Cedar Trace Townhomes

Key facts from Cedar Trace Townhomes's documents

Reflects the 1981 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) (Article I Section 1 defines Association,)

Legal name

Cedar Trace Townhomes Homeowners' Association, Incorporated (Article I Section 1)

Units / lots

12 (Lots 1 through 12 according to recorded map) (Common Area description exception (Book )

Special assessments

May be levied for capital improvements with assent of two-thirds of each class voting in person or by proxy at a meeting. (Article IV Section 4)

Collections & liens

Unpaid assessments, interest, costs, and attorney's fees are a continuing lien on the lot. Association may bring action at law or foreclose the lien. Lien is subordinate to first mortgage and ad valorem taxes. Mortgage or tax foreclosure ex (Article IV Sections 1, 8, 9)

Amendments

Declaration runs for 20 years from recording, then auto-renewed for successive 10-year periods. During first 20 years, amendment requires instrument signed by not less than 90% of lot owners. Thereafter, amendment requires not less than 75% (Article XI 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.