Lake View Estates Property Own Ers

Key facts from Lake View Estates Property Own Ers's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners Association (HOA) for Lake View Estates / Lake View Gardens Subdivision (Article 1.01 Definition of Association)

Legal name

Lake View Estates/Lake View Gardens Property Owners Association, Inc.

Units / lots

Lots 1-A through 62-A, 1-B through 254-B, 255-B through 289-B, 1-C through 18-C, plus Unit 3 Lots 1-6 (added per amendment). Approximately 375+ lots. (Article 1.03, 1.05, 1.06, 1.07; Amendmen)

Governing law

Alabama Nonprofit Corporation Act, Code of Alabama, Section 10-3A-1 et seq. (Articles of Incorporation, preamble)

Assessments & dues

Set by Board of Directors annually; maximum may increase up to 15% per year without membership vote. (Article 8.06; Bylaws 3.03)

Special assessments

May be levied for capital improvements with assent of 2/3 of voting members at a meeting duly called. (Article 8.07)

Collections & liens

Annual and special assessments are a continuing lien on the lot, enforceable by filing a lien statement in probate court, plus personal obligation of owner. Subordinate to first mortgage. Foreclosure extinguishes prior assessments. (Article 8.04, 8.11, 8.12)

Reserves & fees

Not explicitly stated; interest rate of 10% per annum on unpaid assessments. (Article 8.11)

Pets

Reasonable number of generally recognized house pets allowed; in no event more than two dogs and cats. (Article 3.10)

Leasing & rentals

Yes, any owner may lease or rent a residence, subject to providing written statement to Association Secretary and ensuring tenant receives association documents. (Article 3.20)

Parking & vehicles

Overnight street parking not permitted. (Article 3.17(e))

Fences

No man-made fence erected without prior ARC approval. Allowed: black aluminum simulated wrought-iron or wrought-iron 36-48 inches (with approval). Decorative treated wood or vinyl fences on B-Lots backing to Sod Farm with approval. No fence (Article 3.12)

Architectural approval

No improvement shall be commenced until plans approved in writing by ARC. Includes new construction, remodeling, additions, changes to roofs, mailboxes, satellite dishes, exterior colors, significant landscaping changes. (Article 2.02; Article 3.0)

Solar & roof

Roofs not less than 7/12 pitch. ARC may approve non-reflective metal, color bond roofs. (Article 3.03 (pitch); Article 3.07)

Home business

No trade or business activity of any kind shall be carried upon any lot; nothing that may be an annoyance or nuisance. (Article 3.06)

Signs & flags

No sign displayed to public view except: one professionally lettered For Sale/For Rent sign at front and rear; one Under Construction sign; one security company sign; one political sign 30 days before election, removed within 7 days after. (Article 3.09)

Setbacks / home size

A-Lots, B-Lots, C-Lots: Front setback 35 feet from road lot line. Side setback 10 feet. Rear setback: B-Lots and C-Lots 35 feet; A-Lots 100 feet from the water. (Article 3.04)

Use restrictions

All lots shall be known and described as single-family residential lots and no such lot shall be used except for residential purposes. (Article 3.01)

Voting & meetings

One vote per lot owned. Owners of undivided interests must vote jointly. (Article 8.03; Bylaws 3.09)

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