Wellington Parkway Residences No. 2

Key facts from Wellington Parkway Residences No. 2's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (planned community) (Recital C, Association name)

Units / lots

no more than twenty Lots (Recital B)

Developer / declarant

Wellington 19, LLC, a Colorado limited liability company (Opening paragraph, Recital A)

Governing law

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

Assessments & dues

Determined annually by Association's budget; each Lot's share is 1/total number of Lots (Section 5.2, Section 3.4(a))

Special assessments

Permitted for previously unbudgeted expenses or excess budgeted expenses; includes construction, restoration, unbudgeted repairs (Section 5.3)

Collections & liens

Unpaid Assessments become a continuing lien on the Lot. Foreclosure permitted. Sale or transfer does not extinguish lien except as provided by law. (Sections 5.1(b), 5.6(c), 5.7)

Reserves & fees

Surplus funds may be retained by Association as reserves or other funds (Section 5.9)

Pets

A reasonable number of dogs, cats, or other domestic animals as bona fide household pets allowed (Section 8.5)

Leasing & rentals

Owner may lease or allow occupancy, including short-term or long-term rentals (Section 8.4)

Parking & vehicles

Oversized vehicles, trucks over 1 ton, commercial vehicles not allowed unless within a garage or written authorization; temporary loading/delivery exempt; overnight parking prohibited (Section 8.9(b))

Architectural approval

Not explicitly; Board may modify restrictions and adopt rules (Section 8.1, 8.18). No formal Architecture Review Committee process described. (Sections 8.1, 8.18)

Home business

Permitted with conditions: secondary to residential use, within home, not detectable outside, no undue traffic, no on-site sales, no off-site storage, no employees other than residents, no separate entrance, uses no more than 400 sq ft, law (Section 8.3(a)-(j))

Signs & flags

Only one "For Sale" or "For Rent" sign up to 3'x2', one security sign up to 6"x6", election signs per rules. No other signs. (Section 8.14)

Maintenance

Owner's responsibility (part of Improvements) (Section 6.2(a))

Insurance

For damage to General Community Area: Association pays deductible unless caused by Owner, then assessed to Owner; for Owner's Lot: Owner pays deductible unless caused by Association or another Owner (Section 7.17)

Use restrictions

Lots shall be used for residential use only; business activities permitted only if clearly secondary to residential use, conducted entirely within home, not detectable from outside, no on-site sales, no separate entrance, no off-site storag (Section 8.3)

Voting & meetings

Each Lot entitled to one vote (Section 3.4(b))

Amendments

By Owners: requires vote of Owners of Lots to which at least 67% of votes are allocated (Section 10.4). By Declarant: during Period of Declarant Control, Declarant may amend without Owner consent for certain purposes (Section 10.5). Certain (Sections 10.4, 10.5, 10.6)

Amenities

No recreational amenities explicitly listed; General Community Area consists of access easements, sidewalks, wall/fence, guest parking/drainage tract, storm sewer (Section 1.2(k))

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