Deramus Garnet M

Key facts from Deramus Garnet M's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Wehapa Lakes, Inc.

Developer / declarant

Wehapa Lakes, Inc.

Assessments & dues

Annual assessments are set by 2/3 vote of Stockholders, uniform per lot, due March 1st each year. (Article IV Sections 2, 6, 7)

Special assessments

Special assessments for capital improvements require assent of two-thirds (2/3) of votes of Stockholders at a duly called meeting. (Article IV Section 3)

Collections & liens

Unpaid assessments, interest, costs, and attorney's fees are a continuing lien on the Lot. Corporation may file a claim of lien with power of sale. Lien subordinate to mortgages. Mortgage foreclosure extinguishes liens for assessments due p (Article IV Sections 1, 8(b), 9)

Reserves & fees

Interest at the maximum legal rate per annum from the date of delinquency. (Article IV Section 8(a): 'interest there)

Pets

Not explicitly prohibited, but raising, breeding, or keeping animals for commercial purposes is prohibited. (Article VII Section 1(b): 'raising, bree)

Architectural approval

Plans and specifications for new construction or exterior changes must be submitted to and approved in writing by the Board or an Architectural Committee. (Article VI: 'until the plans and specifi)

Setbacks / home size

One-story residence: at least 2,000 sq ft on ground floor; multi-story: at least 2,500 sq ft total (excluding garages, basements, carports, eaves, steps, open decks/terraces). (Article VII Section 2(b))

Use restrictions

Each Lot will be used for residential purposes only. (Article VII Section 1: 'The Property and)

Voting & meetings

Each Stockholder may vote in person or by proxy; when multiple owners, a single Designated Voter must be named to cast votes. (Article III Section 7 (Designated Voter))

Amendments

Amendment requires instrument signed by Owners of not less than two-thirds (2/3) of the Lots and Stock, and must be recorded. (Article VIII Section 5: 'This Declaratio)

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