Heart Mountain

Key facts from Heart Mountain's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Page 1 title and Article I)

Legal name

Heart Mountain Condominium Association, Inc.

Developer / declarant

Jerry Thiel & Sons Construction, Inc.

Governing law

Wyoming Statutes 34-20-101 et seq. (Wyoming Condominium Act) (Page 15 'pursuant to Wyoming Statute 34-)

Assessments & dues

Determined annually by Board; estimated budget prepared by April 1; owners notified by April 15 (Article VI (B))

Special assessments

Board may levy further assessment if Estimated Cash Requirement inadequate, effective after 10 days notice (Article VI (C))

Collections & liens

Delinquent assessments (60 days or more) become a lien; may be foreclosed; lien subordinate to first mortgage recorded before due date (Article VI (J))

Reserves & fees

Board shall build and maintain reasonable reserve for contingencies and replacements (Article VI (C))

Pets

Yes, but limited: no rabbits, livestock, birds, fowl, poultry; max 2 usual/ordinary pets plus one tropical fish aquarium; dogs and cats must weigh 20 lbs or less; must be confined to unit and appurtenant areas; owner absolutely liable for d (Article V (E))

Leasing & rentals

Yes, but must be in writing, term at least 30 days, subject to HUD restrictions and Association By-Laws (Article IV (F))

Home business

Prohibited: 'No industry, business, trade, occupation or profession of any kind, commercial, religious, educational or otherwise, designed for profit... shall be conducted, maintained or permitted' (Article V (A))

Use restrictions

Yes, no part of property for any purpose other than residential housing (Article V (A))

Voting & meetings

One vote per unit (total 24 possible votes) (Article IV 'Each unit shall have one vot)

Amendments

By written instrument signed by 51% of Phase 2 completed condominium mortgage holders or 67% of people residing in units (Article IX (G))

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