Willett Heights Condominiums

Key facts from Willett Heights Condominiums's documents

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

Community type

Condominium

Legal name

Willett Heights Condominiums

Units / lots

Initially 4 units on Original Property; 4 additional units in Strawberry Park Building; maximum total square feet 500,000, allowing many more units in phases. (Article 1.4 (initial 4 units); Doc 10497)

Developer / declarant

Willett Heights Limited Partnership

Governing law

Condominium Ownership Act of Colorado, Colo. Rev. Stat. sections 38-33-101, et seq (1973, as amended) (Article 1.1)

Assessments & dues

Board of directors fixes, determines, levies monthly and special assessments (Article 10.1)

Special assessments

Authorized; also liquidated damages for rule violations may be levied as special assessment (Article 10.1; Article 8.4)

Collections & liens

Association has lien for unpaid assessments, prior to all except tax and first mortgage liens; may foreclose like a mortgage (Article 10.2)

Reserves & fees

Association may create a contingency reserve to meet common expenses (Article 10.1)

Pets

Dogs, cats, other household pets may be kept if not for commercial purpose and not a nuisance (Article 5.14)

Leasing & rentals

Yes, with written lease, subject to declaration and bylaws, not for transient or hotel purposes (except first mortgagee) (Article 5.2)

Parking & vehicles

Unused vehicles include boat, trailer, camper, house trailer, etc. (Article 5.10 definition of 'unused vehic)

Architectural approval

Prior written approval of Association required for structural alterations to any condominium unit or common element; majority of unit owners in building and Board approval for alterations to portions maintained by Association (Article 5.16; Article 9.2(c))

Insurance

All buildings and improvements insured for maximum insurable replacement value (excluding foundation and excavation); personal property in common elements insured for value; included fire and extended coverage, vandalism, malicious mischief (Article 11.1)

Use restrictions

Condominium units shall be used and occupied solely for dwelling or lodging purposes (Article 5.1)

Voting & meetings

Each member votes per .1% of undivided interest in general common elements; Declarant votes per Undeclared Percentage until 40th anniversary or resignation. (Article 8.4)

Amendments

Declaration may be amended by supplemental declarations; additional property may be added by supplemental declaration within 40 years (Article 3.2; Article 2.12 (definition of)

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