Giles Pointe

Key facts from Giles Pointe's documents

Community type

Covenant / Planned Community

Developer / declarant

Celebrity Homes, Inc.

Governing law

Nebraska Nonprofit Corporation Act (Section 20.v: The Association shall have)

Assessments & dues

Maximum $125 per Lot in 2023; thereafter maximum is 125% of aggregate dues of previous year (Section 20.xi: Beginning January 1, 2023)

Special assessments

Up to $500 per Lot per year for extraordinary costs; excess requires approval of 75% of Members (Section 20.xii: aggregate assessments in)

Collections & liens

Dues and assessments are a continuing lien on the Lot; Association may foreclose the lien and bring action at law (Section 20.ix: a charge and continuing l)

Use restrictions

Only residential purposes, schools, parks, or churches; only detached single-family dwellings (Section 1: No Lot shall be used for any )

Voting & meetings

Class A (all Owners except Declarant): one vote per Lot; Class B (Declarant): ten votes per Lot owned until conversion (Section 20.iv: Class A members shall be )

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