Four Seasons (WY)

Key facts from Four Seasons (WY)'s documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Four Seasons Condominiums

Developer / declarant

Four Seasons Associates, a Joint Venture consisting of Mountain States Service Corporation and Consolidated Construction, Inc.

Governing law

Condominium Ownership Act of the State of Wyoming (Page 1, WHEREAS)

Assessments & dues

$420 per unit per year ($35 per month) until January 1 following first unit conveyance (Art. XII, Sec. 12.3)

Special assessments

May be levied for capital improvements with three-fourths vote of each class (Art. XII, Sec. 12.4)

Collections & liens

Assessments are a lien on the property; Association may foreclose. Lien subordinate to first mortgage. Sale or transfer does not affect lien; foreclosure sale extinguishes prior due assessments. (Art. XII, Secs. 12.1, 12.9, 12.10)

Reserves & fees

Mentioned as 'appropriate reserve for replacement funds' for reconstruction shortfall (Art. XIV, Sec. 14.2(b))

Pets

No dogs or exotic animals allowed; renters: no pets (Homeowner CC&R #10 (page 26), Renter CC&)

Home business

Prohibited (Art. VII, Sec. 7.1)

Use restrictions

Each Unit shall be used for residential purposes only; no trade or business (Art. VII, Sec. 7.1)

Voting & meetings

Two classes: Class A (all owners except Declarant) – one vote per unit; Class B (Declarant) – three votes per unit. Class B membership ceases when Class A votes equal Class B or June 30, 1987. (Art. X)

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