Francesalle Condominium

Key facts from Francesalle Condominium's documents

Community type

Condominium

Legal name

Francesalle Condominium Association

Units / lots

70 Residential Units (maximum) (Section 2.04)

Developer / declarant

Quality Hill Historic Rehabilitation, L.P.

Governing law

Uniform Condominium Act of the State of Missouri (Sections 448.1-101 to 448.4-120) (Preamble)

Assessments & dues

Board adopts budgets and collects assessments; Common Expense Liability per Unit set in Exhibit B (Sections 5.04(h), 3.07(b))

Special assessments

Special Assessments defined; described in Section 7.05 (Section 1.39)

Collections & liens

Association may create lien for fines or costs, enforceable by foreclosure; also judicial sale for repeated violations (Sections 4.04(b), 4.04(c))

Reserves & fees

Board shall prepare component study and determine reserve amounts for major repairs (Section 5.04(e))

Leasing & rentals

Yes, subject to restrictions (Section 4.01(w))

Parking & vehicles

Heavy trucks, construction equipment, commercial vehicles prohibited unless temporary for construction/delivery or Board-approved (Section 4.01(t))

Architectural approval

Board approval required for alterations, improvements, modifications; detailed plans for significant work (Sections 4.01(e), 4.02)

Home business

Office area allowed if not violate zoning, comply with laws, and no use of Common Elements for business (Section 4.01(b))

Maintenance

Roof is Common Element, maintained by Association; Declarant may allocate roof portions to Limited Common Elements (Section 2.10(c), 1.38(i))

Insurance

Association obtains property insurance on Units and Common Elements, liability insurance, and D&O insurance (Section 5.05(a)-(c))

Use restrictions

Residential Units shall be used for residential purposes only (Section 4.01(b))

Voting & meetings

One membership per Unit; voting rights may be suspended for nonpayment or violations (Sections 3.08, 5.04(s))

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