St. Clare Condominium Association

Key facts from St. Clare Condominium Association's documents

Community type

Condominium

Legal name

St. Clare Condominium Association

Governing law

Neb. Rev. Stat. §§ 76-825 through 76-894 (the 'Act') (Article I)

Collections & liens

If assessment remains delinquent for 5 days, Board may declare all assessments due and payable, and foreclose under the Act. Board must notify mortgage holder if delinquent 10 days. (Article VIII, Section 8.6)

Reserves & fees

Reserve Fund for Replacements (for structural and common element replacements) and General Operating Reserve Fund (for financial stability). Funded by regular installments. (Article VIII, Section 8.3)

Pets

Yes, for owners. Maximum 2 cats per apartment. Maximum 2 dogs, each not exceeding 25 pounds. Renters may not have pets. (Sections 12.2, 12.3.1, 12.3.2)

Leasing & rentals

Yes, but limited to 50% of overall units or 3 properties, whichever is less. Minimum lease term of 6 months. Owner must submit request to board and receive approval. Must provide renter info. Renters may not have pets. Owner responsible for (Article XII, Section 12.2)

Voting & meetings

One vote per unit, regardless of percentage of ownership. No cumulative voting. (Article III, Sections 3.7 and 3.13)

Amendments

By not less than 51% of Units, meeting Nebraska Nonprofit Corporations Act, recorded in same manner as Declaration. (Article XI)

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