Village at Falcon Ridge Condo Prop Reg

Key facts from Village at Falcon Ridge Condo Prop Reg's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Property Regime (Title; Preamble)

Legal name

Village at Falcon Ridge Condominium Property Regime

Units / lots

160 (Section 2.1: "The Condominium Project sh)

Developer / declarant

Triton Homes, L.C., an Iowa limited liability company doing business in Nebraska as Triton Homes, LLC (Opening paragraph)

Governing law

Nebraska Condominium Act, Neb. Rev. Stat. §76-825 et. seq. (First WHEREAS clause)

Collections & liens

Unpaid assessments constitute a lien on the Unit, superior to all other liens except taxes and sums unpaid on an Eligible Mortgage; suit for money judgment may be maintained without foreclosure and is not a waiver of lien (Section 10.9)

Reserves & fees

Board may levy assessments to create a reserve fund to defray cost of repair or reconstruction of Improvements in case of damage (Section 10.7(e))

Pets

Yes, dogs, cats, or other household pets allowed; no commercial breeding. (Section 8.2(a))

Parking & vehicles

Vehicles primarily for commercial purposes or with commercial writings on exterior may not be stored, allowed to remain, or parked on any portion of the Condominium except in an area designated by the Board. (Section 8.2(d): "No ... vehicles primari)

Architectural approval

Committee shall approve or disapprove each Application within 30 days from receipt; if no action, deemed disapproved. Work must commence within 12 months of approval and be completed within 2 years, subject to extensions for hardship. (Section 7.1(e), (f), (g))

Maintenance

Association responsible for maintenance, repair, replacement of all roofs and foundations. (Section 9.1(b): "The Association shall .)

Insurance

Not detailed, but Association is to acquire insurance; no Owner may do anything that increases insurance rate for Association. (Section 8.5: "An Owner shall not permit )

Use restrictions

Units restricted to single family residential use; incidental personal business records or calls are permitted. (Section 8.1)

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