Deer Run (IN)

Key facts from Deer Run (IN)'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

Each Lot is divided into two Half-Lots, yielding up to 54 Half-Lots/Residential Units in Section One (Section 3.1: 'Each Lot shall be divided )

Developer / declarant

New Lifestyle Development, Inc., an Indiana Corporation (also referenced as New Lifestyles Development, Inc.) (preamble: 'by New Lifestyle Development,)

Governing law

Indiana nonprofit corporation law and Indiana Drainage Code of 1965, as amended (Section 7.1: 'mutual benefit and nonprof)

Assessments & dues

Not fixed; pro-rata share of annual budget adopted by Board for each fiscal year (Section 6.5: 'The Board of Directors ...)

Special assessments

Board may levy special assessments if annual assessments insufficient or for unanticipated Maintenance Expenses (Section 6.6: 'may ... levy such special )

Collections & liens

Assessments constitute a lien from due date; subordinate to mortgages recorded before due date; Association may foreclose; personal liability of Owner continues but foreclosure sale extinguishes lien for pre-sale payments unless assumed (Section 6.3; Section 6.9.1; Section 6.9.)

Reserves & fees

Annual budget must include reasonable allowance for contingencies and reserves; fidelity bond minimum = 3 months' assessments plus reserve funds (Section 6.5; Section 7.6)

Pets

Yes; dogs, cats and other household pets permitted, provided not kept for commercial purpose (Section 3.14: 'dogs, cats or other house)

Parking & vehicles

Campers, recreational vehicles, or boats of any kind may not be stored or parked on any Half-Lot outside the main dwelling or garage (Section 3.21)

Fences

Privacy fence no longer than 10 feet and no higher than 8 feet shall be constructed on each Lot and located between each Unit; original siteline obstruction rules still apply at street intersections (Amendment adding Section 3.27; Section 3)

Architectural approval

Yes; required before construction, additions, remodeling with exterior changes, fences, screens, walls, accessory buildings, pools, pool houses, pool fencing, and exterior surfaces (Section 4.2; Section 3.10; Section 3.11)

Setbacks / home size

Amended: minimum aggregate side yards on any Lot is 12 feet; no Unit located less than 6 feet from a Half-Lot line (Amendment replacing Section 3.4: 'The mi)

Maintenance

Association responsible for maintenance/repair of roofs as part of Common Maintenance Property (amended to include roofs) (Amendment replacing Sections 2.7.1 and 6)

Insurance

Public liability insurance minimum $1,000,000 per single occurrence; casualty/extended coverage equal to full replacement value of Drainage System, Detention Ponds and Common Area (Section 7.6)

Use restrictions

Yes; no Half-Lot shall be used except for residential purposes (Section 3.2: 'No Half-Lot shall be used )

Voting & meetings

Members are Declarant and Owners of Half-Lots; multiple owners of one Half-Lot treated collectively as one member for voting purposes (Section 7.2: 'in the event that any one )

Amendments

Association may amend upon Board recommendation and approval by Owners of at least two-thirds of Half-Lots and Mortgagees of at least two-thirds of Mortgagees requesting notice; amendment must be recorded and cannot alter Drainage System/De (Section 7.5; Section 9.11)

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