Royal Troon Homeowners Association Inc

Key facts from Royal Troon Homeowners Association Inc's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Royal Troon Homeowners Association Inc

Units / lots

Lots 19 through 28 of Phase II, plus additional Lots 29 through 36 (total 18 lots) (Exhibit A)

Developer / declarant

Williams & White Builders, L.L.C. (Preamble)

Assessments & dues

Initial annual assessment: $1,500.00 per Lot, payable quarterly; Declarant pays $1,125.00 on Lots owned (25% less). (Article IV, Section 4)

Special assessments

Special assessments for capital improvements require assent of two-thirds of votes of each class; special assessments for Permit Agreement obligations have no limit on frequency or amount. (Article IV, Sections 6 and 7)

Collections & liens

Assessments are a continuing lien on the property and personal obligation of owner; Association may foreclose lien or bring action at law. (Article IV, Sections 1 and 11)

Reserves & fees

Each purchaser pays two months of annual assessment at closing for reserve/replacement fund. (Article IV, Section 3)

Pets

Domestic dogs, domestic cats, and other common household pets allowed, provided not kept for commercial purposes. (Article IX, Section 4)

Parking & vehicles

Parking subject to Association rules; each Lot owner has right to use at least two parking spaces for at least two automobiles. (Article II, Section 3)

Fences

Fences subject to architectural approval. (Article V)

Architectural approval

No building, fence, wall, or other structure shall be commenced, erected, or maintained, nor exterior addition/change made, until plans and specifications approved in writing by Board or architectural committee. (Article V)

Setbacks / home size

No dwelling shall be constructed or permitted to remain on any Lot having an area of the main structure, heated and finished, exclusive of garages, open porches and decks, of less than 1,450 square feet. (Article IX, Section 5)

Maintenance

Association responsible for roof repair and replacement. (Article VIII)

Insurance

All buildings and improvements upon the land and all personal property included in Common Area and facilities insured at 100% insurable replacement value, covering fire and other hazards, with waiver of subrogation. (Article VI, Section 1(b))

Use restrictions

No portion of Properties shall be used except for residential purposes and purposes incidental or accessory thereto, except temporary offices/models of Declarant. (Article IX, Section 2)

Voting & meetings

Class A members (all Owners except Declarant) have one vote per Lot; Class B members (Declarant) have three votes per Lot. Class B converts to Class A when total Class A votes equal Class B votes, on December 31, 2004, or upon surrender/can (Article III, Section 2)

Amendments

During first 20 years, amendment requires instrument signed by not less than 90% of Lot Owners; thereafter, 75% of Lot Owners; amendment must be recorded. (Article XII, Section 3)

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