Perkins Marjorie C

Key facts from Perkins Marjorie C's documents

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

Community type

private recreational residential community (Whereas clauses)

Legal name

Wehapa Lakes, Inc.

Developer / declarant

Wehapa Lakes, Inc.

Governing law

Code of Alabama, §10-2A-1 et seq. (Article III, Section 1)

Assessments & dues

Annual assessments approved by 2/3 vote of Stockholders; special and supplemental assessments similarly require 2/3 vote if over $3,000 (Article IV, Sections 2, 3, 4)

Special assessments

Permitted for capital improvements with 2/3 vote; supplemental assessments if budget insufficient (over $3,000 requires 2/3 vote) (Article IV, Sections 3, 4)

Collections & liens

Claim of lien with power of sale on Lot; 90 days after default; demand required; subordination to mortgages; foreclosure extinguishes prior liens (Article IV, Sections 8, 9)

Architectural approval

Yes, for all new Single Family Residences and exterior additions/changes (Article VI)

Home business

Prohibited: no trade or business, including any type of home industry (Article VII, Section 1)

Setbacks / home size

50 feet from lateral boundary line unless approved by Architectural Committee and adjacent Lot Owner (Article VII, Section 2(c))

Use restrictions

Yes: Property and each Lot for residential purposes only; no trade or business (Article VII, Section 1)

Voting & meetings

Each Lot and Stock entitles owner to one vote; designated voter if multiple owners (Article III, Section 7: Designated Voter)

Amendments

May be amended or dissolved by instrument signed by Owners of not less than 2/3 of Lots and Stock; must be recorded (Article VIII, Section 5)

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