Whispering Woods (IN)

Key facts from Whispering Woods (IN)'s documents

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

Community type

Condominium (Declaration title and Section 1 definiti)

Legal name

Whispering Woods Condominium Association, Inc. (Section 1(d) and By-Laws title)

Developer / declarant

Adams & Marshall Homes, Inc., an Indiana corporation (Declaration opening paragraph)

Governing law

Indiana Condominiums Act, IC 32-25-1-1 et seq. (Section 1(a) and Recitals)

Collections & liens

Unpaid Assessments constitute a lien on the Unit; Association may foreclose lien or use other legal proceedings; lien subordinate to first mortgages (Section 15(A) and 15(C): "All such Asses)

Reserves & fees

Interest at 18% per annum from Delinquency Date until paid; costs and attorneys' fees also bear interest at 18% (Section 15(C): "Assessments shall bear i)

Pets

Dogs, cats or other household pets may be kept, provided not bred or maintained for commercial purpose (Section 12(i): "dogs, cats or other hous)

Leasing & rentals

Leasing permitted but subject to restrictions (Section 12(dd): "No Unit shall be leased)

Parking & vehicles

No camper, motor home, truck, trailer, boat or recreational vehicle may be stored on any street or on the Property in open public view (Section 12(q))

Fences

No fencing of any type permitted on front yards or front half of side yards; any fence requires written approval of Board of Directors (Section 12(n) and 12(w))

Architectural approval

Prior written consent of Board of Directors required for any alterations, additions, or improvements to Common Areas or structural alterations to a Unit; also for fences, awnings, etc. (Section 14 (Alterations) and Section 12()

Solar & roof

No solar panels permitted on roofs of any structures; all such panels must be enclosed within fenced areas and concealed from view (Section 12(x): "No solar panels shall be)

Home business

Home occupations are not allowed except incidental business conducted elsewhere; home offices in one room that do not receive customers/clients are permitted (Section 12(k): "Except for home offices )

Signs & flags

No signs may be placed on Unit windows except approved by Board; Declarant may post sales signs (Section 12(d)(ii) and 12(k))

Maintenance

Roof is part of General Common Areas (Section 5(b): "the foundation, slab, roof, exterior Walls and all other structural elements") - Association responsible (Section 5(b) and Section 13(A))

Insurance

Fire and extended coverage insurance on all Units and Common Areas at full replacement cost; also flood insurance if in flood hazard zone (Section 16(A))

Use restrictions

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

Voting & meetings

Presence of members holding 51% of total Votes constitutes a quorum at all meetings (By-Laws Article 2, Section 2.05(e))

Amendments

Amendment requires (1) notice in meeting notice, (2) resolution by Board or 51% of Vote, (3) adoption at meeting with Declarant consent (while owns property) and affirmative vote of 67% of Votes (or higher for certain changes); amendments a (Section 22)

Amenities

No specific amenities mentioned; Common Areas include land, structures, and appurtenances; no pool, clubhouse, lake, gym, trails, gates listed (Section 5)

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