Promontory at Steamboat Springs

Key facts from Promontory at Steamboat Springs's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title: CONDOMINIUM DECLARATION)

Legal name

Promontory at Steamboat Condominium Association, Inc. (Section 2.2)

Developer / declarant

Gondo, Ltd., a Colorado general partnership, acting by David F. Butler, General Partner (Page 1 (first paragraph))

Governing law

Condominium Ownership Act of the State of Colorado (Recitals (Paragraph 1.2))

Reserves & fees

Mandatory contingency or reserve fund for repair, replacement, and maintenance of General Common Elements that must be replaced periodically. (Section 11.2)

Voting & meetings

Total votes as set forth in Articles of Incorporation and By-laws; membership may be assigned to a mortgagee as security. (Section 9.2, 9.1)

Amendments

Declaration shall not be amended unless owners representing 75% or more aggregate ownership interest and all mortgagees consent, by recorded instrument. (Section 16.2)

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