Gold Run

Key facts from Gold Run's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Units / lots

363 (Section 4.1: The number of Units present)

Developer / declarant

Sherrelwood, Inc. (Recitals A: Declarant, Sherrelwood, Inc.)

Governing law

Colorado Common Interest Ownership Act, §§38-33.3-101 et seq. (Section 1.1(a): Act shall mean the Color)

Assessments & dues

Determined by budget; no fixed amount stated (Section 6.2: based upon the Association')

Special assessments

Allowed for capital improvements, extraordinary maintenance, etc.; requires compliance with Section 303(4) notice (Section 6.4: Special Assessments may be )

Collections & liens

Association may foreclose lien for unpaid assessments; lien attaches as provided by Act (Section 6.1 (lien), Section 6.7 (foreclo)

Reserves & fees

Reasonable late fee determined by Board for payments not made within 10 days of due date (Section 6.6(a): not fully paid within 10)

Pets

Yes, subject to restrictions; no dangerous animals as determined by Board (Section 7.7: No pot-bellied, poisonous s)

Leasing & rentals

Yes, subject to restrictions (Section 7.2: Any Owner shall have the ri)

Parking & vehicles

Not specifically addressed; prohibited vehicles cannot park overnight (Section 7.8: no such vehicle shall remai)

Architectural approval

Yes, for certain modifications (Level II and III) (Section 8.4(b): Levels of Review - Level)

Home business

Home businesses allowed if residential character unchanged, no external evidence, no employees other than Owner, no manufacturing or fabrication, no parking or vehicles beyond reasonable (Section 7.1: Home businesses shall be al)

Maintenance

Association responsible for exterior surfaces including roofs (as part of Common Elements) (Section 4.2: unfinished interior surface)

Insurance

May contain reasonable deductible; allocated to Owner of Unit where fire commenced, or to negligent party (Section 9.15: Association's insurance po)

Use restrictions

Units shall be used only as a residential dwelling (Section 7.1: All Units ... shall be used)

Voting & meetings

One vote per Unit; no cumulative voting (Section 3.1: Each Unit shall be entitled)

Amendments

May be amended by Owners (Section 11.5) or by Association (Section 11.6); requires vote per Act; court order approved this Declaration (Exhibit E) (Sections 11.5, 11.6; Recital H (court or)

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