Showfield

Key facts from Showfield's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (planned community) with potential condominiums (Section 1.9, 2.1)

Developer / declarant

Showfield Lewes, LP, a Delaware limited partnership (First paragraph of Declaration)

Governing law

Delaware Uniform Common Interest Ownership Act (DUCIOA), 25 Del. C. § 81-101 et seq. (Section 1.16)

Special assessments

Allowed for capital improvements, emergency, or budget deficit; requires member ratification except for emergency (Section 5.5)

Collections & liens

Assessments constitute a lien on the Unit; Association may foreclose (Sections 5.1, 5.9)

Reserves & fees

Board annually prepares reserve fund budget; separate interest-bearing account (Section 5.11)

Voting & meetings

One vote per Unit; Owners of multiple ownership may cast one vote collectively (Section 4.2)

Amendments

Supplementary Declaration required for annexation/deannexation; amendment of Declaration generally requires consent of two-thirds of Owners and Declarant while it holds property (Sections 2.2, 2.3, 2.6, 12.8)

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