagees (Art XI C, D)

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