Ashland (IN)

Key facts from Ashland (IN)'s documents

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

Community type

Covenant / Planned Community

Units / lots

Not explicitly stated; Section One is 32.893 acres; subdivision has multiple sections (Legal description (Exhibit A) gives acre)

Developer / declarant

Bay Communities, LLC

Assessments & dues

Board of Directors fixes annual assessment amount; notice given at least 30 days in advance (Section 10 and Bylaws Art. VII, Sec. 2(c)

Special assessments

Allowed for capital improvements or collection of damages against specific lots; uniform rate unless for enforcement against specific lot (Section 9 and Section 12)

Collections & liens

Assessment constitutes a lien on the lot, subordinate only to first mortgage; Board may foreclose after 60 days delinquency; personal obligation of owner (Section 14 and Bylaws Art. VII, Sec. 2(c)

Reserves & fees

2% per month on unpaid charges (Section 14 and Bylaws Art. XI)

Pets

Allowed with restrictions (Section 18: pets on leash or in fenced r)

Parking & vehicles

Prohibited: "No unlicensed vehicles, RV’S, trailers, boats or boat trailers may be stored outside" (Section 4)

Fences

Fences not nearer to front of home than rear foundation line (except decorative); front fences may be placed parallel to front foundation with approval; rear perimeter fences up to 4 ft; patio screens up to 6 ft; no fencing in floodway or e (Section 19.3 and 19.4)

Architectural approval

Prior approval required for any dwelling, building, fence, structure, addition, remodeling, reconstruction, or improvement (Section 19.1)

Home business

Prohibited: "no business may be conducted on any part thereof" (Section 4)

Setbacks / home size

Front building setback lines as shown on plat; minimum aggregate side yards 12 ft with no less than 6 ft on any one side. For multiple lots, based on combined width. (Section 3)

Maintenance

Owner: lot maintenance per Section 2. Association: common areas, ponds, paths, landscaping on common areas, perimeter fencing, street lights, snow removal supplement. (Section 2 and 5)

Insurance

Association must maintain fire and extended coverage insurance on insurable common property on current replacement cost basis at 100% of insurance value. (Section 16.4 (though paragraph numbering)

Use restrictions

All lots designated as residential; no business buildings or business conducted on any part (Section 4: "All lots... shall be known a)

Voting & meetings

Class A (homeowners): 1 vote per lot; Class B (Declarant): 3 votes per platted lot owned (Section 8.1 and 8.2)

Amendments

May be amended by owners of at least 2/3 of lots subject to restrictions (subject to mortgagee rights). Before all lots sold, Declarant's written approval required. Amendment must be written, signed, acknowledged, and recorded in Marion Cou (Section 30)

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