Fairway Gardens Townhomes

Key facts from Fairway Gardens Townhomes's documents

Community type

Covenant / Planned Community

Legal name

Fairway Gardens Townhomes Owners Association (Section 2.1; Recital D)

Units / lots

13 (maximum number of Properties) (Section 7.7)

Governing law

Colorado Common Interest Ownership Act (C.R.S. §38-33.3-101 et seq.) as amended (Section 1.2(a))

Assessments & dues

Set by Executive Board each year; amount not specified in declaration (Section 5.4)

Special assessments

Not explicitly mentioned, but general assessments may be levied for any purpose consistent with the declaration; no specific cap on annual assessment (Section 5.3)

Collections & liens

Association has a lien on each Property for unpaid assessments, which may be foreclosed. Lien is prior to all other liens except (1) prior recorded liens, (2) first mortgage, (3) real estate taxes. (Sections 5.1, 5.6)

Reserves & fees

Reasonable late charge as determined by Executive Board (Section 5.5)

Pets

Yes, limited to two dogs or two cats or one dog and one cat per Property (Section 6.5 (under Household Pets))

Leasing & rentals

Yes, subject to Declaration and Rules and Regulations (Section 6.8)

Fences

Fences and walls subject to Article 8; Committee may adopt design guidelines detailing approved types (e.g. privacy or split rail) (Section 8.5)

Architectural approval

Committee shall reply within 60 days of submission; if no legal action within 120 days after completion, improvement deemed approved (Section 8.6)

Home business

Home professional pursuits permitted without employees, public visits, or nonresidential storage (Section 6.7)

Signs & flags

Rights of Owners to display political signs in or on their Properties of kinds normally displayed in single-family residential neighborhoods shall not be abridged; Association may adopt reasonable time, place, and manner restrictions (Section 6.5 (Speech))

Use restrictions

Yes, each Property restricted to single-family residence use (Section 6.7)

Voting & meetings

One vote per Property, allocated equally (Section 3.4)

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