Condo Association Agreement

CONDOMINIUM ASSOCIATION AGREEMENT

This Condominium Association Agreement ("Agreement") is entered into on this day of , (the "Effective Date"), by and between the Condominium Association and the Unit Owner identified below.

Property Identification

Parties

Unit Owner / Member

Membership, Rights & Voting

By executing this Agreement, Owner becomes a member of the Condominium Association and is bound by the Declaration, Bylaws, Rules and Regulations, and any duly adopted resolutions. Owner's voting and other membership rights are defined by the Association's governing documents and applicable law.

Assessments, Fees & Payment

Unpaid assessments shall bear interest at per annum from the date due and a late charge of for each delinquent installment. Owner agrees assessments are a separate lien against the Owner's Unit and may be collected by lien, foreclosure, or other remedies permitted by law and the governing documents.

Maintenance, Repairs & Alterations

Owner shall not make alterations or structural changes to the Unit or to Common Elements without the Association's prior written approval. All approved alterations must comply with applicable building codes and the Association's architectural standards. Owner shall be responsible for costs of repair to the Unit and for any damage caused to Common Elements by Owner, Owner's tenants, guests, or invitees.

Insurance & Indemnity

Owner shall maintain and furnish evidence of hazard, liability, and other insurance as required by the governing documents. Owner indemnifies and holds the Association harmless from claims arising from Owner's negligence, willful misconduct, or breach of this Agreement, except to the extent caused by Association negligence or willful misconduct.

Leasing, Pets & Use Restrictions

Leasing of a Unit is Yes No . If leasing is permitted, Owner must comply with tenant registration, minimum lease term requirements, and all tenant obligations under the governing documents. Pets are governed by the Association's pet policy and may be restricted by size, number, or breed.

Disclosures

Lead-based paint (if structure built prior to 1978): Yes No

Known presence of mold or water intrusion: Yes No

Prior material structural or water damage to Unit or Common Elements: Yes No

Pending or threatened litigation involving the Association: Yes No

Default, Remedies & Collection

In the event of default by Owner in the payment of assessments or other obligations, the Association may pursue one or more remedies including lien, foreclosure, suspension of privileges, injunctive relief, and recovery of collection costs, interest, late charges, and reasonable attorneys' fees. Remedies are cumulative and do not preclude other remedies available at law or in equity.

Dispute Resolution

Except where injunctive or equitable relief is sought, disputes arising under this Agreement shall first be submitted to good faith mediation. If mediation fails, the parties agree to binding arbitration under the rules agreed by the parties at the time of the dispute. Judgment on the arbitration award may be entered in any court of competent jurisdiction.

Governing Law, Amendment & Miscellaneous

This Agreement shall be governed by and construed in accordance with the laws of the state where the Condominium is located. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations and agreements. No amendment to this Agreement shall be effective unless in writing and executed by both parties.

If any provision of this Agreement is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Notices

All notices required or permitted under this Agreement shall be in writing and delivered to the parties at the addresses set forth above or to such other address as a party designates by written notice. Delivery by personal service, certified mail, or nationally recognized overnight courier is sufficient.

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