Blue Surf Condominium

Key facts from Blue Surf Condominium's documents

Community type

Condominium

Legal name

Blue Surf Condominium

Units / lots

Initially 10 Retail Units (Stage 1); upon full expansion: 10 Retail, 3 Restaurant (Stage 2), and 15 Residential (Stage 3, including Apartment Unit and Storage Unit) = 28 total (Sections 4, 12, and definitions CC, DD, )

Developer / declarant

Blue Surf Condominium, L.L.C.

Governing law

Delaware Unit Property Act, 25 Del. C. § 2201 et seq.; also exempt from DUCIOA as an approved common interest community (Section 1 and Section 3)

Assessments & dues

Council adopts budgets and assesses common expenses; class-specific common expenses allocated proportionally by square footage of units in that class (Residential, Retail, Restaurant) (Section 14.II.H, 14.III.D, 14.IV.F)

Reserves & fees

Repair and replacement reserves may be established by Council (Section 2.I(2))

Pets

Yes, only for owners or lessees of 12 months or more; maximum 2 domestic pets per unit (cats, dogs, birds, fish) (Section 15.A(5))

Leasing & rentals

Residential Units may be rented (Section 15.A(2))

Parking & vehicles

Parking of mobile homes, trailers, boats or boat trailers prohibited (Section 15.D(16))

Home business

Not allowed if it advertises from exterior or receives deliveries for resale; limited to electronic means or mail (Section 15.A(7),(8),(9))

Signs & flags

For Sale/For Rent signs prohibited except by Developer; Retail/Restaurant signage limited to 1/3 window space, subject to Council approval; sandwich board signs allowed with approval (Section 15.A(6), 15.B(1)-(5))

Use restrictions

Residential Units used exclusively for residential purposes including renting (Section 15.A(2))

Voting & meetings

Percentage interest in common elements determines voting; Majority of Owners = more than 50% of aggregate percentage interests (Section 2.Q and Section 10.A)

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