Gt Regency

Key facts from Gt Regency's documents

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

Community type

HOA (Declaration establishes an association)

Legal name

Douglas County, Pine Crest HOA, Inc. (Article 1(a))

Units / lots

21 lots in Phase One (Lots 1-21 of Pine Crest Subdivision per Exhibit A) (Exhibit A)

Developer / declarant

G.T. Regency Homes, Inc. (First paragraph of Declaration)

Assessments & dues

Board annually prepares budget and levies assessments after delivering to Owners at least 30 days before end of fiscal year (Article 4, Section 3)

Special assessments

Association may levy special assessments in any year; paid as determined by Board (Article 4, Section 4)

Collections & liens

Assessment is a charge on the land and continuing lien; after 60 days Association may sue and foreclose lien; lien superior except for ad valorem taxes and first mortgage (Article 4, Sections 2 and 5)

Reserves & fees

Board shall prepare capital contribution or reserve in accordance with a capital budget (Article 4, Section 3)

Pets

Yes, no more than two dogs, cats or other household pets per Lot (Article 6, Section 7)

Leasing & rentals

Yes, subject to restrictions (Article 12)

Parking & vehicles

Prohibited except emergency and guest parking (Article 6, Section 6)

Architectural approval

Yes, for any exterior construction, alteration, addition, or erection except Declarant work (Article 6, Section 14; Article 7, Sectio)

Signs & flags

One 'For Rent' or 'For Sale' sign per Lot not more than 2 ft x 2 ft; no other signs without Board consent (Article 6, Section 5)

Use restrictions

All Lots shall be used for single-family residential purposes exclusively (Article 6, Section 2)

Voting & meetings

One membership vote per Lot; joint owners vote as provided in Declaration and By-Laws (Article 3, Section 1)

Amendments

Declarant may unilaterally amend for compliance, title insurance, lender/agency requirements, or other purposes not adversely affecting Owner rights (Article 15, Section 4)

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