Birch Condominium

Key facts from Birch Condominium's documents

Community type

Condominium (Birch Condominium)

Legal name

Birch Condominium

Governing law

Horizontal Property Regimes Act, RCW Chapter 64.32 (declared by the Horizontal Property Regi)

Special assessments

Permitted; sums specially assessed to any apartment under authority of Declaration constitute a lien (Section 12.02: any sums specially assess)

Collections & liens

Unpaid assessments constitute a lien on the apartment; subordinate to taxes and prior recorded mortgages; first mortgagee or foreclosure sale purchaser takes free of pre-possession assessments; association may maintain personal action again (Section 12.02: All unpaid assessments...)

Reserves & fees

Annual budget shall include amount for a capital reserve fund for permanent capital repairs and improvements (Section 11.01(h): the annual budget shal)

Leasing & rentals

Yes (Section 17.02: Apartment owners may leas)

Use restrictions

Building and property solely for residential occupancy; each apartment restricted to non-commercial occupancy (The building and the property are solely)

Voting & meetings

Owner may pledge or assign voting rights to a mortgagee; mortgagee entitled to exercise voting rights upon written notice to Managing Agent (Section 18.02: An owner may pledge or as)

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