Kandlewood Park Condominium Owners Association

Key facts from Kandlewood Park Condominium Owners Association's documents

Community type

Condominium

Legal name

Kandlewood Park Condominium Owners Association

Governing law

Alaska Non-Profit Corporation Act (Article V - Indemnification (full extent)

Collections & liens

Foreclosure proceedings under AS 34.35.005 may be used. (Administrative Resolution #1, paragraph )

Reserves & fees

$25.00 per month if not paid by 20th. (Administrative Resolution #1, paragraph )

Home business

Common areas may not be used for commercial purposes without prior Board approval. (House Rules Section II.A)

Use restrictions

No excessive noise, noxious activities, etc. Includes musical instruments, radios, stereos, TVs, amplifiers, storage/use of toxic materials. Prohibited 10pm-8am for noise machinery. (House Rules Section II.F and II.G)

Voting & meetings

Number of votes per membership set forth in Declaration. Voting by proxy allowed. Co-owners must act unanimously unless one co-owner present then he is agent. (Article II Section 6)

Amendments

Bylaws may be amended by majority vote of whole Board of Directors at a meeting with notice specifying proposed amendment. No amendment contrary to Declaration. (Article VII)

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