Brookstone Park of Carmel

Key facts from Brookstone Park of Carmel's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential subdivision (Article I, WHEREAS clauses)

Legal name

Brookstone Park of Carmel

Developer / declarant

Brookstone Park of Carmel, LLC (Opening; Section 2.7)

Assessments & dues

Maximum Regular Yearly Assessment until January 1 after first Lot conveyance is $312.00 per Lot per year (Section 5.2(a))

Special assessments

Yes, for capital improvements or operating deficits, with approval of two-thirds of votes cast in person or by proxy at a meeting (Section 5.4)

Reserves & fees

Yes, a portion of Regular Yearly Assessments may be set aside for repair and replacement of Common Area (Section 5.2)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Lot owned; Class B (Declarant) – five votes per Lot owned until conversion (Section 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.