Giant Steps

Key facts from Giant Steps's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Declaration of Condominium)

Legal name

Giant Steps Owners Association

Governing law

Utah Condominium Ownership Act (Title 57, Chapter 8) and Utah Community Association Act (Title 57, Chapter 8a) (Section 1.09 (as amended))

Special assessments

Allowed upon affirmative vote of at least 51% of Total Votes of the Association (Section 10.03 (as amended))

Collections & liens

All sums assessed secured by lien on the Condominium in favor of Association. Lien may be enforced by power of sale or judicial foreclosure. Association may record notice of lien after delinquency. Costs and attorney's fees included. Owner (Section 10.04 (as amended) and Section 1)

Reserves & fees

One-time late fee of $50.00 per month imposed for each installment not paid within 60 days after due date (Section 10.10 (added))

Insurance

Each Owner shall obtain insurance on their Unit from drywall in, covering personal property, personal liability, and other risks. Policy must waive subrogation against Association, Declarant, others. Owner shall provide certificate of insur (Section 11.05 (as amended))

Use restrictions

Units shall be used only for residential dwelling purposes subject to governmental regulations (Section 7.14 (added))

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