Holiday Park

Key facts from Holiday Park's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Sandbar Village At Nassau Bridge Condominium Association, Inc. (Section 2A)

Units / lots

176 (Section 4: one hundred seventy-six (176))

Developer / declarant

Holiday Park, L.L.C.

Governing law

25 Delaware Code, §2201-2242, the Unit Property Act of the State of Delaware (Section 1)

Pets

Yes, with restrictions (Section 9K)

Leasing & rentals

Yes, unit owner may rent on yearly, seasonal, or weekly basis; daily rentals strictly prohibited (Section 9E)

Parking & vehicles

No junk or derelict vehicle or vehicle without current registration plates on property (Section 9J)

Home business

No industry, business, trade, occupation designed for profit, altruism, exploration, or otherwise on any part of property; no 'For Sale' or 'For Rent' signs without Council consent (except Developer and mortgagee exceptions) (Section 9E)

Signs & flags

No 'For Sale' or 'For Rent' signs or other window-displays or advertising without written Council consent; exceptions for Developer on unsold/unoccupied units or in Common Elements, and for mortgagee who becomes owner of unit (Section 9E)

Use restrictions

No part of property used for other than housing and related common purposes; each unit for residential purposes only, occupied by as many persons as do not burden unit/Common Elements, consistent with government regulations (Section 9A)

Voting & meetings

Voting rights determined by percentage interest in Common Elements per Schedule B; majority means more than 50% of aggregate undivided interest (Section 2L, Section 6A)

Amendments

May be amended by majority vote of unit owners in person or by proxy at meeting per Code of Regulations, effective when recorded; material amendments require at least 67% of total allocated votes and 51% of first mortgage holders; list of m (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.