Soda Lakes II

Key facts from Soda Lakes II's documents

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

Community type

condominium (Soda Lakes II (A Condominium Community))

Legal name

Soda Lakes II Condominium Community

Assessments & dues

Monthly common expense assessments fixed at rates based on square footage of each unit, sufficient to meet advance budget, apportioned per section 7.2 and Exhibit B (Section 7.5)

Special assessments

Special assessments allocated on a pro-rata basis with each unit assessed an equal share (1/39). May be levied by Board with 2/3 vote of Members. For operating deficit, unbudgeted costs, construction, repair, replacement of Common Elements. (Sections 7.5, 7.6, 6.7.1)

Voting & meetings

Majority vote of owners present that constitute a quorum for financing decisions; two-thirds (2/3) of votes of Members voting in person or by proxy for special assessments (Section 6.7.1, Section 7.6)

Amendments

Majority of owners voted to amend at a Special Meeting called by the Board (WHEREAS clause: "the majority of owners )

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