(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.
‹ Prev All Colorado sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.