The Pointe Retreats Homeowners Association, Inc.

Key facts from The Pointe Retreats Homeowners Association, Inc.'s documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium with Homeowners Association (Pointe Retreats Homeowners Association) (Paragraph 1(b) and Paragraph 17)

Developer / declarant

Ronald J. Killion (Executing paragraph, Page 1)

Governing law

Indiana Horizontal Property Act (Act of 1963, Chapter 349, Sections 1 through 41) (Paragraph 1(a))

Assessments & dues

Pro rata according to undivided interest in Common Areas (Exhibit E percentages) (Paragraph 18)

Special assessments

Permitted (Paragraph 18: 'any special assessment du)

Collections & liens

Yes, for unpaid Common Expenses; also lien for costs of repair if owner fails to pay (paragraph 21) (Paragraph 21 and Paragraph 18)

Pets

Dogs, cats, other usual household pets allowed subject to Board rules (Paragraph 11(e))

Leasing & rentals

Yes, subject to right of first refusal by Board (except leases under 90 days) and Board approval of form (Paragraph 25)

Parking & vehicles

Board may assign parking spaces to individual Units for exclusive use (Paragraph 9 and Paragraph 10)

Architectural approval

Yes, for alterations to Common Areas; for Units, Board may have authority via By-Laws (not detailed in this excerpt) (Paragraph 11(g): 'Nothing shall be alter)

Home business

Not explicitly prohibited; but residential use only limits business (Paragraph 11(a))

Signs & flags

Prohibited without prior written consent of Board (Paragraph 11(d))

Maintenance

Common element maintained by Association (Paragraph 8(d): 'All roofs' are included)

Insurance

Fire, extended coverage, vandalism, public liability (minimum $250k/$1M bodily injury, $50k property damage initially); also workmen's compensation as determined (Paragraph 19(b))

Use restrictions

Yes (Paragraph 11(a): 'used for single family)

Voting & meetings

Based on percentage Common Interest (per Exhibit E each unit 4.167%); amendment requires 75% in Common Interest; change in percentage or voting requires unanimous (Paragraph 30(a))

Amendments

By vote of at least 75% in Common Interest of all Unit Owners, recorded; changes to percentages or voting require unanimous; During declarant control, declarant may amend unilaterally for certain changes (Paragraph 30(a) and (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.