Branches Homeowners' Association, Inc.

Key facts from Branches Homeowners' Association, Inc.'s documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Article II, Section 2.1: "All Lots shall)

Governing law

Indiana Nonprofit Corporation Act of 1991, as amended (Article I, Section 1.2)

Special assessments

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

Collections & liens

Assessments are a lien on the Lot; personal obligation of Owner; sale or transfer does not relieve liability; mortgage foreclosure extinguishes prior assessments (Article V, Section 5.2)

Reserves & fees

Budget may include allowances for contingencies and reserves (Article V, Section 5.4: "together with a)

Pets

Animals and pets allowed but subject to restrictions (no specific count or breed limits stated) (Article VII, Section 7.5)

Leasing & rentals

Not explicitly addressed in excerpt; occupants bound by rules (Section 7.32); leasing appears permitted but terms not detailed (Article VII, Section 7.32 Occupants Boun)

Parking & vehicles

Temporary and non-recurring only; no more than 12 consecutive hours; no more than 3 times per calendar year via random inspections; requires 24-hour advance notice to management (Parking Rules Sections A.1, A.2, B)

Fences

Fences are subject to restrictions (Article VII, Section 7.23) (Article VII, Section 7.23 Fences)

Architectural approval

Architectural Control Committee appointed by Board; any improvement, alteration, or addition requires prior written approval (Article VI, Sections 6.2, 6.4)

Signs & flags

All signs subject to restrictions; no signs permitted except approved by Architectural Control Committee (Article VII, Section 7.3)

Use restrictions

All Lots restricted exclusively to single-family residential use (Article II, Section 2.1)

Amendments

Declaration may be amended by affirmative vote of 2/3 of Members; Developer may amend during Development Period without Member vote (Article IX, Section 9.2)

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