Montevallo Commons

Key facts from Montevallo Commons's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

8 (Lots 1, 2, 3, 4, 5, 14, 15, and 16) (Article I, Page 1-2)

Developer / declarant

Montevallo Commons, L.L.C.

Assessments & dues

Board determines amount each year; also states 'All annual and any special assessments must be made at a uniform rate of $200.00 per lot' (possibly contradictory) (Article VI, Pages 5-6)

Special assessments

Yes; determined by majority vote of Board; must be at uniform rate of $200 per lot (Article VI, Page 5-6)

Collections & liens

Assessments are a continuing lien on each Lot; Association can foreclose like a mortgage, including power of sale granted by Owner; subordinated to first mortgage (Article VI, Pages 5-6)

Reserves & fees

Annual assessments include 'a reasonable reserve for future major maintenance' (Article VI, Page 5)

Pets

Only with express written consent of the Architectural Control Committee; no birds, animals, livestock, insects, or poultry may be raised, bred, or kept without consent (Article XI, Page 9)

Architectural approval

Prior approval of Architectural Control Committee required for plans and specifications for any structure or improvement (Article V, Page 3)

Signs & flags

Developer reserves right to erect and maintain a sign in Common Area advertising property for sale, until sale of last lot (Article VIII, Page 7)

Setbacks / home size

35 foot setback line for all structures; for Lots 1, 2, 3, 4, 5 store fronts exposed to U.S. Highway 25, additional 10 foot setback (Article XII, Page 10)

Maintenance

Association maintains Common Area, private roadways, retention pond; Owner maintains Lot and improvements, including single-parcel utility lines (Articles IV, VII, and Definition of Comm)

Insurance

Property damage insurance on Common Area improvements at full replacement value; comprehensive general liability insurance on Common Area and Retention Pond with limits of not less than $1,000,000 per event (Article XIII, Page 11)

Voting & meetings

One vote per Lot; if multiple owners, determined per Bylaws (Article IV, Page 2)

Amendments

First 15 years: 90% of lot owners; after 15 years: 75%; after 20 years: 65%; Declarant may also amend to include future phases per Article XVI (Article XIV, Page 11-12)

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