Feldgray Subdivision

Key facts from Feldgray Subdivision's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

FeldGray Townhome Association, Inc. (Section 1.02(c))

Developer / declarant

Charles E. Feldmann and Jeremy S. MacGray (collectively referred to as Declarant) (Recital)

Governing law

Colorado Common Interest Ownership Act (C.R.S. Section 38-33.3 101 et seq.) (Recital B)

Collections & liens

Association has lien on Unit for unpaid Common Expense assessments; foreclosable by mortgage foreclosure procedure; lien priority as per statute; attorneys' fees included (Section 5.02)

Reserves & fees

Common Expenses include reasonable reserves established by the Association for repair, replacement, or addition to Common Elements or other property (Section 1.02(f)(iv))

Leasing & rentals

A Unit may be leased or rented for periods of no less than thirty (30) days at a time (Section 10.02)

Fences

A fence may be installed on each Unit but must meet Association requirements (Section 10.01(c))

Insurance

Unit Owners shall continuously maintain general liability and property insurance (belongings and unit structures) in amounts determined by Association; proof upon demand (Section 10.01(i))

Use restrictions

CIC restricted to residential use and uses related to convenience and enjoyment of such residential use (Section 10.01(d))

Voting & meetings

One vote per Unit (Section 3.05)

Amendments

May be amended or revoked by written consent and approval of all Unit Owners and all lienors of record; recorded in Routt County real property records (Section 15.06)

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