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FAQ's 2024
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What are my voting rights in the condominium association?Each unit has one vote. See Article VIII of the Declaration of the Declaration of Condominium and Article 4.4 of the Articles of Incorporation.
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What restrictions exist in the condominium documents on my right to use my unit?One-family residential use only. No pets. Use of a unit for business or trade is prohibited. No interior or exterior alterations or additions to a unit without the prior written approval of the Board of Directors. No loud noise, obnoxious odor, or other source of annoyance. No exterior storage or storage containers. No immoral or illegal use, fire or safety hazard, or use that increases property insurance. The type and location of floor covering are restricted. Signs, wires, antennas, satellites, air conditioners, aerials, and structures are restricted. Parking and types of vehicles are restricted. No hanging or drying of items on the exterior is allowed. See Article XI of the Declaration and Association Rules for these and other restrictions.
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What restrictions exist in the condominium documents on the leasing of my unit?No unit shall be leased (including options and renewals) without the owner obtaining the prior written consent of the Board. In no event shall a unit be rented for a term of less than one (1) month. Only entire units shall be leased. Subleases and assignments are prohibited. Leases to corporations, partnerships, or groups of owners, other than an individual person or an individual family, are prohibited unless a single family or individual is designated to occupy the unit. See Article XI of the Declaration of Condominium.
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How much are my assessments to the condominium association for my unit type and when are they due?For 2024, the annual assessment is $19,500, payable in quarterly installments of $4,875.00, due on January 1, April 1, July 1, and October 1.
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Do I have to be a member in any other association? If so, what is the name of the association and what are my voting rights in this association?No.
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Am I required to pay rent or land use fees for recreational or other commonly used facilities? If so, how much am I obligated to pay annually?No.
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Is the condominium association or other mandatory membership association involved in any court cases in which it may face liability in excess of $100,000? If so, identify each such case.No.
Here you will find answers to common questions about living in our community. We aim to provide clear and concise information to help you better understand and navigate life at Portobello. If you have any additional questions, please do not hesitate to contact us.
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