Irons Lane Subdivision

Key facts from Irons Lane Subdivision's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision (Subdivision known as "Iron's Lane Subdiv)

Legal name

Iron's Lane Property Owners Association, Inc.

Governing law

General Corporation Laws of the State of Delaware (Paragraph 11A: "under the General Corpor)

Assessments & dues

Amount determined by the Board after considering current and future maintenance needs (Paragraph 11D(c): "the amount of said ch)

Special assessments

Permitted; assessed per single-family residential lot (Paragraph 11D(c): "special assessment ch)

Collections & liens

Assessments are a charge on the land and a continuing lien, subordinate to first mortgage; Association may foreclose; personal obligation also enforced (Paragraph 11E(a): "shall be a charge on )

Voting & meetings

One vote per lot; when multiple owners, one vote per lot exercised as they determine; no more than one vote per lot (Paragraph 11A & 11C: "Every lot owner sh)

Amendments

Requires consent of lot owners (as per paragraph 2 of original restrictions) and recording becomes effective ("THIS IS A CONSENT, as required by parag)

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