Safe Harbor Condominium

Key facts from Safe Harbor Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1: submission to Unit Property A)

Legal name

Safe Harbor Condominium

Units / lots

19 units total: 12 Residential, 6 Commercial, 1 Hotel (Section 4 and Section 12(I)-12(III))

Developer / declarant

Anchor Investments, Inc., a Delaware corporation (Section 2(M) and preamble)

Governing law

Unit Property Act of the State of Delaware, 25 Del. C. § 2201 et seq. (Section 1)

Reserves & fees

Common Expenses include repair and replacement reserves as may be established by the Council (Section 2(H)(2) and (6))

Pets

Yes, but limited to 2 domestic pets per unit (cats, dogs, birds, fish). Leased residential units: no pets allowed except service animals. Hotel: no animals except service animals. Must be leashed on common elements; waste cleanup required; (Section 14(A)(5) and 14(C)(5))

Leasing & rentals

Yes for Residential and Hotel; Commercial units may be leased. (Section 14(A)(2) (allows renting), 14(C))

Parking & vehicles

Prohibited if advertising visible more than 12 hours; vehicles over 2 tons cannot park except for loading/unloading up to 2 hours; moving trucks up to 6 hours. (Section 14(D)(18)-(19))

Architectural approval

Council prior written approval required for: change in exterior appearance of unit elements or common elements adjacent to unit (including painting, addition of fixtures); alteration or construction on common elements; changing windows, por (Section 14(D)(5)-(9))

Home business

Residential units may not operate a home-based business visible from exterior or advertised on common elements; business limited to electronic means or mail (Section 14(A)(7)-(9))

Signs & flags

Residential: no for sale/rent signs on unit or common elements. Commercial: signage limited to ground floor, max 4 sq ft, limited window signage (1/8 window area), and approved sandwich boards. No exterior banners except US flag per Unit Pr (Section 14(A)(6), 14(B)(13)-(18))

Maintenance

Roofs are common elements (Section 13(H)). Access to roof through Hotel Unit is subject to notice requirements. (Section 12(III) (hotel unit easement for)

Insurance

Association maintains master insurance for entire structure. Unit elements may be treated as common elements for repair/replacement after casualty loss if insured under master policy. (Footnote on pages 12, 14, and Section 12)

Use restrictions

Residential units limited to residential purposes including renting; commercial units for commercial; hotel unit for hotel (Section 14(A)(1)-(2), 14(B), 14(C))

Voting & meetings

Based on percentage interest in common elements. Changes in percentage require unanimous consent of all unit owners and affected mortgagees. (Section 10(C), Section 23)

Amendments

Majority vote of unit owners (in person or proxy) plus approval in writing of mortgagees holding first mortgages on more than 50% of the units subject to mortgages. Unanimous consent required for changes in percentage interests. Recorded to (Section 23)

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