Mystic Cove Homeowners

Key facts from Mystic Cove Homeowners's documents

Reflects the 1993 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners_association (Article 1 Section 1: 'Association shall )

Legal name

Mystic Coves Homeowners Association

Developer / declarant

Mystic Cove Corporation (First paragraph and Article 1 Section 8)

Assessments & dues

Set initially in first budget; thereafter determined by Board of Directors (Article 6 Section 3)

Special assessments

Allowed for capital improvements; if over 10% of regular annual assessment, need 2/3 vote of each class (Article 6 Section 4)

Collections & liens

Lien on Lot and personal obligation; enforceable by legal action including foreclosure (Article 6 Sections 1 and 8)

Reserves & fees

Adequate reserve fund for maintenance, repair and replacement of Common Areas and improvements (Article 6 Section 3)

Pets

yes (Article 8 Section 4)

Parking & vehicles

Prohibited from parking in carport, driveway or parking area (Article 8 Section 7)

Signs & flags

Only nameplates not exceeding 1 square foot; Declarant/Developer signs excluded (Article 8 Section 5)

Use restrictions

yes (Article 8 Section 1: 'No Lot shall be us)

Voting & meetings

Class A (Owners) one vote per Lot; Class B (Declarant) five votes per Lot until conversion (Article 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.