Autumn Ridge Hpr

Key facts from Autumn Ridge Hpr's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (condominium) (Preamble, Section 1(a))

Legal name

Autumn Ridge Association, Inc.

Developer / declarant

Old Farm, Inc.

Governing law

Horizontal Property Act of the State of Indiana, I.C. 32-1-6-1, et seq. (Section 1(a))

Assessments & dues

Board proposes an annual budget; Owners approve it before the start of each fiscal year. (Section 14.D)

Special assessments

May be imposed if annual assessments insufficient; requires approval of two-thirds of Owners present or represented at a special meeting. (Section 14.E)

Collections & liens

Unpaid assessments become a continuing lien on the Dwelling Unit, subordinate to first mortgages; Association may foreclose. (Section 14.C, 14.H)

Reserves & fees

Annual budget shall include a reasonable allowance for contingencies and reserves as the Board deems appropriate. (Section 14.D)

Pets

Dogs, cats, and other customary household pets may be kept, but not for commercial purposes. (Section 11.F)

Leasing & rentals

Leasing permitted with a minimum term of one year. (Section 11.A, Section 21)

Architectural approval

Board prior written approval required for any alterations, additions, improvements to Common Areas or landscaping; also for any exterior attachments (signs, awnings, antennas, etc.). (Section 11.E, Section 13)

Home business

Allowed only if permitted under the Residential Zoning Ordinance of Hendricks County, Indiana. (Section 11.I)

Maintenance

Roofs are part of General Common Areas (Section 4.F) and thus maintained by Association. (Section 4.F, Section 12.A)

Insurance

Fire and extended coverage insurance on all Dwelling Units, fixtures, appliances and improvements sold by Declarant, and Common Areas, in an amount equal to full replacement cost. (Section 15.A)

Use restrictions

All Dwelling Units shall be used exclusively for residential purposes and occupancy by a single family. No group homes. (Section 11.A)

Voting & meetings

Each Dwelling Unit has one vote (Percentage Vote equal to Percentage Interest, which is equal for all units). (Section 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.