One West Hpr

Key facts from One West Hpr's documents

Community type

Condominium (Declaration header)

Units / lots

One West Condominium units: appears at least 14 (101-104, 201-204, 301-304) based on unit numbers listed in amendments. (Fourth Amendment unit list: 101,102,103,)

Governing law

Indiana Condominium Law (referenced implicitly; Indiana Code 32-17-8-1 et seq. for perpetuities) (Section 8.6 of Joint Declaration)

Assessments & dues

Joint Association establishes annual budget; budget serves as basis for Joint Assessments. Special assessments may be levied if insufficient. (Sections 4.3, 4.4 of Joint Declaration)

Special assessments

Permitted for unanticipated expenses or deficits; determined by Joint Association. (Section 4.4 of Joint Declaration)

Collections & liens

Joint Association may bring an action to enforce payment; costs and attorneys fees added. No explicit lien or foreclosure right stated. (Section 4.7 of Joint Declaration)

Reserves & fees

Budget may include a reasonable allowance for contingencies and reserves. (Section 4.3 of Joint Declaration)

Signs & flags

Exterior signage on Joint Common Areas subject to approval of One West (during development). (Section 5.6 of Joint Declaration)

Maintenance

Not explicitly addressed; likely part of building maintenance by respective associations.

Insurance

Joint Association shall maintain fire and extended coverage insurance on Joint Common Areas, public liability insurance. May maintain officers and directors insurance. (Section 3.4 of Joint Declaration)

Use restrictions

Implicit; Units are condominium residential units. Joint Common Areas are for residents and guests. (Sections 2.2 and 6 of Joint Declaration)

Voting & meetings

One West (Class A) has one vote; Two West Declarant (Class B) has one vote (but elects three directors). For amendment of Joint Declaration, at least 75% of all Owners and at least 51% of One West Owners required. (Sections 3.2 and 8.2 of Joint Declaratio)

Amendments

Joint Declaration may be amended unilaterally by Joint Association for compliance, title insurance, lender requirements, typo corrections, etc. Otherwise requires affirmative vote or written consent of at least 75% of all Owners and at leas (Section 8.2 of Joint Declaration)

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