Trailside HOA

Key facts from Trailside HOA's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Mandatory Homeowners' Association) (Trailside PUD Statement, page 4, §5: "ma)

Units / lots

596 (Section 1, PAGE 4)

Governing law

Indiana nonprofit corporation law (implied by formation as Indiana nonprofit corporation) (Master Declaration Art. 1, §1.2: "Indian)

Assessments & dues

Board establishes Annual Estimated Expenses; Neighborhood Assessment = (Total Parcels in Neighborhood / Total Parcels in all Neighborhoods) × Annual Estimated Expenses (Master Declaration §5.2)

Special assessments

Yes, if Annual Estimated Expenses are inadequate; supplemental assessments determined by same formula (Master Declaration §5.2: "the Board of D)

Collections & liens

Unpaid assessments become a continuing lien on the Parcel, subordinate only to real estate taxes and first mortgage liens; personal obligation of Owner (Master Declaration §5.1)

Reserves & fees

Allowed as part of Annual Estimated Expenses (Master Declaration §5.2: "may include re)

Signs & flags

Signage subject to approval of Planning Director of Whitestown (Trailside); Master Association may approve Neighborhood entry signs (Trailside PUD Statement, page 4, §6; Mas)

Setbacks / home size

Traditional: front 25 ft, side 6 ft, rear 20 ft, building separation 12 ft. Cottage: front 15 ft, side 5 ft, rear 25 ft (from alley center), building separation 10 ft. Townhome: front 15 ft, side N/A, rear N/A, building separation 20 ft. (Trailside PUD Statement, tables on pages)

Use restrictions

Implied; permitted uses from zoning districts are residential. (Trailside PUD Statement, page 5, §II)

Voting & meetings

During Declarant Control Period, Class A (Declarant) has all voting rights. After, each Neighborhood Association (Class B) has one vote. (Master Declaration §4.2)

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