Beachplace

Key facts from Beachplace's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Beachplace

Developer / declarant

Beachplace Associates, Inc., an Indiana corporation (Preamble)

Assessments & dues

Maximum $900.00 per Lot until January 1 of year following first Lot conveyance to Owner (Article VII Section 3)

Pets

Yes, dogs, cats, or other household pets may be kept, provided not for commercial purpose and are reasonable size and number. Board's decision on reasonableness final. Any mess outside must be promptly cleaned up. No livestock or poultry. (Article XIV Section 1)

Leasing & rentals

Implicitly allowed; Owner may delegate use to tenants or contract purchasers who reside on the property. (Article IV Section 2)

Architectural approval

If Board or committee fails to approve or disapprove within 30 days after submission, approval not required and Article deemed complied with. (Article XII)

Insurance

Each Owner may obtain additional insurance on personal property, contents, betterments, and personal liability at own expense, but such insurance must contain waiver of subrogation as in master policy. No Owner or mortgagee (except Associat (Article X Section 5)

Voting & meetings

Two classes: Class A - Owners (1 vote per Lot owned; if multiple owners, they determine how vote cast, but no more than 1 vote per Lot); Class B - Declarant (3 votes per Lot owned). Class B membership converts to Class A when total Class A (Article VI Sections 1-2)

Amendments

Within 10 years of recordation: amendment by majority of Owners. Thereafter: amendment by 75% of Owners. Declarant's rights cannot be amended without Declarant's written approval. Declaration runs for 20 years, auto-renews for successive 10 (Article XVI 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.