Whispering Woods Condominium

Key facts from Whispering Woods Condominium's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Section 1)

Governing law

Indiana Code 32-25-1-1 et seq ("Act") (Section 1(a))

Assessments & dues

Maximum $119.00 per month until Dec 31, 2004; not to increase by more than 20% per year prior to turnover (Section 15A)

Special assessments

Permitted as part of Common Expenses (Section 1(c) and Section 15A)

Collections & liens

Assessments constitute a lien on the unit; can be foreclosed; subordinate to first mortgages (Section 15A, 15C)

Pets

Yes: dogs, cats, or other household pets; not for commercial purpose (Section 12(h))

Leasing & rentals

Yes, but minimum initial term of 6 months and lease must be in writing (Section 12(dd))

Parking & vehicles

No commercial vehicles over 3/4 ton or with business signs/logos except inside garage (Section 12(t))

Fences

No fencing on front yards or front half of side yards; no fence without written Board approval (Section 12(n) and 12(w))

Architectural approval

Prior written consent of Board for alterations, additions, improvements to Common Areas or structural alterations to unit; also for fences, awnings, antennas >18", solar panels, etc. (Sections 14, 12(w), 12(v), 12(u), 12(x))

Solar & roof

Not permitted on roofs; must be enclosed within fenced areas and concealed from view (Section 12(x))

Home business

Home offices allowed in one room, not for receiving customers; no other home occupations (Section 12(k))

Signs & flags

Declarant may post signs until last unit sold; otherwise no sign provisions explicitly; window hanging consent required (Section 12(k), 12(d)(ii))

Maintenance

Association – roof is General Common Area (Sections 5(b), 13A)

Use restrictions

Units shall be used for residential purposes only (Section 12(a))

Voting & meetings

Class A (owners): 1 vote per unit; Class B (Declarant): 250 votes; Declarant votes until Applicable Date, then Class A all. Voting for matters except Percentage Interest requires majority of votes attending in person/proxy. For Percentage I (Section 8(c) and By-Laws Section 2.05)

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