Village in Burns Harbor Property Owners Association

Key facts from Village in Burns Harbor Property Owners Association's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners Association – HOA for a traditional neighborhood development (Page 1, 'The Village in Burns Harbor Pro)

Governing law

Indiana Code (references chapter 23-17-20 for sale of Commons; general construction under Indiana law) (Page 5 (Village Book), 'chapter 23-17-20)

Assessments & dues

Board adopts budget and allocates assessments to Owners. Assessments may be common or zone-based. (Village Book Page 30 (Chapter 5 Part I),)

Special assessments

Allowed. For unanticipated expenses or to fund repairs not covered by insurance or reserves. (Village Book Page 31, 'Unanticipated or )

Collections & liens

Assessments become a lien on the Owner's lot, collectible as set out in the Declaration. (Declaration Page 8, 'the cost of the rep)

Reserves & fees

Yes, reserves for repair and replacement of Commons improvements should be maintained. (Village Book Page 6 (Chapter 2), 'second)

Pets

Yes, subject to rules in Chapter 4 and Association regulations. (Village Book Table of Contents, 'Pets' i)

Leasing & rentals

Yes, property can be leased (ownership transfer allowed, implied by 'transfer fees'). (Village Book Table of Contents, 'Transfe)

Parking & vehicles

Regulated by Association. (As above)

Fences

Fences, gates, privacy walls subject to VARC approval. (Village Book Page 14 (Chapter 3), 'priva)

Architectural approval

Yes, all plans and specifications for construction, modification, landscaping, etc. must be approved by VARC before commencement. (Village Book Page 14 (Chapter 3), 'All p)

Home business

Not explicitly prohibited; likely subject to nuisance restrictions.

Signs & flags

Subject to VARC approval. Founder and its assigns may maintain signs on Commons and models advertising the Village. Owners must get VARC approval for any signage. (Declaration Page 5, 'Founder or its assi)

Setbacks / home size

Governed by Village Design Code and governmental setback requirements, with yard easements up to 4 feet. (Village Book Page 8 (Chapter 2), 'yard e)

Insurance

Each Owner must obtain casualty insurance on their Parcel improvements at least 80% of replacement cost. (Village Book Page 9 (Chapter 2), 'Each O)

Use restrictions

Prohibited; Association can enforce covenants to prevent nuisance. (Village Book Chapter 4 Part II, 'Use of )

Voting & meetings

Parcel Owners vote; each Parcel has votes as provided in the Village Book (not specified). Amendments require 2/3 of votes in Association. (Page 1, 'approval in writing by Parcel O)

Amendments

Amendment requires instrument signed by President/VP and Secretary certifying approval by 2/3 of Parcel Owners' votes. Rights reserved to Founder cannot be amended without Founder's specific consent. Founder may unilaterally amend to confor (Declaration Page 7, Article VI; Page 7, )

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