Eagle's Nest Condominium

Key facts from Eagle's Nest Condominium's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (DOC 144719 Section 3.1: 'The Common Inte)

Legal name

Eagle's Nest Condominiums, Inc.

Units / lots

21 (initial units per Schedule A-2 in supplement) (DOC 142266 PAGE 2: Table of Interests sh)

Developer / declarant

Eagle's Nest Condominiums, Inc. (DOC 144719 Section 2.8 and DOC 141819 PA)

Governing law

Common Interest Ownership Act, Chapter 828 of the Connecticut General Statutes (DOC 144719 Section 2.1: 'The Common Inte)

Assessments & dues

Common Expenses apportioned per unit according to percentage share in Schedule A-2 (4.76% each initially). Budget adopted by Executive Board, subject to ratification by unit owners. (DOC 144719 Section 19.1, 19.4; Schedule )

Special assessments

If special assessment exceeds 15% of current annual operating budget, must be submitted to unit owners for ratification per same procedure as budget (Section 19.5). (DOC 144719 Section 19.5: 'If the amount )

Collections & liens

Association has statutory lien for assessments, prior to other liens except prior recorded liens, first/second security interests recorded before delinquency, and real property taxes. Lien effective from recording of Declaration. Foreclosur (DOC 144719 Section 19.3(a)-(g))

Reserves & fees

Reasonable reserves for repair, replacement or addition to Common Elements are Common Expenses (Section 2.6(iv)). (DOC 144719 Section 2.6(iv): 'Reasonable )

Leasing & rentals

Leasing allowed, but may not be for term of less than sixty days. All leases must be in writing and subject to Association requirements. (DOC 144719 Section 10.2: 'A Unit may not)

Home business

Home professional pursuits requiring regular visits from the public or unusual levels of mail, shipping, trash or storage are allowed, but no sign indicating commercial uses. (DOC 144719 Section 10.1(a): 'except for )

Signs & flags

Signs indicating commercial uses may not be displayed on a Unit. Declarant has right to post signs for sales (Section 8.7). (DOC 144719 Section 10.1(a): 'no sign ind)

Maintenance

Association maintains all Common Elements and Limited Common Elements except as required of Unit Owners. Unit Owner maintains own Unit except portions assigned to Association. Unit Owner responsible for snow/debris removal from patios and s (DOC 144719 Sections 6.1, 6.2, 6.3)

Use restrictions

Each Unit restricted to residential use as a single-family residence (DOC 144719 Section 10.1(a): 'Each Unit i)

Voting & meetings

One equal vote per unit (DOC 144719 Section 9.2(c): 'Each Unit in)

Amendments

Declaration may be amended by vote of at least 67% of the Votes in the Association. Unanimous consent required to create or increase Special Declarant Rights, increase number of units, change boundaries, allocated interests, or uses. (DOC 144719 Section 15.1, 15.4)

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