Broadway Park Condo

Key facts from Broadway Park Condo's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (WHEREAS clause)

Legal name

Broadway Park Association, Inc. (Section 1.01(b))

Units / lots

68 residential Units (First WHEREAS: "sixty-eight (68) residen)

Developer / declarant

Broadway Park Condominiums, LLC (Preamble)

Governing law

Alabama Uniform Condominium Act of 1991, CODE OF ALABAMA 1975 §§ 35-8A-101 et seq. (Preamble, first WHEREAS)

Special assessments

Board may levy additional assessments if budget insufficient, including emergencies. (Section 4.03 last paragraph)

Collections & liens

Association has lien on Unit for delinquent assessments, interest, costs, attorneys' fees. Lien effective from recording of Declaration; no further recordation required. May be foreclosed like real estate mortgages. (Section 4.07)

Reserves & fees

Required reserve fund for maintenance, repair, replacement based on reserve study. Study updated every five years. (Section 4.08)

Pets

Yes, but limited. No more than 2 pets per Unit without prior Board consent. Prohibited: pot-bellied pigs, venomous snakes, animals deemed vicious or dangerous by Board. (Section 6.02(m))

Leasing & rentals

Yes, subject to conditions. (Section 6.04)

Architectural approval

Yes, for alterations, additions, improvements to Unit or Common Elements, especially exterior changes. (Section 5.02 (particularly 5.02(b)(iv) a)

Home business

Allowed if: not detectable from outside, conforms to zoning, no undue traffic, consistent with residential character no nuisance or hazard as determined by Board. (Section 6.02(l))

Maintenance

Roof is part of Common Elements; Association responsible. (Section 1.01(e)(iii) (roof listed as Com)

Insurance

Owners responsible for separate insurance coverage for their Unit and personal property. (Section 8.01)

Use restrictions

Units restricted to residential use. (Section 6.02(a))

Voting & meetings

Each Unit Owner entitled to number of votes per Unit as set forth in Exhibit D. Votes cast by record owner or duly authorized proxy. (Section 3.02)

Amendments

Developer may amend without Owner approval while owning affected Units, unless change affects interests of other Owners. Otherwise, amendments require approval as set forth in Article XI (not fully detailed in extracted text; Section 2.02 r (Section 2.02 and Article XI)

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