West Carr Townhomes

Key facts from West Carr Townhomes's documents

Community type

Covenant / Planned Community

Legal name

West Carr Townhomes Owners Association, Inc.

Developer / declarant

West Carr Townhomes, LLC

Governing law

Colorado Common Interest Ownership Act, C.R.S. §38-33.3-101 et seq. (Opening: 'submitted to the provisions of)

Assessments & dues

Executive Board proposes budget; ratified unless rejected by majority of all Unit Owners at a meeting held 14 to 60 days after mailing summary (Article XIX(D): 'Within 90 days after ad)

Special assessments

Nonbudgeted assessments exceeding 15% of current annual operating budget must be ratified by Unit Owners in same manner as budget (Article XIX(E): 'If the Executive Board )

Collections & liens

Association has a lien on a Unit for unpaid Common Expense Assessments; lien priority over prior recorded liens except first security interest recorded before delinquency (with 6-month super-priority); foreclosure by judicial procedure (Article XIX(C)(10): 'The Association is )

Reserves & fees

Reasonable reserves may be established by the Association for repair, replacement or addition to Common Elements or other property (Article I(F)(4): 'such reasonable reserv)

Pets

Pets permitted only if allowed by applicable Zoning Ordinances; pets not permitted in zone may not be kept (Article X(B)(4): 'No animals or pets not)

Leasing & rentals

Leases allowed but must be in writing and subject to requirements of Documents and Association; must include attornment clause recognizing Association as landlord for enforcement (Article X(C): 'All leases and rental agr)

Fences

Unit Owners may construct fences on Limited Common Elements with permission of Executive Board; Executive Board may install perimeter fences and gates. (Article XIII(C): 'construction of fences)

Architectural approval

No owner may make structural additions, alterations or improvements without prior written consent of Executive Board; certain actions prohibited without permission (change exterior appearance); exceptions for raised beds, plants, security c (Article XIII(A)(1): 'no Unit Owner will )

Solar & roof

Unit Owner may install code-compliant solar panels on roof above their Unit or elsewhere in Unit or associated Limited Common Elements, provided owner has insurance coverage for damage and agrees to be liable for any damage. (Article XIII(A)(7): 'install building co)

Home business

No industry, business, trade or commercial activities not permitted under Zoning Ordinances (Article X(A)(1): 'no industry, business,)

Maintenance

Roofs are Limited Common Elements allocated to the Units in that Building; unit owners responsible for maintenance, but may be assumed by Association under Article VI(C) conditions. (Article V(4): 'The roof and structural c)

Insurance

Maximum deductible lesser of $1,000 or 1% of policy face amount; deductible per unit paid by the Unit Owner suffering the loss as an additional Common Expense. (Article XXII(B)(4): 'The maximum deducti)

Use restrictions

Each Unit restricted to use as a single-family residence as defined in applicable Zoning Ordinances (Article X(A)(1): 'The use of each Unit i)

Voting & meetings

Each Unit has one vote (Article I(B): 'Each Unit shall have one )

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