Herbage Townhouse

Key facts from Herbage Townhouse's documents

Reflects the 1973 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Herbage Townhouse - Condominium Associat)

Legal name

Herbage Townhouse - Condominium Association

Governing law

Colorado law (Article I.2: "under Colorado law")

Assessments & dues

Not fixed; determined by Board. (Article IV.4(e))

Special assessments

Board may levy special assessments for increased operating/maintenance expenses, additional capital expenses, or emergencies. (Article IV.4(e))

Collections & liens

Association may collect delinquent assessments by suit; rights to lien and foreclosure set forth in Declaration and Bylaws. (Article IV.4(g) and Article IX.1)

Reserves & fees

Accounts include Reserve for deferred maintenance and Reserve for replacement. (Article V.1(b) and (c))

Leasing & rentals

Leasing allowed: units may be rented to persons. (Article IX.6(a))

Architectural approval

An owner shall not make structural modifications and alterations to his unit without prior written consent of Association. (Article IX.6(b))

Maintenance

Owner must reimburse Association or other owner for costs incurred repairing common elements or other unit damaged due to owner's negligence or that of tenants/agents. (Article IX.3(c))

Use restrictions

All units shall be utilized only for residential occupancy by owner, family, guests, and renters; declarant may use portion for offices. (Article IX.6(a))

Voting & meetings

One vote per condominium unit. (Article II.2)

Amendments

These Bylaws may be amended by the Association at a duly constituted meeting. (Article X.1)

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