Conquistador

Key facts from Conquistador's documents

Reflects the 1980 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Condominium Ownership Act of Wyoming; co)

Legal name

Conquistador Condominiums

Developer / declarant

Giovanini Investments, Ltd.

Governing law

Condominium Ownership Act of Wyoming (the Condominium Ownership Act of Wyoming)

Assessments & dues

Board of directors empowered by by-laws to fix, determine, levy and collect monthly and special assessments (Paragraph 8(b): The by-laws of the Assoc)

Special assessments

Allowed; board may levy special assessments to meet common expenses and create contingency reserve (Paragraph 8(b): special assessments ... )

Collections & liens

Unpaid assessments constitute a lien on the unit, prior except taxes and first mortgage; foreclosable like mortgage; includes costs and attorney's fees (Paragraph 8(c): All sums assessed but un)

Reserves & fees

Association shall establish an adequate reserve fund for periodic replacement of general common elements, funded through monthly assessments, not special assessments (Paragraph 8(b): The Association shall es)

Leasing & rentals

Yes, owners may rent or lease units to others for dwelling or lodging purposes (Paragraph 2(f): Owners of the units may )

Architectural approval

Yes, for any building, fence, wall or other structure, and for exterior additions or changes (Paragraph 19: No building, fence, wall o)

Maintenance

Association (roofs are general common elements) (Paragraph 1(d)(ii): 'General common elem)

Insurance

Fire and extended coverage (including vandalism/malicious mischief) on all buildings (including apartment units and fixtures but not personal property) at maximum replacement value; general public liability and property damage insurance; ot (Paragraph 9(a): keep all buildings ... i)

Use restrictions

Condominium units shall be used and occupied solely for dwelling or lodging purposes; owners may rent or lease for these purposes (Paragraph 2(f): The condominium units sh)

Voting & meetings

Owners have voting privileges; may be suspended during delinquency (Paragraph 6(a): suspend a member's votin)

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