1285 Albion Homeowners' Association is located at 1285 Albion Street in the City & County of Denver. It consists of 1 buildings, 24 units, and developed in one phase. The complex has no commercial space and units are held in fee simple. The Association was formed in November 2007, after
the units were converted from Apartments into Condominiums. The Members are responsible to pay Homeowner Association fees. These fees range from, 198.96 to 288.49 per month, and the Association provides the following: Heat, Water, Trash, Common Area Insurance, and Maintenance to the Common Areas. If necessary, fees may be adjusted to cover the Associations operating budget. Additionally, from time to time a Special Assessment may be imposed to the Members to cover capital improvements or other needs the Association might have.
A charge of $120.00 is assessed as a transfer fee for each time a unit is sold or refinanced. Capital Reserves held by Owners should be collected from the Buyers at time of sale and Credited to the Seller. The Amount of the reserves should be obtained by the Seller from his settlement sheet. A fee of 50.00 is assessed each time a resident moves into a unit.
The Association Fiscal year ends December 31st.