Hillmans C D Navy Yard Addn

Key facts from Hillmans C D Navy Yard Addn's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Vintage at Bremerton 2

Governing law

Washington Condominium Act (Article 1, Section 1.1; Article 2, Secti)

Assessments & dues

Annual budget prepared by Board, ratified by Owners (unless rejected by Owners to which at least 51% of Voting Interest is allocated) (Section 16.2, 16.3)

Special assessments

Yes, permitted under Section 16.7 (Section 16.7)

Collections & liens

Association has lien for unpaid Assessments; may foreclose judicially or non-judicially (per RCW 61.24) (Article 17, Section 17.2, 17.3)

Reserves & fees

Required; Board shall create and maintain reserves for future major maintenance, repair, replacement (Section 16.8)

Maintenance

Owner maintains Unit interior and fixtures; Association maintains Common Elements (including Limited Common Elements unless Board transfers responsibility to Owner) (Section 11.1, 11.2)

Insurance

Not to exceed $25,000, except for earthquake, flood, or terrorism coverage which may conform to industry standards (Section 20.2)

Use restrictions

Units shall be used for residential purposes and any accessory uses incidental thereto (Section 10.1)

Voting & meetings

Voting Interest allocated per Article 6; each Unit has a Voting Interest as set forth in Schedule B (Article 6, Section 6.1; Section 13.5)

Amendments

Declaration/Survey Map/Artieles require 67% of Voting Interest; Bylaws require 51%; changes increasing units, changing boundaries, allocated interests, or use restrictions require 90% of non-Declarant Owners plus Owner of each affected Unit (Section 24.2)

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