Riverside Subd F1

Key facts from Riverside Subd F1's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (DOC 104928: 'Geeslin Condominiums' and ')

Legal name

Geeslin Condominium Owners Association

Governing law

Colorado Common Interest Ownership Act, C.R.S. 38-33.3-101 et seq. (DOC 104928: Section 1.01)

Assessments & dues

Common Expenses assessed according to allocated interests (percentages in Exhibit A) (DOC 104928: Section 8.03, 'Common Expens)

Special assessments

Permitted for misconduct or non-normal wear and tear; also for fines (DOC 104928: Section 8.03(a), 'If any Com)

Collections & liens

Association has lien on Unit for unpaid assessments; may foreclose like mortgage (DOC 104928: Sections 8.09, 8.10, 'Associ)

Reserves & fees

Interest at 2% per month after 30 days delinquent (DOC 105026: Article VI, Section 2, 'inte)

Pets

Yes, with restrictions (DOC 105026: Article VIII(h), 'Each Owner)

Leasing & rentals

Yes, with conditions (DOC 104928: Section 3.09, 'may y reap or)

Home business

Not explicitly addressed; residential use only implies no business (DOC 105026: Article VIII(c) states 'sing)

Signs & flags

No advertising signs except real estate for sale signs for up to one year without written agreement between Units (DOC 105026: Article VIII(e), 'No adverti)

Insurance

Property insurance on Common Elements and Units (excluding owner's personal property) at full insurable replacement cost; commercial general liability insurance $1,000,000 per occurrence/aggregate (DOC 104928: Section 9.01(a) and (b))

Use restrictions

Yes (DOC 104928: Section 3.08, 'used and occu)

Voting & meetings

One vote per Unit (DOC 104928: Section 6.04, 'Each Unit sha)

Amendments

Written approval of Owners holding not less than 67% of votes (DOC 104928: Section 10.01, 'amended upon)

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