Master Property Owners' Association HOA

Key facts from Master Property Owners' Association HOA's documents

Reflects the 1978 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned development community with residential, commercial and recreational uses (WHEREAS clauses)

Legal name

Cristo Property Owners Association, Inc. (Article I(a))

Governing law

South Carolina Nonprofit Corporation Act inferred (References to South Carolina non-profit )

Assessments & dues

Maximum Regular Annual Assessment: Residential Lots and Family Dwelling Units: (amount not specified in OCR); Public and Commercial Units: $0.15 per square foot; Unsubdivided Land, Multiple Family Tracts, Public and Commercial Sites, Develo (Article V, Section 3(a))

Special assessments

Allowed for capital improvements, additions, facilities, loans; requires majority of votes by mail referendum; may not exceed maximum regular assessment in any one year except for emergency repairs. (Article V, Section 4)

Collections & liens

Assessment becomes a continuing lien on the property. Association may bring action at law for personal judgment, including interest, attorney's fees, and costs of collection. Lien subordinate to mortgages. (Article V, Sections 1, 10, 11)

Reserves & fees

Association may establish reserve funds from annual assessments for major rehabilitation, emergency repairs, recurring maintenance, initial costs of new services. (Article V, Section 5)

Leasing & rentals

Not explicitly addressed except that lessees have easement in Restricted Common Properties and voting rights may be assigned to lessee. (Article III, Section 2 (voting assignmen)

Voting & meetings

Multiple types: Type A (residential lots/dwelling units): 2 votes per dwelling unit, 1 per lot; Type B (commercial/multi-family tracts): 1 vote per 3 acres; Type C (commercial units): 1 vote per 850 sq ft; Type D (unsubdivided land): 1 vote (Article III, Sections 2 and 4)

Amendments

Not explicitly detailed in this part; but Supplementary Declarations for additions require Company's action; mergers/consolidations allowed. Amendments likely require referendum? Not fully clear. (Article II, Section 2 (additions) and Ar)

Amenities

Common Properties include private community roads, bike trails, open spaces. Restricted Common Properties for exclusive use of residential owners/tenants. No specific amenities listed (no pool, clubhouse, etc. mentioned). (Article IV, Section 6)

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