Meridian Village (IN)

Key facts from Meridian Village (IN)'s documents

Legal name

Park Meridian Homeowners’ Association, Inc. (Recital D and Section 1.2)

Developer / declarant

Buckingham Meridian, LLC, an Indiana limited liability company (Introductory paragraph)

Special assessments

May be levied for capital improvements, repairs, etc. Requires assent of more than 2/3 of votes of each class. (Section 5.7)

Collections & liens

Assessments constitute a continuing lien on each Lot. Association may foreclose, recover attorneys' fees, and seek appointment of receiver. (Section 5.1, Section 5.12)

Reserves & fees

Replacement Reserve Fund shall be established and maintained for maintenance, repair, and replacement of Common Area improvements. (Section 5.15)

Pets

Up to three common household pets (dogs, cats) permitted. No breeding for commercial purposes. Must be leashed, waste cleaned. Fine up to $50 for waste violation. (Section 6.9)

Use restrictions

Property shall be used exclusively for residential purposes except as provided in Section 6.31. (Section 6.1)

Amendments

Material amendment/extraordinary action requires consent of at least two-thirds (2/3) of each class of Members voting at a meeting with quorum; notice 25-50 days in advance. (Section 4.2(f) (for transfers) and Secti)

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