Ponder Place Subdivision

Key facts from Ponder Place Subdivision's documents

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

Community type

Covenant / Planned Community

Legal name

Ponder Place Owners Association, Inc. (Section 1.03(c))

Developer / declarant

68V Ponder Place 2021, LLC, an Alabama limited liability company (First page of Declaration)

Governing law

Alabama Homeowners’ Association Act, codified at Chapter 20 of Title 35 of the Code of Alabama (1975), as amended (Section 1.03(k))

Assessments & dues

Not fixed; determined by Board of Directors each year at least 30 days in advance of assessment period. (Section 4.05)

Special assessments

Allowed for capital improvements to Common Area (construction, reconstruction, repair, replacement, including entrance wall/signage). (Section 4.04)

Collections & liens

Assessment Lien reserved; can foreclose like real estate mortgages. Also lien under HOA Act (Section 35-20-12). (Sections 4.08, 4.09)

Reserves & fees

Association may establish reserve fund for periodic maintenance, repair, replacement of Common Area improvements. (Section 4.02)

Pets

Dogs, cats, other household pets allowed subject to Association rules. (Section 7.06)

Leasing & rentals

Homes and Lots may be leased for residential purposes only. (Section 8.01)

Parking & vehicles

Overnight parking within street right-of-ways prohibited. (Section 7.10(d))

Home business

Permitted entirely within Home if: (i) uses ≤10% of total square footage; (ii) no additional parking on streets or Common Areas; (iii) secondary to residential use; (iv) complies with zoning. (Section 7.01(a)-(b))

Signs & flags

Signs generally prohibited except: (i) 'for sale' sign <4 sq ft; (ii) Declarant/Builder signs; (iii) security service sign within 10 ft of entrance; (iv) U.S. flag per state law. (Section 7.03)

Use restrictions

Each Lot restricted to private, single-family dwelling for residential use. (Section 7.01)

Voting & meetings

Voting by Owners in accordance with Bylaws (Section 3.02)

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