3rd Space Garages Condominium Association, Inc.

Key facts from 3rd Space Garages Condominium Association, Inc.'s documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Preamble)

Legal name

3rd SPACE GARAGES CONDOMINIUM ASSOCIATION, INC. (Rules Preamble; Bylaws Article 1.1)

Units / lots

Up to 129 units in Building A (Units 101-129) and up to 30 units in Building B (Units 200-230) plus Clubhouse and Utility common elements; total units not explicitly stated, at least 59 units shown. (Plat sheets 3 and 4)

Developer / declarant

3rd Space Garages LLC (Rules Preamble; Bylaws Preamble)

Governing law

Condominium Ownership Act, Chapter 703 of the Wisconsin Statutes (Preamble)

Assessments & dues

Board of Directors levies General Assessments based on adopted annual operating budget, in proportion to percentage ownership interest. (Bylaws Article 9.3)

Special assessments

May be levied by Board of Directors for purposes in Declaration. (Bylaws Article 9.4)

Collections & liens

Association may file statements of condominium lien, enforce/foreclose liens, or bring action for money damages. Delinquent owner liable for costs and attorneys' fees. (Bylaws Article 9.5)

Reserves & fees

Board may maintain reserve funds for operation, maintenance, repair, replacement of Common Elements, contingencies, deficits. (Bylaws Article 6.1.18; Article 9.2)

Leasing & rentals

A Unit may be rented out in whole or in part in compliance with the Declaration. (Rules 2.1)

Parking & vehicles

Parking of service vehicles owned/operated by Unit Owners prohibited unless kept in garages provided. (Rules 5.3)

Architectural approval

Significant Unit alterations (e.g., bathrooms, mezzanines) require review with City of Verona permitting; replacement doors must be approved by Association for style and color. (Rules 1.7; Rules 1.4)

Home business

Commercial enterprises inviting employees or customers to Unit are prohibited. (Rules 1.1)

Maintenance

Not explicitly stated; building exteriors are Association responsibility. (Rules 3.4)

Insurance

Board may insure Condominium property against fire and casualty, and public liability insurance. (Bylaws Article 6.1.13)

Voting & meetings

One vote per Unit. Land contract vendees are members; mortgagees not members. Each Unit designates one natural person as representative. (Bylaws Article 2.1)

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