Indian Harbor Villas

Key facts from Indian Harbor Villas's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Indian Harbor Villas

Units / lots

32 (6 initially, expanded to 32) (Schedule C (32 units); Section 7 (6 unit)

Developer / declarant

Indian Harbor, Inc., a Delaware corporation (Preamble)

Governing law

Delaware Unit Property Act (25 Del. C. 1974, as amended, Sections 2201-2240) (Section 1; Section 2(v))

Special assessments

Yes, for sewer hookup when county sewer becomes available (Schedule E, item 1)

Reserves & fees

Repair and replacement reserves may be established as part of common expenses (Section 2(e)(2))

Pets

Yes, reasonable number permitted; tenants require express written consent of Council (Schedule E, item 6)

Leasing & rentals

Yes, but lease for over one year triggers right of first refusal for Council (Section 19)

Architectural approval

Prior written approval of Council required for changes to exterior appearance of Common Elements, storm doors, parts exposed to elements (decks, stairs, front door), and any alteration to Common Elements (Section 9(f), (g), (i))

Setbacks / home size

Three stories (Section 4)

Use restrictions

Each unit used only for residential purposes (Section 9(a))

Voting & meetings

Based on percentage interest in common elements (Schedule B) (Section 6(a))

Amendments

Majority of Unit Owners (in person or by proxy) at meeting; also requires approval of mortgagees holding first liens on >50% of units subject to mortgages; must be recorded; percentage interest change requires unanimous consent of affected (Section 18)

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