Greenbrooke

Key facts from Greenbrooke's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Governing law

IC 32-25.5-3-3 (Section 5.3(d))

Assessments & dues

Maximum Regular Yearly Assessment initially $400 per Lot per year; amount set by Board within that maximum. (Section 5.3(a), 5.3(d))

Special assessments

May be levied for capital improvements or operating deficits, requires approval of two-thirds of votes entitled to be cast by members present or proxy at a meeting duly called. (Section 5.4)

Reserves & fees

A portion of Regular Yearly Assessments may be set aside in a reserve fund for repair and replacement of Common Area and other capital improvements the Association is required to maintain. (Section 5.2)

Pets

Yes – domestic household pets traditionally kept in Indiana, must be kept reasonably confined so as not to become a nuisance. (Section 6.4)

Home business

Permitted only if allowed by zoning and complies with guidelines: conducted entirely within residence by immediate family, no sign or external indication, no commodity sold, no employees except family, no manufacturing, no customers on prem (Section 6.26)

Voting & meetings

Class A (all owners except Declarant): one vote per Lot; Class B (Declarant): three votes per Lot owned. Class B converts to Class A upon earlier of December 31, 2023, or when Class A votes equal Class B votes. Recommences if additional pla (Section 4.2)

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