Kensington (IN)

Key facts from Kensington (IN)'s documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Section 1.2 defines Association as homeo)

Units / lots

Not fixed number; determined by number of Lots shown on Plat (Section 1.12, Section 5.6 (total number )

Developer / declarant

Lennar Homes of Indiana, Inc., a Delaware corporation (Recitals, before Recitals section)

Governing law

Indiana Nonprofit Corporation Act of 1991, as amended (Section 1.2)

Assessments & dues

Amount established by Board; not specified in this document. (Section 5.7, Section 5.8)

Special assessments

Board may levy special Assessments if annual Assessments insufficient or for unanticipated Common Expenses. (Section 5.11)

Collections & liens

Unpaid Assessment becomes a lien on the Lot; Association may bring action to enforce or foreclose. Lien subordinate to prior recorded mortgages. (Section 5.4, Section 5.5, Section 5.17(a)

Reserves & fees

Mentioned as allowance in budget; also Association holds reserve funds. Fidelity bond required for sum of 1 year's assessment plus reserve funds. (Section 5.7, Section 4.3)

Pets

Animals and Pets: Section 7.12 (allowed but subject to rules; no specific count or breed limit stated in excerpt). (Section 7.12)

Parking & vehicles

Parking and Prohibited Vehicles: Section 7.10. (restrictions on parking, prohibited vehicles). (Section 7.10)

Fences

Fences: Section 7.27 (requires architectural approval). (Section 7.27)

Architectural approval

Committee to approve or disapprove within 30 days after submission of completed plans. If Owner fails to submit requested materials, application considered not approved after 30 days. (Section 6.2)

Signs & flags

Awnings and Window Screens: Section 7.8. Signs: Section 7.9 (prohibits signs except for sales by Declarant or approved by Committee). (Section 7.8, Section 7.9)

Maintenance

Owner's responsibility (not explicitly stated but covered under maintenance of exterior of Dwelling Unit). (Section 4.2(b))

Insurance

Association shall maintain commercial general liability insurance and may maintain fire and extended coverage, officers/directors insurance, fidelity bond. (Section 4.3)

Use restrictions

Lots restricted to single-family residential use. (Section 2.1, Section 7.2)

Voting & meetings

One vote per Lot (if multiple owners, collectively one). Declarant gets one vote per Lot plus four additional votes per Lot owned by another Owner. (Section 4.1)

Amendments

Amendment by Supplemental Declaration: requires execution by Declarant or Association; after Development Period, annexation requires 2/3 vote of Members. General amendment provisions in Article IX. (Section 2.4, Article IX Section 9.2)

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