East Towne

Key facts from East Towne's documents

Community type

Covenant / Planned Community

Legal name

East Towne Homeowners Association, Inc.

Developer / declarant

East Towne Homeowners Association, Inc. (Art. I(d))

Assessments & dues

By majority vote of Committee members based on budget (Art. IV, Sec. 1(a)-(c))

Special assessments

Allowed for reimbursement of costs from willful acts, damages to Common Areas, or work performed on a Lot (Art. IV, Sec. 1(d))

Collections & liens

Unpaid assessment becomes a continuing lien; foreclosure after 60 days delinquency with notice to mortgagee (Art. IV, Sec. 5(a)-(c), Sec. 6)

Reserves & fees

Interest at maximum rate per annum (Art. IV, Sec. 5(c))

Pets

House or yard pets allowed; no commercial raising; Committee may bar certain breeds (Art. VI, Sec. 1(k))

Home business

Office in the home allowed (Art. VI, Sec. 1(a))

Signs & flags

For Sale signs not exceeding 4 sq ft; other signs require ARC approval; American Flag allowed (Art. IV (of Architectural Guidelines), S)

Use restrictions

Yes, all lots for residential purposes only; home office allowed (Art. VI, Sec. 1(a))

Voting & meetings

One vote per lot; Declarant selects Committee members as long as Declarant owns a Lot (Art. III, Sec. 1)

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