Hanover All

Key facts from Hanover All's documents

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

Community type

Covenant / Planned Community

Governing law

Indiana Nonprofit Corporation Act of 1991 (Section 1.2)

Assessments & dues

Board establishes annual budget prior to each fiscal year, including estimates of Common Expenses, contingencies and reserves. Budget mailed to Owners. Annual assessments are based on that budget. Special assessments may be levied by Board (Section 5.4, 5.5)

Special assessments

Board may levy special assessments if annual assessments insufficient, or for unanticipated Common Expenses. (Section 5.5)

Collections & liens

Assessment is a lien on the Lot from due date, subordinate to first mortgage. Association may foreclose lien in court. Personal obligation also on Owner. Lien extinguished by mortgage foreclosure. (Section 5.2, 5.8)

Reserves & fees

Annual budget includes a reasonable allowance for reserves. (Section 5.4)

Pets

Yes, but no farm animals, fowls or domestic animals for commercial purposes. Pets must be on leash off Owner's Lot. Owner responsible for waste and disturbance. (Section 7.5)

Parking & vehicles

Commercial vehicles, tractors, busses, mobile homes, recreational vehicles, trailers, campers, boats and boat trailers shall be parked only in enclosed garages or designated areas. Service/delivery vehicles allowed during daylight for servi (Section 7.4(b))

Architectural approval

Yes, for any construction or exterior alteration (except vegetative landscaping). Two copies of plans and specifications must be submitted to Architectural Control Committee for written approval. (Section 6.2, 6.4)

Home business

Home occupations may be conducted within Dwelling Unit if not detrimental to residential character and no signs or evidence visible from outside. (Section 7.26 (referenced in Section 7.1,)

Maintenance

Association maintains Common Areas (including landscaping, structures, play equipment, private streets, medians, entry features). Owner maintains interior and exterior of Lot and Dwelling Unit, and all improvements on Lot, unless otherwise (Section 4.3(a), (b))

Insurance

Association shall maintain public liability insurance, may maintain officers/directors insurance, and fire and extended coverage on Common Areas. (Section 4.4)

Use restrictions

Each Lot shall be used for residential purposes only, except as permitted by Section 7.26 (home occupations). (Section 7.1)

Voting & meetings

Class A Members (all Owners except Class B): one (1) vote per Lot. Class B Members (Developer and designated successors): three (3) votes per Lot until Class A votes equal Class B votes or resignation. During Development Period, all actions (Section 4.2)

Amendments

Referenced in Article IX, Section 9.2; text not fully provided, but mentioned in Table of Contents. (Table of Contents, Article IX)

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