Koch Townhouses

Key facts from Koch Townhouses's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium association (Article 1: Koch Townhouses Condominium A)

Legal name

Koch Townhouses Condominium Association

Special assessments

may levy and collect special assessments as necessary for operating or maintenance expenses or additional capital expenditures, with opinion of Owners it is necessary (Article 4.6f)

Collections & liens

Association may collect delinquent assessments by suit or lien; Article 8 requires written request to report unpaid assessments; Article 11: if statement of unpaid assessments not furnished within 14 business days of request, Association lo (Article 4.6h, Article 8, Article 11)

Reserves & fees

may set aside from time to time amounts as reserve fund to meet contingencies, maintain any property, and for any other purpose (Article 4.6g)

Voting & meetings

voting as per Declaration and Articles of Incorporation; each Unit Owner's vote weighted by Allocated Interests (Article 2.2, Article 2.3)

Amendments

Bylaws may be amended by Association's members at a duly constituted meeting; amendment takes effect if approved by owners representing 67% of Allocated Interests represented in person or by proxy entitled to vote; notice must contain summa (Article 7)

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