Hayden Run

Key facts from Hayden Run's documents

Community type

Covenant / Planned Community

Legal name

Hayden Run Property Ownership

Units / lots

Section 1 consists of 22 Lots numbered 1-22; Hayden Run may consist of not more than 70 Lots numbered 1 through 70 inclusive (Paragraph 3 and Paragraph 4 (pages 11-12)

Assessments & dues

Regular Assessment set annually based on proposed annual budget adopted by majority vote of Owners present or proxy at annual meeting. Budget may be amended at meeting. (Paragraph 18(b) (pages 29-31))

Special assessments

Board of Directors may impose Special Assessments without Owner approval for unusual or extraordinary Common Expenses, capital expenditures, or repair/reconstruction from casualty if insurance insufficient. (Paragraph 18(d) (page 34))

Collections & liens

Unpaid Regular, Special, and Additional Assessments constitute a lien on the Owner's Lot and Dwelling Unit, which may be foreclosed as a mortgage on real property. (Paragraph 18(g) (pages 38-39))

Reserves & fees

Replacement reserve fund established; prior to Applicable Date, 10% of Regular Assessment deposited until balance reaches $25,000, then ceases until expenditures made; after Applicable Date, always 10% deposited. (Paragraph 18(f) (pages 36-37))

Pets

Pet dogs, cats or customary household pets may be kept in a Dwelling Unit, provided not kept for commercial purpose and does not create a nuisance. (Paragraph 22(f) (page 46))

Home business

Lawful home offices and home business activities permitted if: (i) no significant increased traffic, (ii) no exterior signs/advertising, (iii) complies with zoning, (iv) does not violate other provisions, (v) Owner maintains insurance, (vi) (Paragraph 22(h) (page 47))

Signs & flags

One sign not more than 6 square feet may be displayed for sale; no other signs without ARC consent. Declarant may use larger signs during sale/development. No awnings, canopies, shutters, antennas, etc. without ARC consent. (Paragraph 22(e) (page 46))

Use restrictions

All Lots and Dwelling Units shall be used exclusively for residential purposes and for occupancy by a single family. No Lot shall be subdivided. (Paragraph 22(a) (page 45))

Voting & meetings

Class A Members (all Owners except Class B): one vote per Lot. Class B Members (Declarant and designees): four votes per Lot until Applicable Date. (Paragraph 11(b)(i) and 11(b)(ii) (pages )

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