The Village at New Bethel

Key facts from The Village at New Bethel's documents

Reflects the 2011 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Unit Development (D-P zoning) (Zoning: D-P on plat and Section 1 of Dec)

Units / lots

Section One has at least 100 lots (based on Pre-Existing Lot Owners list); Section Two plat shows 125 lots; overall development planned on approximately 168 acres (Pre-Existing Lot Owners list (numbers 7-)

Developer / declarant

Standard Investments IV, LLC (Preamble paragraph after WITNESSETH, and)

Governing law

Indiana Nonprofit Corporation Act of 1991 (Section 1.A (Act definition))

Assessments & dues

By the Board; Types: Annual Assessment, Special Assessment, Lot Assessment (Section 1.D (Assessments) and Section 7 )

Special assessments

Allowed for capital expenditures, assessed against all Lots after meeting requirements (Section 1.FF (Special Assessment definit)

Collections & liens

Association has a lien against a Lot for unpaid assessments, costs incurred for maintenance liens, may be formalized by recording Notice of Intent to Hold Lien; lien valid even without recordation; foreclosure available (Section 4.T (drains and sump pump) and S)

Pets

Yes, house cats, dogs, or similar domestic pets (Section 4.E)

Leasing & rentals

Yes, leases must be in writing and subject to the Declaration; however, 'For Lease' signs prohibited and hotel/transient uses prohibited (Section 4.I)

Parking & vehicles

Vehicles prohibited from parking on both sides of the same portion of the same street (Section 4.J)

Fences

Fencing and protective enclosures related to pools, hot tubs, saunas subject to Committee approval and must conform to regulations (Section 4.Z)

Architectural approval

Yes, Architectural Control Committee approval required for improvements; Committee established under Section 18 (Section 1.J (Committee definition) and v)

Home business

Limited business allowed within residence if not visible, no sign, no commodity sold or shipped, no employees outside family, no manufacturing, conforms to zoning, no external traffic, and consistent with residential character (Section 4.G)

Signs & flags

Only professionally constructed signs advertising a home for sale (non-illuminated, ≤6 sq ft) are permitted; must be removed within 3 business days of closing; 'For Lease' signs prohibited; Declarant/Builder exempt (Section 4.D)

Maintenance

Owner maintains Lot; Association maintains Common Property (including ponds, drainage, landscaping, decorative lights, snow removal) (Sections 5 and 6.C)

Insurance

Association must obtain blanket property/casualty, comprehensive public liability insurance covering Common Property; liability coverage at least $1,000,000 (Section 6.H.1)

Use restrictions

Each Lot shall be occupied and used exclusively for single-family residential purposes and purposes customarily incidental to a residence (Section 4.A.1)

Voting & meetings

Each Lot Owner is a Member of the Association and has voting rights (Section 1.W (Member definition) and Sect)

Amendments

Not detailed in this excerpt; Declaration can be amended by recorded instrument (General reference to amendments in pream)

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