Roundtree Hpr

Key facts from Roundtree Hpr's documents

Reflects the 1978 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (Condominium) (Par. 2: 'the Property shall be a Horizon)

Governing law

Indiana Horizontal Property Act (referred to as 'the Act') (Passim, e.g., Par. 2; Article II referen)

Assessments & dues

Set annually based on budget approved by Owners (By-Laws Section 5.02-5.03)

Special assessments

Board may levy special assessments for unusual/extraordinary common expenses without Owner approval unless otherwise provided (By-Laws Section 5.04)

Collections & liens

Association has lien for unpaid assessments; may be foreclosed; Board may accelerate entire balance upon default (By-Laws Section 5.05)

Pets

Yes, dogs, cats, or customary household pets may be kept (By-Laws Section 6.01(e))

Leasing & rentals

Yes, but with prior written consent of Board of Managers; no lease longer than one year may be approved (By-Laws Section 6.01(a) (Declaration Par)

Parking & vehicles

No condition causing unsightly condition – general restriction (Section 6.01(h))

Fences

Owner may install fence at own expense; fence area is Limited Area for exclusive use but maintenance responsibility of Owner? (Par. 7(b)) (Declaration Par. 7(b): 'the Owner to who)

Architectural approval

No alteration affecting Common Areas or Limited Areas without prior written approval of Board; alterations within unit affecting structure also require approval (By-Laws Section 6.01; Declaration Par. 1)

Home business

No industry, trade, or commercial activity conducted for profit (By-Laws Section 6.01(i))

Signs & flags

No 'for sale', 'for rent', 'for lease' signs or other window/advertising displays without Board consent, except Declarant's sales signs (By-Laws Section 6.01(j))

Maintenance

Exterior surfaces of roofs are Common Area (Declaration Par. 6(2)) – Association maintains (Declaration Par. 6(2))

Insurance

Master property insurance on all buildings, insuring full replacement cost; master comprehensive public liability insurance; other insurance as required by law (Declaration Par. 15)

Use restrictions

All Condominium Units shall be used exclusively for residential purposes (By-Laws Section 6.01(a))

Voting & meetings

One vote per Condominium Unit owned; multiple owners must designate one voting representative (By-Laws Section 2.05(a)-(b))

Amendments

By-Laws may be amended in same manner as Declaration, which requires recording and approval as set forth in Par. 19 of Declaration; no amendment prior to Applicable Date without Declarant's consent (By-Laws Article VII; Declaration Par. 19)

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