Country Fields at Fishers Hpr

Key facts from Country Fields at Fishers Hpr's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (condominium) (Para 2, Page 8)

Legal name

Country Fields at Fishers Horizontal Property Regime

Developer / declarant

Hills Communities, Inc., an Ohio corporation (Page 5, recitals)

Governing law

Horizontal Property Law of the State of Indiana, Acts 1963, Chapter 349, Sections 1 through 31, as amended (Para 1(a), Page 5)

Assessments & dues

Common Expenses assessed by the Corporation as per the Declaration and By-Laws; all sums lawfully assessed against Members (Para 1(h), Page 7; Para 12, Page 11)

Special assessments

Assessment for casualty reconstruction costs in excess of insurance proceeds (Para 16(b), Page 16)

Collections & liens

Assessments for common expenses constitute a lien from the time of assessment as provided in the Declaration and the Act (Para 16(b), Page 16; Para 27, Page 26)

Reserves & fees

Board may retain surplus insurance proceeds as a reserve (Para 16(g)(iv), Page 18)

Architectural approval

Prior written approval of Board of Directors required for any alteration affecting Common Areas or Limited Areas, or affecting safety/structural integrity, or changing color of Common/Limited Areas (Para 14, Page 12)

Maintenance

Association (exterior surfaces of roofs are Common Areas) (Para 6(2), Page 9)

Insurance

Master casualty insurance (fire and extended coverage) for full replacement value of improvements in Common/Limited Areas; master comprehensive public liability insurance; other insurance required by law (Para 15, Pages 12-15)

Use restrictions

Each Condominium Unit limited to residential use (Para 17, Page 18 (referencing By-Laws))

Voting & meetings

Percentage Vote equal to Percentage Interest of each unit; each Owner casts Percentage Vote (Para 8, Page 10)

Amendments

75% vote of Percentage Vote; special amendments require 100% Co-owners or unanimous Mortgagees; Declarant may amend alone before Applicable Date for limited purposes (Para 18, Pages 19-20)

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