Lake Crest Residential HOA

Key facts from Lake Crest Residential HOA's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family attached and detached residential housing (Recitals)

Legal name

Lake Crest Residential Association, Inc. (Section 1.06)

Developer / declarant

Awtrey Development, Inc., an Alabama corporation (Section 1.12)

Governing law

Alabama Code (implied by jurisdiction and nonprofit corporation law) (Section 4.04 (reference to Code of Alaba)

Assessments & dues

Board establishes annual budget; assessments based on Common Expenses; increases limited unless Major Decision Majority Vote (Sections 1.05, 1.10, 8.04(c) (referenced)

Special assessments

Not explicitly mentioned; Assessments defined as annual and special (Section 1.05) (Section 1.05)

Collections & liens

Assessments not paid when due become a lien on the Lot/Dwelling and subject to foreclosure; costs including attorney fees added to assessment (Sections 5.13, 8.09 (referenced in 5.13))

Leasing & rentals

Leasing permitted for entire Dwelling for at least 6 months, subject to Association rules; Developer may lease for any term including daily/weekly (Section 6.01)

Parking & vehicles

Not fully covered; utility easement for parking areas (Section 1.09(d)); no explicit parking restrictions in provided text (Section 1.09(d))

Fences

Fences require ARC approval (Section 5.05(a)); no specific fence restrictions in provided text (Section 5.05(a))

Architectural approval

All exterior improvements, construction, alterations, painting/staining must be approved by ARC; interior improvements not affecting exterior are exempt (Section 5.05(a))

Solar & roof

Solar or energy collection panels/equipment prohibited if visible from any street (Section 6.10(b))

Home business

Prohibited unless use as office by Owner without regular customer/client/employee traffic (Section 6.01)

Signs & flags

Easement reserved for traffic directional signs (Section 3.07); Developer may maintain sales signs and model homes (Section 5.12); no general sign restriction in provided text (Sections 3.07, 5.12)

Setbacks / home size

Minimum building setbacks established by ARC or recorded subdivision plat; for lots adjacent to lake: front setback 35 ft, rear setback 75 ft (Section 6.04)

Maintenance

Not specifically allocated; implied Owner responsibility as part of Dwelling maintenance

Use restrictions

Each Lot and Dwelling shall be used for single-family residential purposes only; no trade or business may be carried on, but home office without customer traffic permitted; leasing for residential purposes allowed (Section 6.01)

Voting & meetings

One vote per Lot or Dwelling; Developer has one vote per Lot/Dwelling owned; multiple owners must designate one representative; no Mortgagee vote until foreclosure (Sections 4.01, 4.03)

Amendments

Amendments to Declaration require Major Decision Majority Vote (Section 1.22(a)); Developer may unilaterally modify restrictions on lots it owns (Section 2.03) and may add Additional Property by amendment (Section 2.02) (Sections 1.22, 2.02, 2.03)

Amenities

Common Areas include lakes, recreational facilities, parks, trails; Owners have nonexclusive right to use recreational areas (Section 3.03(d)); Swim Club referenced (Section 3.03(b)) (Sections 1.09, 3.03(d))

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