Green Meadows North Homeowners' Association

Key facts from Green Meadows North Homeowners' Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners' Association (Title and WHEREAS clauses)

Units / lots

40 (Lots 1-40 inclusive) plus Outlot Z (common area) (Exhibit "A")

Governing law

Chapter 504A of the Code of Iowa (Article I, Section 1)

Assessments & dues

Maximum $30.00 per month per Lot from October 14, 1999 to December 31, 1999; thereafter subject to increases. (Article IV, Section 4)

Special assessments

May be levied by majority vote of Members entitled to vote and present at a meeting; for capital improvements, operating deficits, or other extraordinary expenses. While Green Meadows is sole voting member, no special assessment for usual d (Article IV, Section 3)

Collections & liens

Unpaid assessments become a lien on the Lot, paramount to all other liens except tax liens and first mortgages. Association may foreclose the lien in the manner provided for mortgage foreclosure under Iowa law, and may also bring personal a (Article IV, Sections 1 and 6)

Reserves & fees

Determined by Board of Directors pursuant to Association By-Laws. (Article IV, Section 6)

Voting & meetings

Green Meadows is sole voting member until it no longer owns land or waives right; thereafter each Lot Owner (except church and public school lots) has one vote per Lot; church and public school lots have no vote. (Article III, Section 2)

Amendments

Declaration can be amended by filing revisions (e.g., to Exhibit B for Common Areas) by Green Meadows or Association. Additional land may be subjected by filing an amendment (Article V, Section 3). Removal of unplatted land also by amendmen (Article II, Section 1 (Exhibit B amendme)

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