Trotters Meadow

Key facts from Trotters Meadow's documents

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

Community type

residential subdivision (Page 1 recitals)

Assessments & dues

Board of Directors fixes annual assessment at amount reasonably necessary to meet budgeted expenses; may be paid monthly, quarterly, or annually. (Article V, Section 6)

Special assessments

Yes, for capital improvements; determined by Board; may be paid lump sum or installments with interest. (Article V, Section 7)

Collections & liens

Assessments are a continuing lien on the Lot; foreclosure permitted with interest, costs, and reasonable attorney fees; lien subordinate to first mortgage. (Article V, Sections 4, 10, 11)

Reserves & fees

Board may establish a reserve account from assessments. (Article V, Section 6)

Pets

Yes, dogs, cats, and other household pets (domestic pets traditionally recognized in the area) may be kept, not for commercial purposes. (Article III, Section 5)

Leasing & rentals

Implicitly allowed; Owner may delegate right of enjoyment of Common Area to tenants or contract purchasers who reside on the Lot. (Article V, Section 2)

Fences

Fences are structures requiring approval under Article IV, Section 5. (Article IV, Section 5(c))

Architectural approval

Yes, Developer approval required for any structure (building, fence, wall, antennae, satellite dishes, etc.) based on plans and specifications; approval in sole discretion of Developer based on aesthetics. (Article IV, Section 5)

Home business

No trade or business of any kind (including medicine, dentistry, etc.) on any Lot. Exception: builder may use new house as model home for up to 24 months; Developer may maintain sales office and construction trailer until all Lots sold. (Article III, Section 8)

Signs & flags

No signs except one sale/rent sign not exceeding 9 sq ft. Developer may erect larger advertising signs, lot number signs, and sold signs with purchaser name. (Article III, Section 9)

Setbacks / home size

No structure nearer to front or street side lot line than minimum building setback lines shown on Plat; steps allowed, open porches may project up to 6 feet; Developer may vary as allowed by zoning. (Article IV, Section 2)

Use restrictions

No Lot shall be used except for private single family residential purposes. (Article III, Section 1)

Voting & meetings

Two classes: Class A (Lot Owners) one vote per Lot; Class B (Developer) one vote for each Lot including sold Lots. Class B converts to Class A on earliest of December 31, 2015, 100% Lots conveyed, or Developer election. (Article V, Section 13)

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