Airportestatesannexation

Key facts from Airportestatesannexation's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium project under Wyoming Condominium Ownership Act (PAGE 1 - WHEREAS and PAGE 2 - condominiu)

Governing law

Wyoming Condominium Ownership Act, Sections 34-20-101 to 104 (Wyo. Stats. 1977) (PAGE 1 - WHEREAS and PAGE 4 - definition)

Assessments & dues

Not fixed; estimated net charges each year (including contingencies and replacements) assessed per Exhibit A percentages (PAGE 7 - Paragraph 9(a))

Special assessments

Yes, for deficiency in estimated cash requirement (Paragraph 9(a)); for particular Units (Paragraph 6(h)); for owner’s failure to maintain (Paragraph 6(i)) (PAGE 7, 8 - Paragraph 9(a), 6(h), 6(i))

Collections & liens

Assessment becomes lien upon recordation of notice; priority except tax liens and prior recorded encumbrances. Enforceable by sale; receiver may be appointed. Attorney's fees included. (PAGE 8-9 - Paragraph 10)

Reserves & fees

Implicit: estimated cash requirement includes a reasonable provision for contingencies and replacements (Paragraph 9(a)); no separate reserve fund requirement (PAGE 7 - Paragraph 9(a))

Pets

Dogs, cats or other household pets may be kept in Units, subject to rules (PAGE 11 - Paragraph 16(e))

Parking & vehicles

No parking to impede access to another owner's garage or parking space; obey posted parking regulations (Community Rule 13) (PAGE 18 - Community Rule 13)

Architectural approval

Written consent of Management Committee required for structural alterations, improvements, additions in/to Unit or exterior; painting/decorating exterior; any alteration in Common Area; also for awnings, window guards, etc. (Community Rule (PAGE 11-12 - Paragraph 15, 16(g); PAGE 1)

Signs & flags

No sign of any kind displayed to public view without prior consent of Management Committee (PAGE 11 - Paragraph 16(d) and Community )

Maintenance

Owner: interior of Unit (walls, ceilings, floors, equipment and appurtenances, plumbing fixtures, water heaters, furnaces, etc.) and assigned balconies, patios, garages. Management Committee: Common Area (roofs, foundations, pipes, etc.) an (PAGE 10-11 - Paragraph 14; PAGE 6-7 - Pa)

Insurance

Fire insurance with extended coverage for full insurable replacement value of Units and Common Area; comprehensive liability insurance ($300,000 per person/accident, $100,000 property damage); workers' compensation; also must be with compan (PAGE 6-7 - Paragraph 6(b)(c)(d); PAGE 12)

Use restrictions

No use other than private residence for Owner, family, lessees, or guests (PAGE 11 - Paragraph 16(a))

Voting & meetings

Two classes: Class A (all Owners except Declarants) and Class B (Declarants, 4 votes per unit owned). Each Owner votes per Exhibit A percentages. Multiple owners of a unit collectively entitled to max one total vote. Default mortgagee may v (PAGE 4 - Paragraph 2(a)-(c))

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