Sea Mist Condominium

Key facts from Sea Mist Condominium's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 3: "This Condominium shall be kn)

Legal name

Sea Mist Condominium

Units / lots

1 parcel of 7,500 square feet (Schedule A: "containing 7,500 square fee)

Governing law

Delaware Unit Property Act, 25 Del. C., Sections 2201-2240, as amended (Section 1: "Unit Property Act of the Sta)

Assessments & dues

Common Expenses are lawfully assessed against Unit Owners by the Council and allocated according to Percentage Interest (Section 2(e)(1): "All sums lawfully asse)

Special assessments

Expenses declared Common Expenses by the Unit Property Act, Declaration, or Code of Regulations may be assessed (Section 2(e)(4): "Expenses declared Comm)

Reserves & fees

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

Leasing & rentals

Leasing of units for residential purposes is permitted as part of lawful residential use (Section 2(b): "residential purposes (inc)

Parking & vehicles

Parking area is a general Common Element; two (2) parking spaces per Unit in the general parking area shall be assigned to each Unit (Section 6(h): "The parking area shall be)

Architectural approval

Unit Owner may not change exterior appearance of Common Elements adjacent to Unit (painting, fixtures, etc.) without prior written Council approval (Section 7(f): "A Unit Owner shall not ch)

Home business

No industry, business, trade, occupation, or otherwise designed for profit, altruism, exploration, or otherwise, except residential use, without Council written consent (Section 7(e): "no industry, business, tr)

Signs & flags

No 'For Sale' or 'For Rent' signs or other window displays or advertising without written consent of Council (Section 7(e): "nor shall any 'For Sale' )

Setbacks / home size

Building consists of three stories (Section 4: "The building consists of thr)

Maintenance

Unit Owner responsible for maintaining/repairing portions of Property within compliance obligations; Council/Association responsible for Common Elements through Common Expenses (Section 7(c): "All laws, zoning ordinanc)

Insurance

Premiums for insurance policies required to be purchased by the Council are Common Expenses (Section 2(e)(5): "Premiums for insurance)

Use restrictions

Each Unit shall be used only for residential purposes; no part of the Property shall be used for other than housing and related common purposes (Section 7(a): "No part of the Property s)

Voting & meetings

Based on Percentage Interest in Common Elements as set forth in Schedule B (Unit 1: 33.334%; Unit 2: 33.333%; Unit 3: 33.333%) (Section 2(l): "Percentage Interest of ea)

Amendments

Declaration may be amended by majority vote of Unit Owners cast in person or by proxy at duly held meeting, subject to approval by mortgagees holding first liens on more than 50% of mortgaged Units, and must be recorded (Section 16: "may be amended by the vote )

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