Cedar Lakes Village

Key facts from Cedar Lakes Village's documents

Community type

Covenant / Planned Community

Units / lots

492 total units of membership/votes (DOC 185500 Clause II Q; DOC 185501 Secti)

Assessments & dues

Initial annual assessment $12 per lot within Parcels One and Two; total assessment shall not exceed $12 x 492 (DOC 185501 Section 4(2); DOC 185518 Sect)

Special assessments

No special assessments for reserves; common expenses including reserves payable in regular installments rather than special assessments (DOC 185502 Section 12.2, [[PAGE 2]])

Collections & liens

Unpaid assessment becomes lien by filing notice of non-payment in Register of Deeds office against each lot/parcel; lien continues 5 years from date of delinquency unless suit instituted (DOC 185500 Clause II Q, [[PAGE 6]]-[[PAG)

Reserves & fees

2003 amendment establishes three reserve funds: Deferred Maintenance (2% of Operating Budget), Replacement (4%), Common Areas Improvements (5%); reserves built up until total equals then-current Operating Budget and maintained at level equa (DOC 185502 Section 12.2, [[PAGE 2]]-[[PA)

Pets

House pets belonging to the household permitted; no other animals or poultry (DOC 185500 Clause II K, [[PAGE 5]])

Parking & vehicles

No mobile home or trailer may be moved, placed or permitted to remain upon a building site (DOC 185500 Clause II J, [[PAGE 5]])

Fences

No fence, masonry wall, hedge or mass planting shall extend beyond minimum front building setback lines (DOC 185500 Clause II M, [[PAGE 5]])

Architectural approval

Yes; building plans, specifications, plot plan and finish grade elevation must be submitted and approved in writing by Architectural Committee before erection, placement or alteration (DOC 185500 Clause II D, [[PAGE 3]]-[[PAG)

Home business

No retail, wholesale, manufacturing or repair business of any kind nor so-called home occupations permitted (DOC 185500 Clause II H, [[PAGE 5]])

Signs & flags

No signs, advertisements, billboards or advertising structures without written Committee consent; one signboard per building site not more than six square feet for sale/lease only; Grantor/Developer may construct temporary development signs (DOC 185500 Clause II L, [[PAGE 5]])

Setbacks / home size

No part of detached single-family dwelling less than six feet from any side building site line (DOC 185500 Clause II F, [[PAGE 5]])

Use restrictions

Yes; development for high-class single-family residence purposes, duplexes and multi-family dwellings (DOC 185501 WHEREAS clause, [[PAGE 2]]; D)

Voting & meetings

Each building site owner has one vote out of total 492 votes in Landowners Association (DOC 185500 Clause II Q, [[PAGE 6]])

Amendments

Property owners owning 60% of front feet of restricted building sites may release, change or modify restrictions at end of first 25-year period or any successive 10-year period by written agreement filed for record at least one year prior t (DOC 185500 Clause II P, [[PAGE 5]]-[[PAG)

Amenities

Common areas include indoor/outdoor pools, tennis courts, clubhouse with carpet, furniture, appliances, fixtures and equipment, lake improvements and other aesthetic common areas (DOC 185502 Section 12.2, [[PAGE 2]])

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