Waters Edge (condominium Association)

Key facts from Waters Edge (condominium Association)'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium association (Page 1: 'Waters Edge ... Homeowners Asso)

Units / lots

204 (Section 4: 'for all 204 Owners' and '34 )

Assessments & dues

Based on each unit's 'percentage of common area ownership' as specified in Bylaws (Section 3: 'fees are prorated according )

Special assessments

Allowed for emergency or non-routine needs; determined by Board; billed annually, quarterly, or monthly (Section 3B: 'Special Assessment Fees-- f)

Collections & liens

After 90 days overdue, notice of lien filing; after 120 days, referral to Board for filing a lien or other legal remedies. Fee for filing and removing lien. (Section 3E3: 'if the account remains ove)

Reserves & fees

Reserve funds are anticipated to provide for future repairs and replacements (Section 3: 'and the reserve funds antici)

Pets

Yes, but subject to rules (section incomplete in provided text, but stated as 'PETS' section exists) (Section 18 header: 'PETS : The "condo co)

Leasing & rentals

Yes, rental unit policy exists (Section 25) and rental unit insurance requirements specified. (Section 4D: 'Rental Unit Coverages: For )

Parking & vehicles

Not explicitly prohibited, but parking areas are monitored by security and permits required. (Section 5: 'Security is also responsible)

Architectural approval

Yes, prior written approval of Association Manager required for structural modifications, window/door replacements, deck alterations, etc. (Section 8A: 'no type of structural modif)

Signs & flags

Flags, banners, chimes, and other decorations may be placed around deck areas only after Owners ensure they do not adversely affect other units. (Section 10A: 'Flags, banners, chimes, an)

Maintenance

Owners responsible for everything 'from the studs in' (windows, doors, HVAC, plumbing, etc.). Association responsible for main building electrical service up to breaker box, water lines, sewer lines, common elements, limited common elements (Section 1: 'Owners purchase their indivi)

Insurance

Association policy has a deductible; owner's HO-6 should cover owner's share of deductible. (Section 4C3: 'Ensure that his/her HO-6 o)

Amendments

Rules and Regulations subject to immediate revision by the Association Board to protect safety, well-being, and investments. Current copy available from office or website. (Page 2: 'These Rules and Regulations are)

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