Colorado Revised Statutes Title 38. Property Real and Personal § 38-33-105.5. Contents of declaration
Current as of January 01, 2022 | Updated by FindLaw Staff
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(1) The declaration shall contain:
(a) The name of the condominium property, which shall include the word “condominium” or be followed by the words “a condominium”;
(b) The name of every county in which any part of the condominium property is situated;
(c) A legally sufficient description of the real estate included in the condominium property;
(d) A description or delineation of the boundaries of each condominium unit, including its identifying number;
(e) A statement of the maximum number of condominium units that may be created by the subdivision or conversion of units in a multiple-unit dwelling owned by the declarant;
(f) A description of any limited common elements;
(g) A description of all general common elements;
(h) A description of all general common elements which may be conveyed to any person or entity other than the condominium unit owners;
(i) A description of all general common elements which may be allocated subsequently as limited common elements, together with a statement that they may be so allocated, and a description of the method by which the allocations are to be made;
(j) An allocation to each condominium unit of an undivided interest in the general common elements, a portion of the votes in the association, and a percentage or fraction of the common expenses of the association;
(k) Any restrictions on the use, occupancy, or alienation of the condominium units;
(l) The recording data for recorded easements and licenses appurtenant to, or included in, the condominium property or to which any portion of the condominium property is or may become subject;
(m) Reasonable provisions concerning the manner in which notice of matters affecting the condominium property may be given to condominium unit owners by the association or other condominium unit owners; and
(n) Any other matters the declarant deems appropriate.
(2) This section shall apply to any condominium ownership of property created on or after July 1, 1983.
Cite this article: FindLaw.com - Colorado Revised Statutes Title 38. Property Real and Personal § 38-33-105.5. Contents of declaration - last updated January 01, 2022 | https://codes.findlaw.com/co/title-38-property-real-and-personal/co-rev-st-sect-38-33-105-5/
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