Ocean View Beach Club Condominium Commumity

Key facts from Ocean View Beach Club Condominium Commumity's documents

Community type

Condominium (Title and Recital C)

Legal name

The Ocean View Beach Club Condominium Association Inc. (Recital D)

Units / lots

Up to 150 residential condominium units and 1 commercial unit (Total Units = 151) (Recital B)

Developer / declarant

Windansea, LLC, a Delaware limited liability company (Recital A)

Governing law

Delaware Uniform Common Interest Ownership Act (DUCIOA) (Recital C)

Special assessments

Special Assessments are allowed (see Article IV, Section 4.07). (Section 4.07)

Reserves & fees

The Association must maintain a Repair and Replacement Reserve Account based on a current Reserve Study and Fully Funded per DUCIOA (Section 4.03(a))

Use restrictions

Article XI contains use restrictions (Section 11.01) and lease restrictions (Section 11.02). Specifics not extracted from provided text. (Article XI)

Voting & meetings

One vote per Unit (each Unit Owner is entitled to one vote with respect to each Unit owned) (Section 2.08(b))

Amendments

Amendment provisions in Section 14.06 (not extracted in detail). (Section 14.06)

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