Chase Oaks (DE)

Key facts from Chase Oaks (DE)'s documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned residential community (Article I definitions and WHEREAS clause)

Units / lots

253 (Article I(cc): 'two hundred fifty-three )

Developer / declarant

Chase Oaks DE, LLC, a Virginia limited liability company registered in Delaware, of 448 Viking Drive, Suite 220, Virginia Beach, Virginia 23452 (First page of Declaration)

Governing law

Delaware Uniform Common Interest Ownership Act (DUCIOA), Title 25, Delaware Code, Sections 81-101 et seq. (Article I(a) and WHEREAS; e.g., 'Act or )

Assessments & dues

Not fixed; set annually by Board based on budget and ratified by Owners (Article V, Sections 5.3(a) and (b))

Special assessments

Allowed; can be levied by Board for emergencies (unanimous vote) or with ratification by Owners. Also can be levied against specific Owners for violation of Declaration. (Article V, Sections 5.5(a) and 5.5(b))

Collections & liens

Assessment is a continuing lien on the Unit under DUCIOA §81-316; Association can bring action at law and foreclose the lien (Article V, Sections 5.1 and 5.10)

Reserves & fees

Required; Board must prepare reserve budget annually and set contribution; separate interest-bearing account; expenditures only for intended purposes except by 67% vote or emergency (Article V, Section 5.12)

Architectural approval

Yes, written approval required for all Improvements (buildings, structures, landscaping changes, etc.) except pre-approved construction by Declarant or Dealers (Article VI, Section 6.1)

Home business

Not explicitly addressed in provided text; likely prohibited under residential use only.

Signs & flags

Declarant may adopt Signage/Advertising Guidelines; during Declarant Control Period, may prohibit Owner 'For Sale' signs for first 2 years. Declarant and Dealers have rights to maintain certain signs. (Article II, Section 2.5(7); Section 2.5()

Setbacks / home size

ARC considers height comparability, but no specific number. (Section 6.3(a))

Maintenance

Not explicitly stated; likely Owner responsibility for Unit improvements.

Use restrictions

All buildings shall be used for residential purposes exclusively. (Article VII, Section 7.1)

Voting & meetings

One vote per Unit; multiple Owners of a Unit cast one vote as determined among themselves (Article IV, Sections 4.2(a) and 4.2(b))

Amenities

Pool, clubhouse, trails, walkways, entrance features, stormwater facilities, Vessel Family Cemetery (Article I(j) Common Facilities)

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