Commons Bylaws

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ARTICLE 1 - PURPOSES; BINDING UPON OWNERS

1.1 Purpose.

The purpose for which this non-profit corporation is formed is to govern the condominium property situated in the City and County of Santa Fe, State of New Mexico, which is known as the “The Commons on the Alameda,” and which property has been submitted to the provisions of the Condominium Act of the State of New Mexico by that certain recorded Second Amended and Restated Declaration of Condominium Ownership and of Easements, Restrictions and Covenants for The Commons on the Alameda (hereinafter referred to as the “Declaration”), that certain First Amended Declaration and Bylaws for the Commons on the Alameda, and that certain Declaration and Bylaws for The Commons on the Alameda. These Bylaws are subject to the provisions of the Declaration, and, in the event any Bylaw adopted by the Association is or becomes inconsistent with the Declaration, the provisions of the Declaration shall control and such Bylaw shall be void ad initio.

1.2 Owners Subject to Bylaws

All present or future Owners, present or future Occupants, or any other person or entity that might use in any manner the facilities on the Property are subject to the regulations set forth in these Bylaws. The mere acquisition or rental of any of the Units of the Property or the mere act of occupancy of any of said Units will signify that these Bylaws are accepted, ratified and will be complied with.

ARTICLE 2 - DEFINITIONS

2.1 Reference to Declaration

All definitions stated in the Declaration are incorporated herein by reference as if fully restated in these Bylaws.