Lodge at Terralago

Key facts from Lodge at Terralago's documents

Legal name

The Lodge at TerraLago Condominium Association, a Colorado nonprofit corporation (Sec. 1.9 and Sec. 4.1)

Developer / declarant

Emerald Estates LLC, a Colorado limited liability company (Preamble: "by Emerald Estates LLC" and S)

Governing law

Colorado Common Interest Ownership Act (CCIOA), C.R.S. §§ 38-33.3-101 et seq. (Sec. 1.1: "Act" means the Colorado Commo)

Assessments & dues

Common Expense Assessment Liability allocated equally per Unit (fraction: 1/ total number of Residences) (Sec. 1.5(b): "All Common Expenses shall )

Special assessments

Defined in Sec. 1.55 (Sec. 1.55: "Special Assessment" means th)

Reserves & fees

Common Expenses include allocations to reserves per Sec. 1.18 (Sec. 1.18: "Common Expenses means expend)

Pets

Regulated; see Table of Contents Sec. 6.3 "Pets Within the Condominium Community" (text not provided) (Table of Contents, Sec. 6.3)

Use restrictions

Implied; use and occupancy provisions in Art. 6 (not fully provided) (Sec. 6.1: "Use and Occupancy of the Cond)

Voting & meetings

One vote per Unit; in director elections, each Owner has number of votes equal to number of directors to be elected, but no more than one vote per candidate (Sec. 4.6)

Amendments

Amendments by Owners per Sec. 14.2; by Declarant per Sec. 14.3; consent of Eligible Mortgagees and Declarant required in certain cases (Sec. 14.2, 14.3, 14.4, 14.5)

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