Sherman Hills II Condominium

Key facts from Sherman Hills II Condominium's documents

Community type

Condominium (Article III, Section 3.1: Common Interes)

Legal name

Sherman Hills II Condominium

Governing law

Common Interest Ownership Act, §§ 47-200 et seq. of the Connecticut General Statutes (Article I, Section 1: ...submits to the )

Assessments & dues

Executive Board proposes budget; mails summary to all Unit Owners; sets meeting within 14-30 days; budget ratified unless majority reject at meeting (Article XIX, Section 19.4)

Special assessments

If Executive Board votes to increase budget more than 15% over operating budget, must submit to Unit Owners for ratification in same manner as budget (Article XIX, Section 19.5)

Collections & liens

Association has lien on each Unit for unpaid assessments and fines; lien is prior to all other liens except certain exceptions; may foreclose like mortgage; lien extinguished if enforcement not instituted within 2 years after amount due (Article XIX, Section 19.3)

Reserves & fees

Reasonable reserves held in trust or by Association for repair, replacement or addition to Common Elements or other real or personal property (Article II, Section 2.6(iv): Common Expe)

Leasing & rentals

Leasing allowed but subject to minimum lease term of 60 days; all leases and rental agreements must be in writing and subject to Instruments and Association (Article X, Section 10.2)

Architectural approval

Prior written consent of Executive Board required for any structural addition, alteration, or improvement in or to Common Interest Community; also permission required to change appearance of Common Elements or exterior of Unit or any other (Article XIII, Section (a) and (b)(ii))

Use restrictions

Each Unit restricted to residential use as a single family residence only; single housekeeping unit operating on non-profit, non-commercial basis (Article X, Section 10.1(a))

Voting & meetings

Each Unit has one equal vote (Article IX, Section 9.2(c): Each Unit in)

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