Capson Millsboro-305

Key facts from Capson Millsboro-305's documents

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

Community type

Covenant / Planned Community

Legal name

THE RETREAT AT MILLSTONE

Developer / declarant

CAPSON MILLSBORO - 305, LLC, a Delaware Limited Liability Company (Opening recital (page 7))

Governing law

Delaware Unit Property Act, 25 Del. C. Section 2201, et seq. (Article 1, definitions (1.39))

Assessments & dues

Lot: $1,400 per annum; Condominium: $1,700 per annum; payable quarterly (Article 7, Section 7.3)

Special assessments

Yes; if exceeds $1,000 per year per lot/unit, requires 51% member vote; collectible as Board determines (Article 7, Section 7.4)

Collections & liens

Assessment together with late charges, interest, and collection costs (including attorneys’ fees) is a continuing lien; Association may record Notice of Lien; may bring court action (Article 7, Section 7.7)

Reserves & fees

Creation of reasonable reserves is part of Annual Fees (Article 7, Section 7.2)

Pets

Yes, subject to restrictions (Article 9, Section 9.1.6)

Leasing & rentals

Yes, subject to Association review and approval of proposed Lease Agreement (Article 9, Section 9.1.18)

Parking & vehicles

Prohibited ('no street side parking') (Article 9, Section 9.1.5)

Architectural approval

Yes, for any construction, improvements, landscaping, or alterations (Article 9, Section 9.2.3)

Home business

Prohibited except as provided for Declarant (Article 9, Section 9.1.1)

Signs & flags

One name/address sign (max 2 ft high, 1 sq ft) and one pre-approved sale sign (max 18x18 inches); no rent signs; AC approval required for size, color, content, design, location (Article 9, Section 9.1.10)

Maintenance

Owner responsible for residence and property (including mowing up to street); Condominium unit owner responsible for unit and Limited Common Elements; Association responsible for Common Property, Association Property, and Condominium Common (Article 5, Sections 5.1 and 5.2)

Use restrictions

Yes except for Declarant's sales activity and construction for resale/lease (Article 9, Section 9.1.1)

Voting & meetings

One class of voting membership; one vote per Property; Declarant has additional votes equal to number of Properties owned less those conveyed (Article 3, Section 3.3)

Amendments

Declarant may amend without consent of Owners or Association to include additional lands, submit to Unit Property Act, change terms; Article 9 requires Declarant's written consent to amend; Certificate of Incorporation and By-Laws may be am (Article 2; Article 9, Section 9.2.2; Art)

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