Wynbrooke

Key facts from Wynbrooke's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Article I, Definitions - Dwelling Unit: )

Governing law

Indiana not-for-profit corporation law (Article XIV: 'Association shall be an In)

Assessments & dues

Board of Directors establishes annual budget and levies assessments (Article XVII, Section D: 'The Board of D)

Special assessments

Approved by Owners in attendance at a special meeting convened per Article XVII, Section K (Article XVII, Section D.2)

Collections & liens

Yes, assessment becomes a lien after 30 days delinquent and may be foreclosed; lien subordinate to first mortgage (Article XVII, Sections H and I)

Use restrictions

Each Lot shall be used exclusively for single or two family residential purposes per zoning (Article II, Section A)

Voting & meetings

Class A: one vote per Lot owned; Class B (Declarant): three votes per Lot owned until conversion (when Class A votes equal Class B or September 1, 2001) (Article XV, Section B)

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