Anchor Pointe Villas Homeowners Association, Inc.

Key facts from Anchor Pointe Villas Homeowners Association, Inc.'s documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Anchor Pointe Villas Homeowners Association, Inc.

Units / lots

40 (Lots 1-40 inclusive) plus Outlots A and D ([[PAGE 1]]: 'Lots 1 thru 40, inclusive, )

Developer / declarant

Anchor Pointe Development, LLC

Governing law

Nebraska Nonprofit Corporation Act (Articles [[PAGE 1]]: 'under the Nebraska)

Assessments & dues

Initial annual assessment: $1,620 per year ($135 per month). ([[PAGE 6]]: 'initial annual assessment s)

Special assessments

Permitted for capital improvements to Common Area; requires 75% vote of each class of membership. ([[PAGE 6]]: 'special assessment ... shal)

Collections & liens

Assessments are a continuing lien on the lot; Association may foreclose lien or bring personal action against owner. Lien subordinate to first mortgage. ([[PAGE 6-7]]: 'shall be a continuing lie)

Reserves & fees

Interest at maximum legal rate after 30 days delinquency; if unpaid more than 60 days, entire unpaid portion may be declared due. ([[PAGE 7]]: 'Any assessment dues not pai)

Pets

Non-exotic household pets allowed. ([[PAGE 9-10]]: 'No animals, livestock, o)

Leasing & rentals

Owner may rent or lease Lot; no restriction in Article VIII intended to restrict that right. ([[PAGE 9]]: 'Nothing in this Article VII)

Parking & vehicles

Prohibited to be stored or parked unless designated area. ([[PAGE 10]]: 'vehicles primarily used fo)

Architectural approval

Yes, for any building, fence, wall, structure, exterior addition/change/alteration, and planting of trees, shrubs, or plants. Initial approval by Declarant; after sale to first non-builder owner, approval by Association. ([[PAGE 8-9]]: 'No building, fence, wall,)

Home business

Not allowed except for personal business records/calls/correspondence; signs not allowed. ([[PAGE 9]]: 'no provision hereof shall b)

Maintenance

Not specifically addressed; dwelling maintenance is owner responsibility (inferred from exclusion from Association maintenance). ([[PAGE 5]]: 'expressly excluding any dwe)

Insurance

Association shall purchase general liability coverage for Common Area and Common Area Improvements; may purchase D&O and other insurance as deemed appropriate. ([[PAGE 11]]: 'The Association shall purc)

Use restrictions

Lots restricted exclusively to residential use; no trade or business except as specifically permitted (e.g., personal correspondence, rental). ([[PAGE 9-10]]: 'the Lots shall be and ar)

Voting & meetings

Two classes: Class A (owners other than Declarant) – one vote per lot; Class B (Declarant) – four votes per lot until Class A votes equal Class B or Jan 1, 2030 ([[PAGE 5]]: 'Class A: ... one vote for e)

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