Global Consulting

Key facts from Global Consulting's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Section 1.1)

Units / lots

5 (initially) (Section 1.3; Section 3.1)

Developer / declarant

Global Consulting LLC, a Colorado limited liability company (Opening paragraph)

Governing law

Colorado Common Interest Ownership Act (CCIOA), Colo. Rev. Stat. § 38-33.3-101 et seq. (Section 1.1; Section 2.1)

Assessments & dues

Based on Common Allocation (percentage allocated to each Unit as set forth in Exhibit B). (Sections 2.11, 8.3)

Special assessments

Association may levy Special Assessments pursuant to Section 8.4. (Section 2.41; Section 8.4)

Collections & liens

The Association has a lien and personal obligation for assessments under Sections 8.1 and 8.9. (Sections 8.1, 8.9)

Reserves & fees

Association shall establish and maintain an adequate reserve fund from Annual Assessments for maintenance, repair or replacement of General Common Areas and Improvements. (Section 4.16)

Leasing & rentals

Leasing is permitted but subject to restrictions; Association may restrict leasing to meet underwriting requirements of institutional lenders (Section 4.9.1(b)(iv)). (Section 4.9.1(b)(iv))

Architectural approval

No Improvement shall be erected, placed, reconstructed, replaced, repaired or otherwise altered until plans approved by Design Review Committee, except improvements completely within a building and not visible from outside. (Section 5.3)

Signs & flags

Subject to Design Guidelines (Section 5.1.9) and Section 6.8 (Signs). (Sections 5.1.9, 6.8)

Use restrictions

No nuisance shall be permitted (Section 6.18). (Section 6.18)

Voting & meetings

Each Owner has number of votes equal to its Unit's Common Allocation times 100. One class of voting membership. Multiple owners of a unit vote by majority agreement. (Section 4.5)

Amendments

Amendment requires Declarant's approval generally (Section 18.2); notice of amendment (Section 18.3); effective on recording (Section 18.4). (Article XVIII (18.1-18.4))

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