Capitol Point Condominium

Key facts from Capitol Point Condominium's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (mixed-use residential, commercial, parking) (Article II, Section 2.5)

Units / lots

156 units total: 63 Residential, 2 Commercial, 91 Parking (Article II, Section 2.5)

Developer / declarant

Original Declarant (not named in this restatement; original Declaration recorded April 3, 2002) (Article I, recitals)

Governing law

Chapter 703 of the Wisconsin Statutes (Condominium Ownership Act) (Article I, recitals and Article II, Sect)

Reserves & fees

Association may establish a reserve fund for capital improvements, repairs, or extraordinary expenses. (Article XIV, Section 14.4)

Pets

Animals permitted, but strictly subject to rules and regulations adopted by the Board in its sole discretion. (Article XIX, Section 19.3)

Leasing & rentals

Residential Unit Owners may lease all or a portion of their Unit under certain conditions. (Article XIX, Section 19.6)

Architectural approval

Prior written permission of the Board required for changes to dimensions or exterior appearance of Unit or Common Elements (including Limited Common Elements). (Article X, Section 10.1A)

Insurance

Association shall obtain broad form insurance covering all Common Elements, Units and Unit upgrades, service machinery, and Association personal property at full replacement value, with code upgrades, no depreciation. (Article XI, Section 11.1)

Use restrictions

Units (except Commercial Units) shall be used for residential occupancy, vehicular driving/parking, and pedestrian use only. (Article VI)

Voting & meetings

Each Residential Unit and Commercial Unit Owner is entitled to one vote. Parking Units have no separate vote. Fractional votes permitted for unit separation. (Article VIII, Section 8.3 and Article X,)

Amendments

Requires written consent of at least 66.67% of Unit Owners; no amendment may substantially impair security of any mortgagee; amendment must be recorded with Dane County Register of Deeds. (Article XV)

Amenities

Rooftop Garden Area and Mechanical Area (common elements) located on Parkside Building Parcel. (Article IV, Section 4.2H)

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