Garageminiums at Corporate Ridge Condominium

Key facts from Garageminiums at Corporate Ridge Condominium's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

commercial condominium (Section 2.1 - Common Interest Community:)

Legal name

The Garageminiums at Corporate Ridge Condominium

Developer / declarant

Paragon Development, Inc.

Governing law

Common Interest Ownership Act, Public Act 83-474 of the Connecticut General Statutes (Section 1.1 - Act)

Assessments & dues

Executive Board adopts proposed budget, provides summary to all Unit Owners, and sets meeting for ratification. Budget is ratified unless rejected by majority of all Unit Owners at that meeting. (Section 19.5)

Special assessments

Any Common Expense assessment not included in budget exceeding 15% of current operating budget requires ratification by Unit Owners (same as max_increase). (Section 19.6)

Reserves & fees

Reserves may be established by the Association for repair, replacement of Common Elements. (Section 19.1(d))

Leasing & rentals

Yes. Leases must be in writing and subject to Documents and Rules. No right of refusal in favor of the Association. (Section 10.2: "Leasing of Units shall be)

Architectural approval

Yes (Section 13.3(a): Unit Owner may make add)

Maintenance

Association maintains Common Elements (Section 6.1). Unit Owner maintains Unit interior (Section 6.2) and Limited Common Elements listed in Article V(b) & (c) (doorsteps, exterior doors/windows, heating/cooling apparatus, electrical switche (Sections 6.1, 6.2, 6.3)

Voting & meetings

One vote per Unit (Section 9.2(c): "Each Unit shall have on)

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