Peregrine Condominium

Key facts from Peregrine Condominium's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

THE PEREGRINE CONDOMINIUM

Developer / declarant

E.S. Adkins & Co., a corporation of the State of Delaware, principal place of business in Salisbury, Maryland, mailing address P.O. Box 1779, Salisbury, MD 21801 (Preamble, p. 5)

Governing law

Unit Property Act, 25 Del. C. § 2201 et seq. (Preamble, p. 5)

Assessments & dues

Common Expenses determined by Council; assessed to Unit Owners based on their percentage interest (Section 7.05, p. 19; Section 5.01)

Special assessments

Permitted for excess costs of repair, restoration (if insurance proceeds insufficient) as common expense; also for Common Expenses generally (Section 8.05, p. 22-23; Section 7.05)

Collections & liens

Enforcement by action at law in manner provided under 25 Del. C. Section 2234 and Code of Regulations (Section 7.06, p. 20)

Pets

Yes, limited to small orderly domestic pets (e.g., dogs, cats, caged birds); not to exceed one per Unit without Council approval (Section 6.01(l), p. 16-17)

Leasing & rentals

Yes, a Unit may be leased (Section 6.01(k), p. 16)

Parking & vehicles

Excluded from parking areas (trucks, commercial vehicles) (Section 6.01(g), p. 16)

Architectural approval

Yes, written approval of Council required for any structural alteration, improvement, addition, or changes to exterior or Common Elements (Section 6.03, p. 17-18)

Home business

Prohibited for Unit Owners; Declarant may use for activities incident to development and sale (Section 6.01(a), p. 15)

Maintenance

Roof is Common Element (Section 3.05(I)), thus maintained by Association through Common Expenses (Section 3.05(I), p. 11)

Insurance

Council procures and maintains insurance on Building against fire and other casualties in amount equal to full insurable replacement value, and comprehensive general liability insurance with minimum limits of $1,000,000 per occurrence and $ (Section 8.01(a)-(d), (e), p. 20-22)

Use restrictions

Yes; Units intended only for residential purposes; no commercial use except Declarant for construction, development, sale, and operation (Section 6.01(a), p. 15)

Voting & meetings

Based on percentage of undivided interest in Common Elements (each Unit 33-1/3%) (Section 5.01, p. 14; Section 10.01 (66-2)

Amendments

Amendment by instrument in writing signed and acknowledged by record owners holding 66-2/3% of total undivided interest in Common Elements; effective upon recording; alteration of percentage requires execution by all Unit Owners and Mortgag (Section 10.01, p. 25)

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