Crystal Heights

Key facts from Crystal Heights's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

K & J DEVELOPMENT INC. (Page 1 - Developer)

Governing law

Indiana Nonprofit Corporation Act of 1991 (Section 1.B)

Assessments & dues

Board establishes annual budget prior to each fiscal year; each Owner pays Pro-rata Share (1 divided by total number of Lots) (Section 4.D and 4.C)

Special assessments

Board may levy special assessments if budget insufficient or for unanticipated Common Expenses (Section 4.E)

Collections & liens

Each Assessment with interest and costs is a continuing lien on the Lot; subordinate to prior recorded mortgages; Association may bring action to enforce and foreclose (Section 4.H(i) and (ii))

Reserves & fees

Annual budget includes reasonable allowance for reserves (Section 4.D)

Architectural approval

Crystal Heights Architectural Control Committee established in Plats; Board regulates Lake and Common Areas, no improvements without Board approval (Section 1.D and Section 6.B)

Maintenance

Association responsible for maintenance, repair, replacement of Common Areas; Owners responsible for their own Lots (Section 2.B and Section 4.A)

Voting & meetings

Equal voting rights; one vote per Lot; multiple owners of one Lot treated collectively as one Member for voting (Section 2.A)

Amendments

Proposed by Board or Owners with at least majority vote; adopted by 75% of all Owners; during Development Period requires Developer approval; special amendments affecting assessment shares require unanimous approval of all Owners and known (Section 9.A)

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