Waterford Court Condominium

Key facts from Waterford Court Condominium's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Waterford Court Condominium)

Legal name

Waterford Court Condominium

Units / lots

5 (Phase I) (Phase I consists of a building with a to)

Developer / declarant

Sharon Development, Inc.

Governing law

Unit Property Act of the State of Delaware, 25 Del. C. §2201 et seq. (the Unit Property Act of the State of De)

Special assessments

Council may levy special assessment for pet violations and per diem charges for other violations (Paragraph 14(m): shall be subject to a s)

Reserves & fees

Common expenses include repair and replacement reserves (Paragraph 2(h)(ii): Expenses of administ)

Pets

Unit owners may have pets; lessees are prohibited from bringing pets (Paragraph 14(m): Unit owners who have pe)

Signs & flags

For Sale or For Rent signs only with Council consent, except developer or mortgagee may place signs on unsold/unoccupied units (Paragraph 14(e))

Use restrictions

Each unit designed for residential purposes including rental use (Paragraph 14(a): Each unit is designed f)

Voting & meetings

Class A members vote in proportion to percentage interests in common elements. Developer votes for units owned. (Paragraph 17(b)(1): Class A members shal)

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