Park Hoover Village Condo

Key facts from Park Hoover Village Condo's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Park Hoover Village Condominium Association, Inc. (Section 1.2)

Units / lots

162 (WHEREAS paragraph 2: "one hundred sixty-)

Governing law

Indiana Horizontal Property Act, Indiana Code §32-1-6-1 et seq. (now codified at §32-25-1-1 et seq.) (WHEREAS paragraph 1)

Insurance

Unit Owner must maintain HO-6 policy covering wall coverings, floor coverings, personal property, comprehensive personal liability, Association deductible reimbursement, and loss assessment; Association must be listed as Additional Insured. (Section 8.6)

Voting & meetings

One vote per Unit owned; multiple owners of a Unit have one vote; no cumulative voting. (Section 15.5(a) and (b))

Amendments

Requires at least 51% of the votes of the entire membership; proposed by Board or by members holding at least 10% of total percentage interest; amendment effective when recorded. (Section 12.1)

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