Faulkner Crossing Ph I

Key facts from Faulkner Crossing Ph I's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Rausch Coleman Arkansas Developers, LLC

Assessments & dues

$10.00 per month per year ($120 annually) (Art. IV, Sec. 3(B): Regular dues shall b)

Special assessments

Board may levy special assessment for capital improvements, unexpected repair or replacement (Art. IV, Sec. 4)

Collections & liens

Self-executing lien on the lot for unpaid assessments, late charges, interest, and costs; personal obligation of owner at time due (Art. IV, Sec. 6(A))

Reserves & fees

Board may establish reserve funds, accounted separately from operating expenses (Art. V, Sec. 4)

Pets

Dogs, cats, or other common household pets may be kept, not for commercial purposes, not obnoxious/offensive (Art. X, Sec. 2)

Parking & vehicles

Boats, recreational vehicles, and recreational vehicles stored to rear of main residential structure (Art. VIII, Sec. 4)

Architectural approval

Two sets of all building and site improvement plans and specifications must be submitted to Architectural Control Committee for approval prior to construction (Art. VIII, Sec. 1)

Home business

Home occupations in which customers or suppliers travel to/from residence are prohibited (Art. IX)

Signs & flags

Signs prohibited unless approved by Committee; exception: 1 sign not exceeding 6 sq ft advertising lot for sale; builder signs during construction and marketing (Art. XII)

Setbacks / home size

Minimum building or setback lines shown on recorded plat; no building closer to street than those lines (Art. VIII, Sec. 6(c))

Use restrictions

All lots shall be used as residential lots; only 1 single-family dwelling per lot; no business purposes (Art. VI, Sec. 1 and Sec. 2)

Voting & meetings

Each lot owner entitled to 1 vote; Developer has 4 votes per lot as long as ownership in Subdivision (Art. II, Sec. 2)

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