Potowmack Crossing II Condominium

Key facts from Potowmack Crossing II Condominium's documents

Governing law

Virginia Condominium Act (Title 55, Chapter 4.2, Code of Virginia, as amended) (Bylaws Art I Sec 1, Sec 4)

Special assessments

Board may levy special assessments for extraordinary expenditures; if exceeding 15% of annual budget, requires majority of unit owners approval. (Bylaws Art VI Sec 2(d))

Reserves & fees

Board shall establish a replacement and repair reserve with monthly contributions; amounts are a common expense. 2011 budget shows $21,008 contribution. (Bylaws Art VI Sec 2(c); 2011 Budget spre)

Pets

Yes, but limited to orderly domestic pets (dogs, cats, caged birds) not exceeding one per unit without Board approval; also aquarium fish and similar non-noisy animals that do not normally leave the unit. No breeding. (Rules and Regulations Sec 19)

Use restrictions

Each unit shall be used as a private residence; no part of the Condominium for any purpose except housing and common purposes. Non-residential use only if designated by Board. (Rules and Regulations Sec 5, Sec 16)

Voting & meetings

Each unit has a vote proportionate to its Common Element Interest. Majority of more than 50% of Common Element Interests present and voting at a quorate meeting required for decisions. (Bylaws Art II Sec 9)

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