Verrado Phase 3 South HOA

Key facts from Verrado Phase 3 South HOA's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Verrado Community Association, Inc.) (VERRADO COMMUNITY ASSOCIATION, INC., an )

Developer / declarant

DMB WHITE TANK, LLC

Special assessments

Allowed for wall repairs and enforcement of maintenance obligations (Specific Assessment (Sections 4.b.iv, 4.)

Reserves & fees

15% per annum interest on unpaid reimbursement obligations for wall costs (interest shall accrue on any unpaid amou)

Fences

Boundary Walls and Common Yard Walls: construction, repair, use, modification (consent required), and cost sharing (Section 4: Modification of Walls require)

Architectural approval

Yes, subject to Reviewer approval per Design Guidelines (subject to various approval requirements)

Maintenance

Owner maintains all Improvements on Unit including landscaping; Association maintains Areas of Common Responsibility (Section 5(a) and 5(b))

Use restrictions

Yes, per Charter Section 7.1(a) (Section 7.1(a) of the Charter (that the )

Voting & meetings

Representative voting per Neighborhood designation (Neighborhood One for purposes of represe)

Amendments

As per Charter; Founder may unilaterally amend to correct plat discrepancies (Section 21: may be amended in the same m)

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