Eagles Nest (IN)

Key facts from Eagles Nest (IN)'s documents

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

Community type

single-family residential subdivision (Section 2.1: 'No structure shall be erec)

Legal name

Eagles Nest Homeowners Association, Inc.

Developer / declarant

PLATINUM PROPERTIES, LLC

Assessments & dues

$500.00 per Lot per year initially (Section 11.3(A): 'shall be Five Hundred )

Special assessments

May be authorized by vote of members (two-thirds of votes present and voting) for capital improvements, operating deficits, etc. (Section 11.5: 'Special Assessments ... s)

Collections & liens

Assessments, late fees, interest, and attorneys fees are a continuing lien on the Lot until paid; Association may initiate lawful action to collect (Section 11.10: 'shall be a continuing li)

Reserves & fees

Up to $50.00 (Section 11.11: 'a late charge not exceed)

Pets

Only usual household pets permitted (Section 6.1: 'No animals ... except the )

Parking & vehicles

Not permitted on streets; only allowed in closed garage (Section 6.14: 'camper, trailer, motor ho)

Architectural approval

Yes, for all exterior improvements including buildings, structures, fences, decks, driveways, swimming pools, basketball courts, landscaping, etc. (Section 7.9: 'No ... improvement of any )

Home business

Restricted home occupations allowed if: conducted within dwelling, no commodity sold on premises, no non-family employees, no manufacture/assembly; specifically prohibited: child day care, barber, hair styling, animal hospital, animal care (Section 6.6: 'Home Occupations' conditio)

Maintenance

Owner responsible for Lot and improvements; Association responsible for Common Areas (including Pool, Lake, Trail System, entrance monuments, signage, street signage, lighting, landscape maintenance access easements) (Section 5.8 (Owner duty) and Section 10.)

Use restrictions

Only single-family residences permitted on Lots (Section 2.1: 'No structure shall be erec)

Voting & meetings

Class A (each Lot one vote) and Class B (Declarant, three votes per Lot owned) until December 31, 2020 or when Class A votes exceed Class B (Section 10.4: 'Class A members shall be )

Amendments

By instrument recorded in Boone County, approved and signed by at least 75% of Owners; Declarant may amend unilaterally for 4 years after recordation if still owner; certain provisions require Declarant's written approval (rights/duties of (Article XVI and Article XVII)

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