Park Side Manor Condominium Association, Inc

Key facts from Park Side Manor Condominium Association, Inc's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

PARK SIDE MANOR CONDOMINIUM ASSOCIATION, INC.

Developer / declarant

Trimar Development Corporation (Article I; Introductory paragraph)

Governing law

Unit Ownership Act of the State of Connecticut (Sections 47-67 to 47-90c of the Connecticut General Statutes, Revision of 1958, as amended) (Article I; Article II, Section 23; Artic)

Assessments & dues

Board of Directors shall prepare a budget at least annually and determine the amount of common charges payable by Unit Owners to meet common expenses; allocate and assess among Units according to their percentage of undivided ownership (Bylaws Article V, Section 1)

Special assessments

Not explicitly named; common expenses may include amounts for working capital, operating reserve, reserve for replacements, and to make up any deficit; also, additions/improvements costing over $15,000 require approval of majority of Unit O (Bylaws Article V, Sections 1, 12)

Collections & liens

Association has a lien on a Unit for unpaid common charges; may foreclose on such lien; lien is subject to prior mortgage liens; in foreclosure action, Unit Owner required to pay reasonable rent, and plaintiff (subject to mortgagee rights) (Bylaws Article V, Sections 4, 5)

Reserves & fees

Board may include a reserve fund for replacements in common expenses; also account for reserve for replacement and emergency (Bylaws Article V, Section 1; Article IX,)

Pets

Allowed with Board consent; dogs, cats, or other household pets may be kept provided they are not bred or maintained as a nuisance; Board may require removal within 3 days written notice (Rules and Regulations (appended to Bylaw)

Leasing & rentals

Entire Unit may be rented; no portion of a Unit other than the entire Unit may be rented (Bylaws Article V, Section 11(e))

Architectural approval

Board shall answer written request for approval within 30 days after receipt; failure to do so constitutes consent (Bylaws Article V, Section 13)

Home business

Prohibited; no Unit may be used for commercial purposes; Declarant retains right to use units for sales offices until units initially sold (Declaration Article X, Section 1)

Maintenance

Unit Owner responsible for maintenance, repairs, and replacements to Unit (structural or nonstructural); Association responsible for Common Elements and Limited Common Elements. Unit Owner responsible for damage caused by his negligence, mi (Bylaws Article V, Sections 8(a), 8(b))

Insurance

Board shall obtain physical damage insurance on Property (including Units and standard fixtures) for replacement cost at least 90%; insurance against fire, extended coverage, vandalism, malicious mischief, and other perils as deemed appropr (Bylaws Article V, Section 9 (A, B, C, D))

Use restrictions

Units shall be used as residences only; no transient, hotel or commercial purposes; no portion of a Unit (other than entire Unit) may be rented; no immoral, improper, offensive or unlawful use (Declaration Article X, Section 1; Bylaws)

Voting & meetings

Votes are based on Percentage Interest (undivided interest in Common Elements), not per capita; each Unit Owner's vote equals his percentage interest (Declaration Article XII, Section 1; Byla)

Amendments

Declaration: amendment requires affirmative vote of two-thirds of Unit Owners and mortgages holding two-thirds of units subject to mortgage, except changes affecting boundaries, percentage interests, liability for common expenses or rights (Declaration Article XII, Sections 1, 2; )

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