Feather Run

Key facts from Feather Run's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Feather Run Owners Association

Developer / declarant

Sentry Development Inc

Assessments & dues

Guaranteed not to exceed $180.00 per year until 1 year after execution or management agreement termination (whichever earlier). Thereafter, annual increase up to 20% on January 1. (Paragraph 15(e))

Special assessments

Requires assent of two-thirds (2/3) of votes of each class of members voting in person or by proxy at a meeting. DECLARANT-SENTRY cannot vote as proxy on special assessments. Board may make special assessments for capital expenditures and r (Paragraph 15(d))

Reserves & fees

May be established in annual budget for capital expenditures and replacement of Common Areas and Common Expense Areas. Must be maintained in separate interest-bearing account(s) in banks or savings associations in Marion County. (Paragraph 15(b))

Pets

Customary household pets (dogs, cats, etc.) may be kept, provided not for commercial purpose and not creating a nuisance. No pot-bellied or midget pigs, exotic animals, or livestock. Pets must be on leash when outdoors and attended. Owner l (Paragraph 19(e))

Leasing & rentals

Yes, but entire Dwelling Unit must be leased under written lease that is subject to the Declaration. No transient or hotel purposes. (Paragraph 19(m), (n))

Parking & vehicles

No outdoor parking of boats or RVs (Paragraph 19(q)). Also, no gasoline engine boats, pontoon boats, or boats over 12 feet on Lake (Paragraph 19(j)). (Paragraph 19(q), 19(j))

Architectural approval

No improvements, alterations, repairs, excavation, changes in grade, or work altering exterior of any Lot or improvements shall be made without prior written approval of the Architectural Review Board. (Paragraph 14(c))

Home business

No industry, trade, or other commercial or religious activity, educational or otherwise, designed for profit, altruism, or otherwise, shall be conducted. (Paragraph 19(g))

Signs & flags

No 'for sale,' 'for rent,' or 'for lease' signs, or other signs, window or advertising display without prior consent of Board. Declarant and Board may place signs. (Paragraph 19(h))

Use restrictions

All Lots and Dwelling Units shall be used exclusively for residential purposes and for occupancy by a single family. (Paragraph 19(a))

Voting & meetings

Two classes: Class A (all Owners except Declarant) – 1 vote per Lot; Class B (Declarant and successors) – 4 votes per Lot until Applicable Date. Multiple owners of a Lot have 1 vote collectively. (Paragraph 8(b))

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