Bay Point (IN)

Key facts from Bay Point (IN)'s documents

Reflects the 1986 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Bay Point Homeowners Association, Inc.

Developer / declarant

Timber Park Development Corp.

Assessments & dues

Maximum $50 per month per Lot until January 1, 1987 (Article VIII, Section 3(a))

Special assessments

For capital improvements or operating deficits with majority vote of members (Article VIII, Section 4)

Collections & liens

Unpaid assessment becomes a continuing lien; Association may foreclose and include interest and attorneys fees (Article VIII, Sections 1 and 8)

Reserves & fees

Portion of monthly assessments set aside for repair and replacement of Common Areas (Article VIII, Section 3(e))

Pets

Dogs, cats or other household pets allowed but not for commercial breeding or maintenance (Article VI, Section 2)

Fences

Fences are structures subject to architectural approval; within D.U.&S. Easements, fences are allowed but subject to removal by utilities (Article VI, Section 1 and Article XII, S)

Architectural approval

Prior written approval required for any building, fence, wall, structure, addition, or exterior change (Article VI, Section 1 and Article XIV)

Setbacks / home size

700 square feet minimum finished floor area, exclusive of open porches, garages, carports; two-story requires at least 400 sq ft on first floor (Article VI, Section 1(c))

Maintenance

Owner: interior, HVAC, windows, doors, and other improvements on Lot unless otherwise provided. Association: exterior maintenance of roofs, gutters, downspouts, building surfaces, lawns, shrubs, trees, trash removal, snow removal on paved s (Article X, Sections 1, 2, 3, 4)

Use restrictions

All Lots shall be used exclusively for residential purposes (Article IV, Section 2)

Voting & meetings

Class A: one vote per Lot; Class B: Declarant three votes per Lot, ceases when Class A votes equal Class B or Jan 1, 1988 (Article VII, Section 2)

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