Old Courthouse Square Homeowners Association, Inc.

Key facts from Old Courthouse Square Homeowners Association, Inc.'s documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

OLD COURTHOUSE SQUARE HOMEOWNERS ASSOCIATION, INC.

Assessments & dues

Maximum $700.00 per townhouse per year until first Lot conveyed to an Owner; thereafter may be increased up to 5% per year without vote, or above 5% with 2/3 vote of each class. (Article IV Section 3)

Special assessments

May be levied for capital improvements on Common Area, with assent of two-thirds of votes of each class in a meeting duly called. (Article IV Section 4)

Collections & liens

Annual and special assessments, plus interest, costs, and reasonable attorney's fees, are a continuing lien on the lot and a personal obligation of owner. Association may foreclose the lien. Lien subordinate to first mortgage. Foreclosure e (Article IV Section 1, Section 8, Section)

Reserves & fees

Interest at 18% per annum from due date on any assessment not paid within 30 days after due date. (Article IV Section 8)

Pets

Dogs, cats, or other household pets may be kept, provided not kept, bred, or maintained for commercial purpose. No livestock or poultry. (Article X)

Architectural approval

No building, fence, wall, or other structure shall be commenced, erected, or maintained; no exterior addition, change, or alteration until plans and specifications submitted to and approved in writing by Board of Directors or architectural (Article XI)

Signs & flags

No sign displayed to public view except one sign of not more than four square feet to advertise property for sale or lease. (Article IX)

Setbacks / home size

No building nearer to front lot line or side street than minimum setback lines determined by City of Crawfordville or Wakulla County Codes. (Article VII)

Use restrictions

No lot shall be used except for residential purposes. (Article V)

Voting & meetings

Two classes: Class A (all owners except Declarant) - one vote per lot; Class B (Declarant) - three votes per lot. Class B converts to Class A when Class A votes equal Class B votes or January 1, 2005, whichever earlier. (Article III Section 2)

Amendments

During first 20 years: by instrument signed by not less than two-thirds (2/3) of Lot Owners. Thereafter: by instrument signed by not less than one-half (1/2) of Lot Owners. Any amendment must be recorded. (Article XII Section 3)

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