Cheswick Place

Key facts from Cheswick Place's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

M/I Homes of Indiana, LP, by M/I First Indiana, LLC (PREAMBLE, page 1)

Assessments & dues

Not fixed; set annually by Board per budget (Article VII Section 4)

Special assessments

Allowed for unanticipated expenses or capital expenditures (Article VII Section 5)

Collections & liens

Yes - unpaid assessments become a prior lien; may be foreclosed (Article VII Section 2)

Reserves & fees

Reserve Fund established per Article IX (Article II Section 28; Article IX)

Pets

Yes, but no breeding/commercial; must be restrained, not roam free; nuisance not allowed; pet waste removal required (Article IV Section 11)

Leasing & rentals

Yes, with restrictions: no home may be leased for longer than 6 months without HOA approval; no home sold for rental purpose (Article IV Section 29)

Parking & vehicles

Not generally prohibited, but Carriage Homes strongly discouraged from parking on street (Article IV Section 31)

Fences

Permitted only according to ACC standards; chain link or similar metal or wire fencing prohibited (Article IV Section 21)

Architectural approval

Yes - ACC approval required for any construction, additions, alterations, fences, etc. (Article VI Section 2)

Home business

Home office with no non-resident employees, customers, or parking allowed without Board approval (Article IV Section 13)

Signs & flags

Only: (i) Declarant marketing signs; (ii) street/ID signs by Association/Declarant; (iii) one ‘For Sale’ sign not exceeding 6 sq ft (Article IV Section 10)

Setbacks / home size

Construction no nearer than platted setback line unless variance approved by government and ACC (Article IV Section 7)

Maintenance

Association maintains Common Areas, streets, alleys, sewer/water lines, easements, drainage system; Owners maintain their lots (Article VII Section 1; Article IV Sectio)

Insurance

Association maintains public liability insurance (min $1,000,000 per occurrence) and property insurance on Common Areas against windstorm, vandalism, etc. (Article VIII Section 8)

Use restrictions

Yes - lots used for single-family residential purposes only (Article IV Sections 2,7)

Voting & meetings

One vote per lot; three classes: Class A (Carriage Home Lot owners), Class B (Village Home Lot owners), Class C (Declarant) (Article VIII Section 2)

Amendments

First 20 years: 50% of Lot Owners; thereafter: 66 2/3% of Lot Owners; amendments must be recorded. Declarant may amend while owning at least 32 lots without owner consent, subject to limitations. (Article VIII Section 7; Article IX Secti)

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