Estates of Prairie Haven Area Homes Association

Key facts from Estates of Prairie Haven Area Homes Association's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homes Association (HOA) for a residential subdivision (Preamble and Article I Definition 7)

Units / lots

259 (computed: 98 from First Plat + 38 from Second Plat + 43 from Third Plat + 65 from Fourth Plat + 15 from Ranch Villas) (Exhibit A (lot listings) – calculated)

Assessments & dues

$330 per Lot per year initially (Article IV, Section 1)

Special assessments

Yes – for breach correction (individual Lot) and for expenditures exceeding available general funds (all Lots equally) (Article V)

Collections & liens

Assessment becomes an automatic lien on the Lot when due; may be foreclosed in court; lien subordinate to first purchase money mortgages. Lien continues for 5 years unless suit filed. (Article VI, Sections 1-4)

Reserves & fees

Not required but Association may have surplus and available reserves (Article VII). (Article VII)

Voting & meetings

One vote per Lot; if multiple owners, they determine how to cast the single vote. Voting rights suspended if assessment delinquent. (Article II)

Amendments

Requires written agreement signed by Owners of at least two-thirds (2/3) of Lots in District; also requires Developer consent if prior to Certificate of Substantial Completion. For 4th Plat, approval of two-thirds of 4th Plat Owners require (Article X, Sections 1, 2; Article XIII, )

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