Arcola Condominium

Key facts from Arcola Condominium's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Arcola Condominium

Units / lots

1 parcel (Tax Parcel ID 33-114) plus Paper Street area (Article 2 of Declaration)

Developer / declarant

Golden Oaks Development, LLC, a New Hampshire limited liability company, mailing address 35 Jenkins Road, Lee, New Hampshire 03861 (Article 1 of Declaration)

Governing law

New Hampshire Revised Statutes Annotated Chapter 356-B (Condominium Act) (Article 1 of Declaration; Article I of B)

Assessments & dues

Membership adopts a budget each year containing estimate of total costs. Assessments are made as of January 1, due in equal quarterly or monthly installments. (Article VII Sections 2 and 3 of Bylaws)

Special assessments

May be imposed during course of any calendar year by vote of members. Due and payable with 30 days' notice; additional amounts may be held as reserves. (Article VII Section 6 of Bylaws)

Collections & liens

Association may file Notice of Lien at Registry of Deeds after 30 days from due date and no later than 6 months from due date, pursuant to RSA 356-B:46. Filing expense chargeable to unit owner. (Article VII Section 5 of Bylaws)

Reserves & fees

Special assessments may include additional amounts voted to be held as reserves. (Article VII Section 6 of Bylaws)

Leasing & rentals

Yes, owners may lease units subject to provisions of Declaration and Bylaws. (Article 10.A of Declaration; Article X S)

Parking & vehicles

Paper Street is part of common area but subject to possible future city development. No specific rule. (Article 2 of Declaration)

Fences

Not specifically mentioned; general rule that no owner shall change external appearance without Board consent. (Article VII Section 9.E of Bylaws)

Architectural approval

Board approval required for structural additions, alterations, improvements to unit, and for painting/decorating or changing external appearance. (Article VII Section 9.E of Bylaws)

Home business

Minor home occupations allowed under Dover zoning for single family/duplex residences if in conjunction with occupancy by owner or tenant. (Article 10.A of Declaration)

Signs & flags

Not specifically mentioned, but external appearance changes require Board consent, likely covering signs. (Article VII Section 9.E of Bylaws (no ow)

Setbacks / home size

Variance granted for four-foot rear setback (required thirty feet). Not separately regulated in Declaration. (Article 5 of Declaration (variance grant)

Maintenance

Common Area (roof is part of Common Area; Association responsible). (Article 8 'Description of Common Area' o)

Insurance

Fire insurance with extended coverage, vandalism and malicious mischief, insuring building and condominium including interior walls, finishes, cabinets, fixtures, etc. (except improvements exceeding $1,000 not reported to insurer). Public l (Article VIII Section 1 of Bylaws)

Use restrictions

Each unit shall be occupied and used exclusively for residential purposes by owner or tenants. Minor home occupations allowed under Dover zoning. (Article 10.A of Declaration)

Voting & meetings

Each unit entitled to one vote. Total of 2 votes. Unanimous affirmative votes of both units required to adopt decisions at meetings. If co-owners evenly divided, presumed abstention. (Article IV Section 2 of Bylaws)

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