Chestnut Estates Homeowners Association, Inc.

Key facts from Chestnut Estates Homeowners Association, Inc.'s documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) - Chestnut Estates Homeowners Association, Inc. (Article I, Section 1)

Legal name

Chestnut Estates Homeowners Association, Inc.

Units / lots

Not explicitly stated; Declaration covers all lots on recorded plats of phases. (Article I, Section 8 (definition of Lot))

Developer / declarant

Pulte Home Corporation

Assessments & dues

Maximum annual assessment initially $300.00 per lot until January 1 of year after first lot conveyance. (Article VI, Section 3)

Special assessments

Special assessments for capital improvements (construction, reconstruction, repair, replacement on Common Area or Privacy Walls) require assent of two-thirds of each class of Members voting in person or by proxy at a meeting duly called. Al (Article VI, Section 4 (capital improveme)

Reserves & fees

Declarant agrees to escrow reserve accounts for benefit of Members and shall turn over escrowed funds to Association when Class B Membership ceases. (Article VI, Section 12 (following Sectio)

Signs & flags

Only one 'for sale' sign not exceeding 4 square feet and one resident name sign not exceeding 1 square foot permitted on Lots. Declarant and Association may place any signs for construction, marketing, etc. (Article VIII, Section 13)

Use restrictions

All lots are residential; only one single-family dwelling per lot. (Article VIII, Section 2)

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 upon earliest of: (a) Class A votes equal Class B, (b) four years after recording Declaration, or (Article III, 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.