Trailstone Community Association

Key facts from Trailstone Community Association's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community under CCIOA (Section 1.9)

Units / lots

Maximum 725 lots (Lots that May Be Included) (Section 1.16)

Developer / declarant

Taylor Morrison of Colorado, Inc. (Opening paragraph and Section 1.10)

Governing law

Colorado Common Interest Ownership Act (CCIOA), C.R.S. §38-33.3-101 et seq. (Section 1.6)

Special assessments

Board may levy for construction, repair, deficit; requires membership meeting and not vetoed by 67% of votes (Section 4.5, Section 4.6)

Reserves & fees

Board may charge periodic late charge; interest at 21% per annum (or lesser rate set by Board) (Section 4.11.2)

Architectural approval

Yes, for initial construction and certain exterior changes (e.g., additions over 30 inches, substantial architectural change, material color changes, etc.) (Section 5.1.1)

Insurance

Deductible paid as Common Expense; Board may assess to responsible Owner after notice and hearing if loss due to Owner's act/negligence (Section 6.1.1.1, Section 6.3)

Voting & meetings

One vote per Lot; each Lot one membership; no votes for Lots owned by Association (Section 2.3)

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