Foxcliffe Estates South

Key facts from Foxcliffe Estates South's documents

Community type

Homeowners Association (HOA) - implied from common areas and assessments (Article V: Maintenance Assessments)

Assessments & dues

$200.00 per Lot for 1986-1987; $50.00 for Declarant-owned Lots (Article V, Section 3)

Special assessments

Authorized for capital improvements; requires consent of two-thirds (2/3) of each class of members voting in person or by proxy at a meeting called for that purpose (Article V, Section 4)

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot; Association may bring action at law or foreclose lien; attorney's fees and costs added; foreclosure procedure same as for mortgages (Article V, Section 8)

Reserves & fees

Interest at a rate established annually by Board, but not less than 12% per annum, on assessments unpaid after 30 days from delinquency date (Article V, Section 8)

Architectural approval

Building Control Committee exists (implied approval for structures) (Article IV (heading) and reference to 'a)

Voting & meetings

First meeting: 60% of all votes of each class of membership; subsequent meeting (if quorum not present): one-half of required quorum of preceding meeting, but no subsequent meeting held more than 60 days after preceding meeting (Article V, Section 5)

Amendments

First 20 years: requires instrument signed by no less than 90% of Lot Owners; thereafter: instrument signed by no less than 75% of Lot Owners; any amendment must be recorded. Declarant may amend first 10 years with Association consent. (Article VI, Section 3)

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