Sandy Meadow Condominium

Key facts from Sandy Meadow Condominium's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.1)

Legal name

Sandy Meadow Condominium

Developer / declarant

Sandy Meadow, LLC

Governing law

Rhode Island Condominium Act, R.I.G.L. 34-36.1-1.01 et seq. (Section 1.1)

Assessments & dues

Initially determined by budget; monthly payments equal to Common Expense Liability (based on 1/18 of total budget) (Section 8.1)

Special assessments

Yes, Executive Board may levy additional assessments if budget insufficient (Section 8.4)

Collections & liens

Unpaid assessments constitute a lien on the Unit; Association may enforce per R.I.G.L. 34-36.1-3.16 (Section 8.6)

Reserves & fees

Working Capital Fund to meet unforeseen expenditures; no specific reserve study requirement mentioned (Section 8.2)

Pets

Yes, for unit owners; lessees and their invitees/guests prohibited from having pets (Exhibit C (Rules and Regulations))

Leasing & rentals

Yes, subject to lessee being bound by documents; no right of first refusal reserved (Section 5.3)

Parking & vehicles

Parking/storage of boats, boat trailers, campers or trailers prohibited without prior written consent of Association, unless not visible from Common Elements (Section 5.1(w))

Maintenance

Not explicitly stated; boundaries define interior surfaces as Unit, remainder as Common Elements; roof likely Common Element (based on Section 2.3 – all portions other than finished surfaces are Common Elements) (Section 2.3)

Insurance

May be up to $25,000 (Section 7.1(a))

Amendments

Per Act (R.I.G.L. 34-36.1-2.17); requires approval of record holders of first mortgages for certain changes (termination, partition, change in percentage interests) per Section 9.2; corrective amendments may be made by Executive Board witho (Article IX)

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