Woodland Trails Homeowners Association

Key facts from Woodland Trails Homeowners Association's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homes Association (HOA) (Title and Article I(h): "Homes Associati)

Units / lots

73 residential lots (Lots 3-29 and 30-75) plus 9 common area tracts (Legal description: "Lots 3 through 29...)

Governing law

Laws of Missouri (Article XIV, Section 14.1)

Assessments & dues

Fixed periodically by Board, subject to limits in Section 4.2 (Article IV, Section 4.1: "fixed periodic)

Special assessments

Allowed for: (a) fines, corrective expenses; (b) duties exceeding reserves, emergency expenditures, capital improvements approved by majority vote of Class B members (before turnover) or owners (after). (Article V, Section 5.1(a) and (b))

Collections & liens

Assessment becomes automatic lien when due; can foreclose similar to deed of trust; subordinate to first mortgage; lien continues 5 years unless lawsuit; maximum secured amount $10,000 per lot. (Article VI, Sections 6.1, 6.2, 6.3, 6.4,)

Reserves & fees

Board has right (but not obligation) to establish, maintain, and expend reserve funds (Article III, Section 3.3)

Voting & meetings

Until Turnover Date: two classes (Class A Developer holds all voting rights except on assessment increases and special assessments; Class B owners vote on those specific items). After Turnover Date: one class, one vote per Lot. Voting right (Article II: "Until the Turnover Date...")

Amendments

Before Certificate of Substantial Completion: 60% of Lots + Developer consent. After: 75% Board approval + 60% of Lots. Developer has unilateral right to amend for regulatory, correction, replatting purposes or through Dec 31, 2019 for any (Article XI, Sections 11.1, 11.2)

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