Cumberland Lakes

Key facts from Cumberland Lakes's documents

Community type

Homeowners Association (Declaration, Article 1.4 (definition of )

Units / lots

Section 2: 38 lots; Section 3: 33 lots; overall total not provided in document (Exhibit A: '38 LOTS NUMBERED: 24-53' and)

Governing law

Indiana not-for-profit corporation law (Declaration, Article 1.2 (Articles of In)

Assessments & dues

Minimum $135.00 per Lot per year; Board sets actual amount based on budget (Article 3.2)

Special assessments

Allowed for operating deficits (Board's option); also for individual damage caused by Owner (Article 3.6 (Special Assessment – Operat)

Collections & liens

Assessments become lien after 30 days delinquency; Association may record lien and foreclose as real property mortgage (Article 3.8, 3.9)

Reserves & fees

Annual assessment may include reasonable addition to reserves (Article 3.3 (part of annual assessment c)

Pets

Yes; dogs, cats, caged birds, aquarium fish, other domestic pets (not for commercial purposes) kept according to Association rules (Article 4.4(B))

Leasing & rentals

Not explicitly prohibited; reference to 'for rent' signs implies leasing may occur (Article 4.4(F) (sign for sale or rent))

Parking & vehicles

Prohibited unless enclosed in garage (commercial vehicles, trucks over 1 ton) (Article 4.4(D))

Fences

No fence in front yard (closer to street than primary rear wall); rear yard fences must be wood split rail or post and board; pool fences within 30 ft of pool may be other design as required by authorities (Article 4.4(L))

Architectural approval

Yes; for any building, fence, wall, other structure, or exterior addition/change/color (Article 8.1)

Home business

No professional or custom home industry without written Board approval (Article 4.3)

Signs & flags

No signs except one temporary real estate sign not exceeding 6 sq ft; Builders may erect signs authorized by Developer (Article 4.4(F))

Maintenance

Owner (implied as part of Dwelling Unit maintenance) (Article 10.4 (Dwelling Unit insurance ow)

Insurance

Set by Board as determined necessary (Article 10.3)

Use restrictions

Yes; all Lots for private residential purposes exclusively (Article 4.3)

Voting & meetings

Class A: each Owner (except Developer) one vote per Lot; Class B: Developer with 75% of total voting power until conversion (Article 2.2)

Amenities

Common Property includes playgrounds, entrance walls, lakes, ponds, drainage ways, parking areas, pathways, recreational facilities, fences, irrigation systems (Article 1.8 (Common Property definition))

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