Bulna Myrna

Key facts from Bulna Myrna's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 3: known as '111 SWEDE STREET CO)

Legal name

111 SWEDE STREET CONDOMINIUM

Governing law

Delaware Unit Property Act, Title 25, Sections 2201 et seq. (Preamble; Section 2(y))

Collections & liens

Not explicitly detailed, but references 25 Del. C. Section 2210 for action to recover sums (Section 7 (use of units) referencing 25 )

Reserves & fees

Permitted as part of common expenses: 'repair and replacement reserves as may be established' (Section 2(e)(2); Section 16)

Pets

Small, orderly domestic pets (dogs, cats, caged birds) allowed, not to exceed one per unit without Council approval (Section 7(l))

Leasing & rentals

Leasing of Units for residential purposes is permitted as part of residential use (Section 2(b) defines Building: 'used for)

Architectural approval

Prior written approval of the Council required to change exterior appearance of common elements adjacent to unit, or any part of the unit visible from outside (doors, windows), and limited common elements by painting different colors, addin (Section 7(f), (g), (i))

Home business

No industry, business, trade, occupation designed for profit, altruism, or exploration shall be conducted on any part of the property (Section 7(e))

Signs & flags

No 'For Sale' or 'For Rent' signs or other advertising without prior written consent of Council; but right reserved for unit owner or mortgagee to place such signs on units or suitable common element places (Section 7(e))

Use restrictions

No part shall be used other than for residential housing and related common purposes; each unit shall be used only for residential purposes (Section 7(a))

Voting & meetings

Based on percentage interest in common elements (50% each) (Section 10; Section 11 references Code o)

Amendments

Declaration may be amended by unanimous vote of all Unit Owners at a meeting duly held; proposed amendment must be approved in writing by mortgagees holding mortgages constituting first liens on more than 50% of units subject to mortgages; (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.