Eden Gate

Key facts from Eden Gate's documents

Community type

Covenant / Planned Community

Legal name

Eden Gate

Assessments & dues

Initially guaranteed not to exceed $75.00 per month until December 31, 2004; thereafter adjusted annually by CPI or 10% increase (whichever greater) (Para 16(e), pages 22-23)

Special assessments

Board may impose special assessments for unusual expenses or capital expenditures without Owner approval; prior to Applicable Date requires Declarant approval (Para 16(d), page 22)

Collections & liens

Regular and special assessments become liens on Lot; may be foreclosed as mortgage on real property; Board may also sue for money judgment without foreclosing lien (Para 16(f)-(g), pages 23-24)

Reserves & fees

Replacement reserve fund required: at least 10% of Regular Assessment; prior to Applicable Date, 10% designated for reserve; held in separate interest-bearing account (Para 16(b), page 20; Para 16(e), page 23)

Pets

Yes; pets must be removed from yard during lawn maintenance activities (Para 10(f)(ix), page 13)

Architectural approval

Prior written approval of Architectural Review Board required for any improvements, alterations, excavation, changes in grade, or exterior changes to any Lot or Dwelling Unit (Para 15(c), page 18)

Maintenance

Each Owner responsible for repair and maintenance of the roof connecting the two attached Duplex Units (Para 14(b)(ii), page 16)

Insurance

Corporation obtains fire and extended coverage insurance on Common Area for full replacement value; also 'all-risk' if available; public liability insurance; other insurance as needed (Para 18(a)-(c), pages 25-26)

Voting & meetings

Two classes: Class A (all Owners except Class B) - one vote per Lot; Class B (Declarant) - three votes per Lot (Para 9(b), page 9)

Amendments

Referenced in Table of Contents as Paragraph 22, but full text not provided in excerpt; procedure exists. (Table of Contents, page 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.