Kovac Paint & Wall Covering

Key facts from Kovac Paint & Wall Covering's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

Original plat not enumerated; Amendment adds 13+4+5 = 22 lots (Amendment legal description)

Developer / declarant

Kovac Paint & Wall Covering, Inc. (Opening paragraph)

Assessments & dues

Set annually by Board budget; equal for each lot (Article V Section 3)

Special assessments

Allowed for capital improvements with assent of 2/3 of Class A and Class B member; also if annual assessments inadequate, subject to same consent (Article V Section 4)

Collections & liens

Assessment is a continuing lien; can be foreclosed like mortgage with power of sale; personal obligation of owner at time due (Article V Sections 1 and 8)

Reserves & fees

Board shall include capital contribution to reserve account in budget; purpose includes establishment and maintenance of reasonable reserve fund (Article V Sections 2 and 3)

Pets

Only household pets, not for commercial or domestic purposes; no nuisance; animal structures require ACC approval (Article VIII Section 18)

Architectural approval

Yes, for any structure or material alteration of exterior appearance; also for builders, landscapers, fences, driveways, signs, antennae, etc. (Article II Sections 3, 4; Article VIII S)

Setbacks / home size

ACC may establish more restrictive setback requirements than Plat (Article VIII Section 9)

Use restrictions

All lots restricted exclusively to single-family residential use; no commercial, business, or professional purpose (Article VIII Section 1)

Voting & meetings

Two classes: Class A (owners, one vote per lot); Class B (Developer, three votes per lot until conversion) (Article III Section 2)

Amendments

Developer may unilaterally amend for compliance with laws, title insurance, lender requirements, or governmental insurance (no substantial changes); otherwise, amendment requires 75% of owners plus Developer if Developer still owns property (Article XI Section 7)

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