Crystal Bay (IN)

Key facts from Crystal Bay (IN)'s documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

92 maximum (Article IX, Section 1: 'total number of )

Developer / declarant

R & P Enterprises, Inc., d/b/a R. . Milhouse

Assessments & dues

Initially not to exceed $55.00 per Lot per month during first year (Article VII, Section 10: 'total Assessme)

Special assessments

Requires approval of two-thirds (2/3) of the Owners (Article VII, Section 5)

Collections & liens

Assessment becomes a lien on the Lot; Association may foreclose; lien subordinate to prior mortgages (Article VII, Sections 3 and 8)

Reserves & fees

Budget includes 'reserves for periodic repair and replacement of the Common Property' (Article VII, Section 4)

Pets

Small pet dogs, cats, customary household pets allowed in a building; no farm animals, fowl, domestic animals for commercial purposes (Article IV, Section 1 and Section 14(d))

Leasing & rentals

Yes, but minimum lease term of six months (Article III, Section 1: 'No lease on any)

Parking & vehicles

Not explicitly restricted for streets; but no parking on Common Driveways on regular basis; also in Section 14(i): 'parking of any type or kind of vehicle shall not be permissible upon the streets' (Article IV, Section 4 (Common Driveways))

Architectural approval

Yes, for buildings, structures, driveways, fences, walls, patios, swimming pools, landscaping, antennas, etc.; approval by Building Committee (Article VI, Section 1)

Home business

Prohibited: 'No business buildings shall be erected... no commercial enterprise may be conducted' (Article III, Section 1)

Setbacks / home size

Finished and livable floor area not less than 1,200 square feet (exclusive of one-story open porches and garages) (Article III, Section 5)

Maintenance

Owner responsible for interior of his Lot and improvements; Association responsible for exterior portions (paint, brick, siding, roofing, downspouts, gutters, shutters, porches, canopies), Driveways, and landscaping. Party walls shared equa (Article V, Section 2)

Insurance

Master casualty insurance on all Improvements on all Lots (fire and extended coverage, replacement cost); master policy for Common Property (fire, extended coverage, flood if applicable); public liability insurance ($3M personal injury, $1M (Article V, Section 3; Article VIII, Sect)

Use restrictions

Real Estate used for residential purposes; no commercial enterprise; one family per lot (Article III, Section 1)

Voting & meetings

One vote per Lot; collective ownership treated as one member (Article VIII, Section 1: 'each member ha)

Amendments

Requires recommendation by Board, approval by 75% of Owners and 90% of Mortgagees; also written approval of Declarant while owns Lots; recorded (Article VIII, Section 3)

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