Bay Shores Six Condominium

Key facts from Bay Shores Six Condominium's documents

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

Community type

Condominium (Section 1: "create a plan of condominium)

Legal name

BAY SHORES SIX CONDOMINIUM ASSOCIATION OF OWNERS, INC.

Developer / declarant

Bay Shores Six, Limited Partnership, a Delaware limited partnership (Preamble: "BAY SHORES SIX, LIMITED PARTN)

Governing law

Delaware Unit Property Act, 25 Del. C. Sections 2201-2240 (as amended) (Preamble: "25 DEL. C, SECTIONS 2201, ET )

Reserves & fees

Repair and replacement reserves may be established as common expenses (Section 2(e)(2): "repair and replacement)

Home business

No industry, business, trade, occupation, or otherwise for profit or altruism permitted on any part of the property (Section 7(e): "no industry, business, tr)

Maintenance

Roof is a common element (structural part), so Association maintains (Section 2(d)(2): "The foundations, struc)

Use restrictions

Each unit shall be used only for residential purposes (Section 7(a): "Each Unit shall be used o)

Voting & meetings

Based on Percentage Interest (undivided ownership of common elements); vote of majority = more than 50% interest (Section 2(i): "Majority ... means the Ow)

Amendments

By vote of Majority of Unit Owners at meeting, with written approval of mortgagees holding first liens on more than 50% of units subject to mortgages; Percentage Interest change requires unanimous consent; amendment must be recorded (Section 17: "may be amended by the vote )

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