Kerrington Proper

Key facts from Kerrington Proper's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Kerrington Proper Community

Units / lots

At least 57 lots in Section 1 (Lots 1-6, 36-67 for Kerrington Proper; Lots 17-35 for The Reserve) plus denominated lots on Additional Property; total not exhaustively listed. (Article I, Section 1(y) (defines Communi)

Developer / declarant

Kerrington Proper Development, LLC

Governing law

Indiana Nonprofit Corporation Act of 1991, Ind. Code 23-17-1, et seq. (Article I, Section 1(a))

Assessments & dues

Kerrington Proper: $350.00 per Lot annually; The Reserve at Kerrington Proper: $500.00 per Lot annually (Article XI, Section 3 (last paragraph be)

Special assessments

Allowed by Board resolution without Owner approval; may be used for capital expenditures, repairs from casualty, etc. Declarant only responsible after Applicable Date for extraordinary repairs to originally installed infrastructure. (Article XI, Section 4)

Collections & liens

Assessments become lien on Lot; may be foreclosed as mechanic's lien; Board may accelerate unpaid balance; personal liability remains; foreclosure by mortgagee extinguishes assessment liens for past-due installments but not personal liabili (Article XI, Section 5(a) and (b))

Reserves & fees

Required replacement reserve fund for capital expenditures and replacement of Common Areas; maintained in separate interest-bearing account in Johnson or Marion County bank (Article XI, Section 2)

Fences

Fences are subject to Architectural Control Committee approval (Article IX applies to any fence) (Article IX, Section 1)

Architectural approval

Yes, for any construction, exterior alteration, planting/removal of plants, trees, shrubs; does not apply to Declarant or Association common area work (Article IX)

Signs & flags

Declarant may erect signs for construction, sales, etc.; directional and identification signage at entries (common expenses); interior stylized traffic signs if approved by authorities (Article I, Section 1(j) (Common Expenses)

Maintenance

Owner: Lot and Dwelling Unit interior/exterior. Association: Common Areas maintenance, repair, replacement, including lake, signage, landscaping of common areas, utility easements, etc. (Article VII, Sections 1 and 2)

Use restrictions

Each Dwelling Unit is designed for single-family residence (Article I, Section 1(l))

Voting & meetings

Class A (each Owner one vote per Lot); Class B (Declarant: 4 votes per platted Lot, 10 votes per denominated Lot on Additional Property); after Applicable Date, Class B converts to Class A (Article IV, Section 2)

Amendments

Article IX (Architectural Standards) may not be amended without Declarant's written consent while Declarant owns any land subject to Declaration; other amendment procedures not detailed in text provided (Article IX (last paragraph of introducto)

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