Fenwick Sands

Key facts from Fenwick Sands's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (create a plan of condominium ownership i)

Legal name

Fenwick Sands

Developer / declarant

Fenwick Place, Ltd. (Fenwick Place, Ltd.... herein referred t)

Governing law

Unit Property Act of the State of Delaware, 25 Del. C. §§ 2201-2240, as amended (Unit Property Act of the State of Delawa)

Assessments & dues

Common expenses are lawfully assessed against unit owners by the Council (All sums lawfully assessed against the u)

Reserves & fees

Common expenses include repair and replacement reserves as may be established by the Council (Expenses of administration, maintenance,)

Leasing & rentals

Units may be leased or rented for residential purposes (provided however, that the units may be )

Parking & vehicles

Parking spaces and parking areas are common elements; Council assigns designated parking spaces for exclusive use of each unit (Parking spaces and parking areas shall b)

Architectural approval

Prior written approval of Council required to change exterior appearance of common elements adjacent to a unit or exposed unit elements such as exterior decks, balconies, doors, shower, etc. (A unit owner shall not change the exteri)

Signs & flags

"For Sale" and "For Rent" signs allowed on units or at suitable places in common elements; other signs require prior written consent of the Council (The right is reserved by the unit owners)

Maintenance

The roof is a common element (The roof, exterior wall surfaces, struct)

Insurance

Common expenses include premiums for insurance policies required to be purchased by the Council pursuant to the Code of Regulations (Premiums for insurance policies required)

Use restrictions

Each unit shall be used solely for residential purposes; units may be leased or rented for residential purposes (Each unit shall be used solely for resid)

Voting & meetings

Voting rights based on percentage interest in common elements; Majority means owners of more than 50 percent of the aggregate percentage interest ("Majority" or "Majority of Unit Owners" )

Amendments

Declaration may be amended by unanimous vote of unit owners cast in person or by proxy at meeting duly held under Code of Regulations; requires prior written approval by mortgagees holding first liens on more than 50% of mortgaged units; ef (This Declaration... may be amended by th)

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