The Village of Heritage Hill

Key facts from The Village of Heritage Hill's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision (Planned Residential Community) (Preamble - 'The Village of Heritage Hill)

Developer / declarant

Rolling Hills, LLC (an Indiana limited liability company) (Preamble and Article I(f))

Assessments & dues

Determined by Board; initial annual assessment set at closing (Article IV, Section 5 - 'initial Annual )

Special assessments

Allowed for capital improvements; requires 51% of Class A votes and affirmance of Class B Member; uniform rate per Living Unit (Article IV, Section 4)

Collections & liens

Assessment is a continuing lien on the Lot; Association may foreclose; personal obligation of Owner (Article IV, Sections 1 and 8)

Reserves & fees

Annual Assessment includes an adequate reserve fund for future use (Article IV, Section 2 - 'provide an adeq)

Voting & meetings

Class A Members (Owners) have one vote per Lot; Class B Member (Declarant) has voting rights during Development Period (Article III, Section 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.