Eagles Knoll Hpr

Key facts from Eagles Knoll Hpr's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (Condominium) (Paragraph 2: Declarant hereby expressly )

Units / lots

4 initially in Section 1; up to 64 total (Original para 3: 'There are 4 dwelling u)

Developer / declarant

Holiday Homes Corporation (First sentence: 'THIS FIRST AMENDED DECL)

Governing law

Horizontal Property Act of the State of Indiana, Acts 1963, Chapter 349, Sections 1 through 31, as amended (Paragraph 1(a): 'Act' means the Horizont)

Age restriction

Not present

Assessments & dues

By Association as Common Expenses for upkeep, maintenance, repair, replacement of Common Areas and Limited Areas (Paragraph 1(f) and paragraph 14: 'Mainte)

Special assessments

Not explicitly mentioned; Common Expenses may include special assessments as needed (Paragraph 1(f): 'Common Expenses' includ)

Collections & liens

Association may place a lien on the Dwelling Unit and foreclose for unpaid Common Expenses (Paragraph 29: 'Nor does the Association )

Leasing & rentals

Not explicitly addressed; tenants are subject to Declaration and By-Laws (Paragraph 24: 'All present and future Ow)

Fences

Decorative walls and fences are limited common areas appurtenant to specific units (Paragraph 7(c): 'The patios, balconies, )

Architectural approval

Yes, prior written approval of Board of Managers required for alterations or additions to Common Areas or Limited Areas; no alterations affecting safety or structure (Paragraph 15: 'No Owner shall make any a)

Maintenance

Association responsible (exterior of each Dwelling Unit includes roof) (Paragraph 14 (exterior maintenance) and )

Insurance

Fire and extended coverage insurance on Dwelling Units equal to full replacement cost; comprehensive public liability insurance (Paragraph 18: 'The Co-Owners shall obtai)

Use restrictions

Implied; no explicit statement but property is for dwelling units (Paragraph 1(j) and (k) define 'Dwelling )

Voting & meetings

Percentage Vote equals Percentage Interest; each unit has equal vote initially (Paragraph 1(s): 'Percentage Vote ... sha)

Amendments

Notice, resolution by Board or owners of majority of Percentage Vote, meeting, adoption by majority of Percentage Vote; certain provisions require 60% of Co-Owners and Mortgagees or unanimous Mortgagee approval; must be recorded (Paragraph 23(a)-(d): 'Notice... Resoluti)

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