Guion Creek Woods

Key facts from Guion Creek Woods's documents

Community type

Covenant / Planned Community

Units / lots

Maximum 144 Dwelling Units (Section 1(r) Conditional Plat: maximum o)

Assessments & dues

Regular Assessment A not to exceed $60/month and Regular Assessment B not to exceed $16/month during management agreement period (Guaranteed Charge), with up to 20% annual increase (Section 19(e) Regular Assessments Prior )

Special assessments

Board may make special assessments by resolution, becoming a lien on each Lot, for capital expenditures or uninsured casualty repairs (Section 19(d) Special Assessment)

Collections & liens

Assessment lien may be foreclosed; board can accelerate unpaid balance and seek appointment of receiver for rental collection; money judgment also available (Section 19(f))

Reserves & fees

May be established from Regular Assessment A for capital expenditures and replacement; held in separate interest-bearing account (Section 19(b) Proposed Annual Budget (re)

Architectural approval

Prior approval of Architectural Review Board required for any improvement, alteration, change in grade, change of exterior colors, etc. (Section 17(c) Conditions)

Maintenance

Corporation provides exterior maintenance: roofs, gutters, downspouts, exterior surfaces, exterior doors, patio fences (painting/staining). Owner responsible for glass, screens, door/window hardware, patios, interior patio areas, and all in (Section 16)

Insurance

Each Owner responsible for contents insurance and any additional coverage they deem necessary (Section 21(a) last paragraph)

Use restrictions

Not explicitly stated in provided text

Voting & meetings

Class A - one vote per Lot; Class B - four votes per Lot on Conditional Plat until Applicable Date (Section 11(b)(i) and (ii))

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