Merrifield Village

Key facts from Merrifield Village's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential subdivision (Article V, Sec. 1 and Sec. 8)

Legal name

Merrifield Village

Units / lots

119 lots (Lots 1-119), plus 3 Outlots (A, B, C); Lot 119 is a park area, leaving 118 residential lots (Description of Property; Article I, Sec.)

Developer / declarant

Benchmark Homes, Inc., a Nebraska corporation (Preamble)

Assessments & dues

not fixed; determined by Board of Directors (Article III, Sec. 4)

Special assessments

allowed for capital improvements or to cover budget shortfalls; requires assent of 2/3 of votes of members voting in person or by proxy at a meeting duly called (Article III, Sec. 5)

Collections & liens

Assessments are a continuing lien on the property; may be foreclosed in same manner as mortgages in Nebraska; personal obligation of owner at time assessment fell due; subordinate to first mortgage (Article III, Sec. 1, 8, 9)

Reserves & fees

reasonable late fees as set by Board of Directors from time to time (Article III, Sec. 1)

Pets

Yes, dogs, cats, or other household pets maintained within the dwellings (Article V, Sec. 4)

Parking & vehicles

Trucks, tractors, or commercial vehicles necessary for construction of residential dwellings during construction period are allowed; otherwise not allowed (Article V, Sec. 10)

Home business

No business activities of any kind shall be conducted on any Lot; except Declarant during construction and sale (Article V, Sec. 5)

Signs & flags

Only one sign per Lot, not exceeding six square feet, advertising the Lot for sale; no other signs; Declarant signs allowed (Article V, Sec. 5)

Use restrictions

Each Lot shall be used exclusively for single-family residential purposes; exceptions for common facilities, church, school, park, non-profit use, public utility, or Declarant's sales office (Article V, Sec. 1)

Voting & meetings

Class A (owners): one vote per lot; Class B (Declarant): three votes per lot; Class B membership converts to Class A upon earlier of 80% Class A vote, 10 years after filing, or written direction of Declarant (Article II, Sec. 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.