Yorkshire Downs Condominium Owner's Association, Inc.

Key facts from Yorkshire Downs Condominium Owner's Association, Inc.'s documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Yorkshire Downs Condominium Owner's Association, Inc. (Articles of Incorporation, Section 1; By)

Governing law

Condominium Act of Virginia (Title 55, Chapter 4.2, §§ 55-79.73 through 55-79.85, as amended) (Articles of Incorporation, Section 2; By)

Special assessments

Board may levy special assessment if reserves inadequate; assessed equally among units; payable lump sum or installments by Board's determination. (Bylaws Article Seven, Section One(f))

Reserves & fees

Association shall accumulate and maintain reasonable reserves for working capital, operations, contingencies, and replacement of Common Elements. (Bylaws Article Seven, Section One(f))

Voting & meetings

One vote per unit. If unit owned by multiple persons, vote is cast as they determine among themselves, but only one vote per unit. Declarant may vote if it owns units. No vote or board eligibility if Association has perfected a lien against (Articles of Incorporation, Section 4; By)

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