Valley View Lodges Townhomes

Key facts from Valley View Lodges Townhomes's documents

Community type

Residential planned community (townhomes) (Article 1, Section 1.1)

Legal name

Valley View Lodges Townhomes Owners Association

Units / lots

2 residential townhome units (on Lot A and Lot B) (Article 3, Section 3.1; Section 1.2(h))

Developer / declarant

Bay Stars Investments, Inc., a Florida corporation (Opening paragraph)

Governing law

Colorado Common Interest Ownership Act §38-33.3-105, 106, 107 only; remaining provisions excluded (Article 1, Section 1.1)

Reserves & fees

May be established upon mutual agreement of Owners based on anticipated future repairs (Article 6, Section 6.1)

Leasing & rentals

Yes, with restrictions: tenant must be at least 30 years old; occupants limited to 10 family members from not more than 2 families; lease must include attornment clause (Article 4, Section 4.4)

Parking & vehicles

Vehicles only on Owners' Lots in designated areas; common driveway must not be blocked (Article 4, Section 4.3(d))

Architectural approval

Prior specific approval of Association required for any exterior change, painting, modification (with other Owner's consent also required for general common elements) (Article 5, Section 5.3(b))

Use restrictions

Lots shall be used and occupied solely for residential purposes and accessory uses (Article 4, Section 4.1)

Voting & meetings

One vote allocated to each Lot; exercised by designated natural person (Section 2.2, 2.3)

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