Stoney Meadow

Key facts from Stoney Meadow's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

EDWARDS SPECIALTIES, INC.

Assessments & dues

Board prepares budget and assessment, delivered 30 days prior to end of fiscal year; becomes effective unless disapproved by Majority of total Association vote and Declarant. (Article IV Section 3)

Special assessments

Approved by two-thirds (2/3) of total Association vote and Declarant (if applicable). (Article IV Section 4)

Collections & liens

Association has lien on Lot superior to all except tax liens and first mortgage; may foreclose after 60 days delinquency. (Article IV Sections 5 and 6)

Reserves & fees

Delinquent after 10 days; amount determined by Board. (Article IV Section 6)

Voting & meetings

One vote per Lot. Multiple owners decide; in absence of advice, vote suspended. (Article III Section 2)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.