Cass Estates

Key facts from Cass Estates's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

CASS ESTATES HOMEOWNERS'

Developer / declarant

KB HOME Indiana Inc., a Delaware Corporation, a division of KB Home

Assessments & dues

Maximum $500 per Lot per year until January 1 after first Lot conveyance; thereafter may be increased up to 20% annually without vote (Section 6.3(a), (b))

Special assessments

May be levied for capital improvements or operating deficits with approval of 2/3 of votes cast at meeting (Section 6.4)

Reserves & fees

Portion of Regular Yearly Assessments may be set aside in a reserve fund for repair/replacement of Common Area and other capital improvements (Section 6.2)

Pets

Only domestic household pets traditionally kept in Indiana residences (Section 4.4)

Leasing & rentals

Any Lot may be leased by its Owner; lessee subject to all terms of Declaration as if Owner (Section 4.12)

Parking & vehicles

Semi-tractor trucks, semi-trucks, semi-tractor trailers, recreational vehicles, boats, campers, mobile homes, motor homes, disabled vehicles, and/or trailers prohibited unless fully enclosed in a garage or necessary for Declarant/Builder/As (Section 4.23)

Architectural approval

Yes – for any building, outbuilding, mailbox, fence, satellite dish, pool, wall, or other structure, and any exterior addition/alteration; plans must show nature, kind, shape, height, materials, color, location (Section 4.2)

Home business

Permitted only if allowed by zoning and conducted entirely within residence by resident family; no sign, no commodity sales, no employees except family, no customers on premises, no manufacturing; specifically prohibited: child care, barber (Section 4.10)

Maintenance

Owner responsible for maintenance of Lot and Dwelling Unit including exterior surfaces, roof, gutters, internal utilities, fixtures; Association responsible for Common Area (including lakes, entry signs, street lights, brick surfaces on str (Sections 7.1, 7.2)

Insurance

Association shall purchase master comprehensive general liability insurance covering Association, Board, committees, agents, employees, and Common Area, public ways, areas under Association's control (Section 8.1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Lot owned; Class B (Declarant) – three votes per Lot owned, until conversion (Section 5.2)

Amendments

Requires instrument recorded with Recorder, approved and signed by at least 75% of Owners; Declarant may amend without approval for corrections, clerical errors, nominal changes, to meet governmental/financial institution requirements, or t (Section 10.4)

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