Bethany Breakers Condominium

Key facts from Bethany Breakers Condominium's documents

Reflects the 1978 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 3: Name of Condominium)

Legal name

Bethany Breakers Condominium

Governing law

Unit Property Act of the State of Delaware (Del. C. of 1974, Title 25, Sections 2201-2240) (Section 1 and Section 2(v))

Reserves & fees

Common Expenses may include repair and replacement reserves (Section 2(e)(2) and (6))

Signs & flags

No 'For Sale' or 'For Rent' signs or other window displays except by Owner/mortgagee on unsold units or at suitable common locations (Section 7(e))

Voting & meetings

Majority defined as owners of more than 50% of aggregate percentage interest; voting based on percentage interest (Section 2(k) and Schedule B)

Amendments

Amendment requires majority vote of Unit Owners and approval in writing by mortgagees holding first liens on more than 50% of units subject to mortgages; must be recorded (Section 16)

Amenities

Recreational amenities, bathing pavilion, equipment, tennis courts (if constructed) are Common Elements (Section 6(j))

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