Name Declaration Academy Heights Condominium

Key facts from Name Declaration Academy Heights Condominium's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Academy Heights Condominium

Governing law

Common Interest Ownership Act, Chapter 828 of the Connecticut General Statutes (Article I, Section 1.1)

Assessments & dues

Executive Board adopts budget; within 30 days, summary mailed to unit owners; meeting for ratification not less than 14 nor more than 30 days after mailing; budget ratified unless rejected by majority of all unit owners. (Article XIX, Section 19.5, page 25)

Special assessments

Common expenses not in budget may be levied; if amount >15% of current budget, must be submitted to unit owners for ratification. (Article XIX, Section 19.6, page 25)

Collections & liens

Association has statutory lien for unpaid assessments; lien can be foreclosed like mortgage; priority subject to certain exceptions; proceedings must be initiated within 2 years after amount due or lien is extinguished. (Article XIX, Section 19.4, pages 23-25)

Reserves & fees

Such reserves as may be established by the Association for maintenance, repair, replacement or addition to Common Elements. (Article XIX, Section 19.1(d), page 22)

Leasing & rentals

Yes, but subject to restrictions. (Article X, Section 10.2, page 15)

Parking & vehicles

Campers specifically excluded from garages and storage areas. (Article X, Section 10.1(c), page 14)

Architectural approval

Executive Board approval required for changes that affect exterior appearance or impair structural integrity. (Article XIII, Section 13.1(2), page 16)

Signs & flags

Declarant may post signs and displays in Common Elements to promote sales; no commercial signs outside units without permission (implied). (Article VIII, Section 8.4, page 11; Arti)

Maintenance

Not explicitly stated; roof is part of Common Elements (exterior boundaries) and thus maintained by Association. (Article IV, Section 4.3(a), page 8: wall)

Insurance

Property insurance on project facilities (buildings, fixtures, improvements, personal property of Association) at 100% replacement cost; liability insurance at least $1,900,000; fidelity bond covering funds; workers' compensation; directors (Article XXII, Sections 22.2, 22.3, 22.4,)

Use restrictions

Each unit restricted to single family residence; home professional pursuits allowed if no regular public visits or high levels of mail/shipping; no commercial signs outside. (Article X, Section 10.1(a), page 14)

Voting & meetings

One equal vote per unit; any specified percentage means percentage of votes allocated. (Article IX, Section 9.2(c), page 13)

Amendments

Declaration may be amended by vote or agreement of Unit Owners to which at least 67% of votes allocated; unanimous consent required for changes in boundaries, allocated interests, uses, special declarant rights, increase in number of units. (Article XV, Sections 15.1 and 15.4, page)

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