Highlands Ski Chalets Homeowner's

Key facts from Highlands Ski Chalets Homeowner's's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Recital B: create a condominium, a commo)

Legal name

The Highlands Ski Chalets Homeowner's Association, Inc. (Recital D; Article 1(i))

Developer / declarant

Stephan Zittel and Cynthia Zittel (Article 1(o): Declarant means Stephan Zi)

Governing law

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

Special assessments

Association may levy special assessments for common expenses, limited common element maintenance, reconstruction, and other authorized purposes (Article 8(a), 8(c), 7(b), 10(d))

Collections & liens

Association has lien on unit for unpaid assessments, interest, late charges, attorney's fees; may foreclose like a mortgage (Article 8(g)-(h))

Reserves & fees

Capital Reserve Fund for Repairs and Replacements and contingency reserve (Article 8(c): capital reserve for repair)

Leasing & rentals

Owners may rent or lease units to others for residential, dwelling or lodging purposes (Article 2(e): Owners of units may rent o)

Use restrictions

Each unit used and occupied solely for residential or dwelling or lodging purposes, including nightly and transient rentals (Article 2(e): Each condominium unit shal)

Voting & meetings

Each condominium unit allocated one (1) vote; co-owners must designate one individual to vote (Article 6(c): Each condominium unit subj)

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