Prairie View All

Key facts from Prairie View All's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Prairie View Homeowners Association, Inc.) (Recital F & Definition of 'Corporation')

Developer / declarant

BDC/Cardinal Associates, LP, an Indiana limited partnership (Preamble, Declaration)

Assessments & dues

Set by Board of Directors via annual budget; uniform rate per Lot for General Assessment (Paragraph 17(b)(ii)(1) and (j))

Special assessments

Permitted for unanticipated expenses (Special Assessments and Special Parcel Assessments) (Paragraph 17(d)(iii) and (g))

Collections & liens

Assessments are a continuing lien on the Lot; subordinate to first mortgage. Corporation may take legal action including foreclosure. (Paragraph 17(a) and (h))

Reserves & fees

Reserve for Replacements established for periodic maintenance and replacement of Community Area and Common Facilities (Paragraph 16(e) and 17(c))

Fences

Subject to ARC approval; must be included in Lot Development Plan (Paragraph 18(c))

Architectural approval

Yes, Architectural Review Board approval required for all exterior changes, construction, landscaping, etc. via Lot Development Plan (Paragraph 18(c) and Supplemental Declara)

Home business

Only home occupations incidental to a business conducted primarily elsewhere are allowed; no signs for home occupation (Paragraph 20(a)(i))

Signs & flags

Generally prohibited except by Declarant, Designated Builders during construction/sale, and signs on Community Area (Supplemental Declaration §5(b))

Setbacks / home size

One-story: 2,400 sq ft ground floor; multi-story: 1,500 sq ft ground floor and total at least 2,400 sq ft (Supplemental Declaration §4(b))

Maintenance

Owner maintains Lot and improvements; Association maintains Community Area (Lake, Ponds, Private Drives, Entry Ways, Community Center, Parks, Commons, Paths, Path Lights, Street Trees, etc.) (Paragraphs 4-12, 19)

Use restrictions

Lots may be used only for residential purposes; one Residence per Lot (Paragraph 20(a)(i) and Supplemental Decl)

Voting & meetings

As specified in Articles and ByLaws; single class of members (Paragraph 16(d))

Amendments

Before Applicable Date, Declarant may amend; after, by 2/3 vote of Members and 2/3 vote of Mortgagees (based on one vote per first mortgage) (Paragraph 32)

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