Loggerhead East Condominium

Key facts from Loggerhead East Condominium's documents

Reflects the 2005 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

LOGGERHEAD EAST CONDOMINIUM HOMEOWNERS ASSOCIATION, INC.

Developer / declarant

LOGGERHEAD PARTNERS, LLC

Governing law

Unit Property Act of the State of Delaware, 25 Del. C. Section 2201 et seq. (Section 1)

Assessments & dues

Common Expenses assessed by Council; each unit's share based on its Percentage Interest (Section 2(e) Common Expenses; Section 6()

Reserves & fees

Repair and replacement reserves may be established as part of Common Expenses (Section 2(e)(2): 'repair and replacement)

Parking & vehicles

Prohibited in parking areas (Section 9(l): 'mobile homes, trailers or)

Architectural approval

Prior written consent of Council required for: exterior changes, adding signs, awnings, antennas, mailboxes, garbage can model/placement (Sections 9(h), 9(i), 9(e), 9(k), 9(o))

Setbacks / home size

Two stories in height (Section 4)

Maintenance

Unit owner responsible for damage to common elements caused by owner, family, guests, or invitees (Section 9(p))

Insurance

Council required to purchase insurance policies; premiums are Common Expenses (Section 2(e)(5))

Use restrictions

Each Unit shall be used only for residential purposes (Section 9(a))

Voting & meetings

Each unit has a Percentage Interest in Common Elements (currently 25% each) which determines voting power (Section 2(o) Percentage Interest; Schedu)

Amendments

Majority of Unit Owners for non-material amendments; 67% for material amendments; plus written approval of mortgagees holding first liens on at least 51% of mortgaged units. (Section 18)

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