New England Way South HOA

Key facts from New England Way South HOA's documents

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

Community type

Homeowners Association (HOA) – The Village of Heritage Hill Community Association, Inc. (Declaration Article I(b))

Legal name

New England Way South HOA

Units / lots

At least 25 lots (Lot 25 specifically excepted from the land description); exact count not stated (Exhibit A land description exception of )

Developer / declarant

Rolling Hills, LLC

Governing law

Indiana not-for-profit corporation law (implied) (Declaration references Articles of Incor)

Assessments & dues

Not fixed; determined periodically by the Board of Trustees (Declaration Article IV, Section 5)

Special assessments

Allowed for capital improvements or unexpected repairs; requires approval of 51% of Class A Members plus Class B Member vote during Development Period. May be levied in any assessment year. (Declaration Article IV, Section 4)

Collections & liens

Assessments become a continuing lien on the Lot; Association may foreclose the lien; personal obligation of Owner also; lien subordinate to first mortgage; sale or transfer does not affect lien; foreclosure sale extinguishes lien until new (Declaration Article IV, Sections 1, 8, a)

Reserves & fees

Annual Assessment may be used to provide an adequate reserve fund for future use for common area improvements and maintenance (Declaration Article IV, Section 2)

Pets

Yes, dogs, cats, caged birds, and similar domestic pets allowed. No commercial breeding or boarding. (Declaration Article VIII, Section 6)

Parking & vehicles

Prohibited for more than 24 hours. (Declaration Article VIII, Section 7)

Home business

Permitted only if allowed by Hendricks County Zoning Ordinance home occupation guidelines; otherwise prohibited. (Declaration Article VIII, Section 1)

Signs & flags

Only permitted: (a) street/identification signs installed by Association/Declarant; (b) one temporary real estate sign not exceeding 5 sq ft, erected on the lot; (c) post office house number. No animated or illuminated signs. Declarant exem (Declaration Article VIII, Section 18)

Use restrictions

Lots shall be used only for single-family residential purposes; no business, trade, or profession except as allowed by Hendricks County Zoning Ordinance home occupation guidelines; Declarant/builders may use Living Units as models/offices. (Declaration Article VIII, Section 1)

Voting & meetings

Class A Members (all Owners except Declarant): one vote per Lot. Class B Member (Declarant): one vote during Development Period. After Class B terminates, Declarant becomes Class A with one vote per Lot owned. (Declaration Article III, Sections 1 and )

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