Carleton Point

Key facts from Carleton Point's documents

Community type

Covenant / Planned Community

Legal name

Carleton Point

Units / lots

20 Lots (DOC 66352 P4-5 "subdivided said property)

Assessments & dues

$175.00 per Lot beginning January 1, 1990, allocated $75.00 for Boat Ramp maintenance/improvement and $100.00 for general fund (Article III.4(c))

Special assessments

Additional assessments for construction, reconstruction, repair, maintenance or replacement of commonly owned/used property, approved by 75% of members entitled to vote in person or by proxy at a meeting called for that purpose (Article III.4(d))

Collections & liens

Annual and additional assessments plus interest, costs and reasonable attorney fees are a lien on the Lot and a personal obligation of the owner at the time assessed; Association may sue or foreclose; lien subordinate to first mortgage; for (Article III.4(a), (h), (i))

Reserves & fees

Association shall maintain adequate reserve funds for major improvement and replacement costs, including roads, entrance sign areas, buffer areas and boat ramp area (Article VI.5)

Pets

Yes, each Lot owner may maintain not more than two dogs and two cats as domestic pets (Article II.2)

Parking & vehicles

Each Lot owner entitled to store one boat or trailer on the Common Area designated adjacent to the boat ramp; no vehicles or trailers may be parked outside the designated Boat Ramp and Storage Area (Article II.8; Article VI.8(e), (h))

Fences

Fences/walls require Committee approval; may not protrude beyond front edge of dwelling; no chain link, wire or metal fencing (wrought iron may be allowed); no fence or hedge may block the lake view of another Lot owner (Article I.9)

Architectural approval

No structure, building or fence shall be commenced, erected, placed, moved onto or permitted to remain, nor existing structure materially altered in exterior appearance, unless plans first submitted to and approved by the Architectural Cont (Article IV.1)

Solar & roof

Roofs must have minimum 6/12 pitch; no flat, built-up or metal roofs; wooden exterior surfaces require at least two coats of stain or paint; no exposed concrete blocks; Committee may object to exterior color scheme, finish and materials (Article I.4; Article IV.4(b)(2))

Home business

No trade, commercial or business use permitted on the Property (Article I.1)

Signs & flags

No sign of any kind except signs not more than five square feet advertising a home for sale or a builder’s sign during construction; Developer exempt from this sign restriction for development/sale/operation signs (Article II.1; Article V.11)

Setbacks / home size

No building closer than 70 feet from the front lot line or 20 feet from side/rear boundary lines; driveway no closer than 5 feet to rear and side boundary lines (Article I.6)

Maintenance

Association maintains Common Areas and major buffer maintenance; Lot owners maintain their Lots, including routine maintenance of buffer easements on their Lots (Article VI.4; Article VI.9; Article II.9)

Use restrictions

All Lots and Common Areas used for residential purposes only; no trade, commercial or business use permitted (Article I.1; DOC 66350 P1)

Voting & meetings

One vote per Lot owned by record owner or duly authorized proxy; Developer retains one vote per unsold Lot; Carleton Estates lot owners may become members solely for Boat Ramp Area use, with vote limited to Boat Ramp Area matters (Article III.2; Article VI.3; Article VI.)

Amendments

Declaration may be amended only by instrument signed by not less than 75% of Lot owners and recorded in Shelby County (or appropriate recording office), except during Developer Control when Developer may amend or modify without consent (Article V.8; Article V.4)

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