Bradford Place (IN)

Key facts from Bradford Place (IN)'s documents

Reflects the 1977 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential community with permanent common areas and community facilities (Declaration preamble)

Legal name

Bradford Place

Units / lots

105 lots (Supplemental Declaration Article I Secti)

Developer / declarant

Bradford Development Corporation (Declaration preamble)

Governing law

Indiana Not-for-Profit Corporation Act of 1971, as amended (Declaration Article I Section 1)

Assessments & dues

Maximum $60.00 per lot per year until January 1 after first lot conveyance. (Declaration Article IV Section 3)

Special assessments

Allowed for capital improvements with 2/3 vote of each class. (Declaration Article IV Section 4)

Collections & liens

Assessments are a continuing lien on the lot; personal obligation; Association may foreclose. (Declaration Article IV Section 1 and Sec)

Reserves & fees

Interest at 6% per annum after 30 days overdue. (Declaration Article IV Section 8)

Pets

Domestic animals allowed, but no non-domestic animals, no commercial breeding, and no nuisance. (General Rules Article IV)

Leasing & rentals

Owner may lease a Lot and improvements to a single family. (Declaration Article XI Section 1(a))

Architectural approval

Any exterior alteration, improvement, change in paint colors, excavation, etc. requires prior written approval of Architectural Review Board. (Declaration Article X Section 3)

Use restrictions

All property designated for residential use shall be used exclusively for residential purposes. (Declaration Article XI Section 1(a))

Voting & meetings

Class A members (owners) – one vote per lot; Class B member (Declarant) – three votes per lot. (Declaration Article III 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.