Homestead (DE)

Key facts from Homestead (DE)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Homestead Owners’ Association, Inc. (Article I A)

Developer / declarant

Mandrin Homes of Delaware, LLC

Assessments & dues

Not initially set; to be determined by Association board (Article V Section 3, Section 4)

Special assessments

Permitted for capital improvements, repair, replacement, and operating reserve; must be uniform per Lot; no vote threshold specified (except borrowing money requires 2/3 vote) (Article V Section 6; Article IV Section )

Reserves & fees

No transfer fee mentioned (Article V)

Pets

Conventional household pets (dogs, cats, birds, fish) only (Article VII Section 21)

Leasing & rentals

Yes, for residential use only (Article VII Section 34)

Parking & vehicles

Guests allowed to park on streets in front of Lots for no more than 24 hours (Article VII Section 22)

Fences

No fence or wall without prior written ARC approval of height, type, and location (Article VII Section 13)

Architectural approval

No landscaping or other improvement (including re-construction) on any Lot without prior written ARC consent (Article VI Section 2)

Home business

No trade or business other than a home office; no sign or additional parking for home office (Article VII Section 7)

Signs & flags

No signs except with permission; developer/agent signs for sale; simple 2' x 3' real estate sign for Owner's sale; home office signs prohibited (Article VII Section 10)

Maintenance

Association responsible for Common Areas (maintenance, insurance, taxes). Owner responsible for maintenance of their Lot including landscaping, exterior of dwelling, etc. (Article IV Section 4; Article VII Sectio)

Insurance

Association shall maintain property, casualty, and liability insurance on Common Areas; Developer and Property Owner named as additional insured (Article IV Section 4(f))

Use restrictions

All Lots shall be used for residential purposes exclusively; one detached single-unit dwelling per Lot; no residence except in Main Dwelling (Article VII Section 3)

Voting & meetings

One vote per Lot; one class of voting membership; when multiple owners, one vote cast per Lot (Article II Section 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.