Waverly Ridge Estates Homeowners Association

Key facts from Waverly Ridge Estates Homeowners Association's documents

Community type

Covenant / Planned Community

Legal name

Waverly Ridge Estates Homeowners Association

Units / lots

Single Family Properties: Lots 4-14 Block2, Lots1-13 Block3, Lots1-2 Block4, Lots1-2 Block5, Lots1-9 Block6, Lots1-10 Block7, Lots1-14 Block8, Lots1-9 Block9, Lots19-35 Block10, Lots1-4 Block12, Lots1-5 Block13; Townhome Properties: Lots1-8 (Description of real estate)

Developer / declarant

Smetter Development, LLC

Governing law

Nebraska (no specific statute cited) (Document executed under Nebraska laws)

Assessments & dues

Not set in document; determined by Board based on estimated costs (Paragraph 28: 'Changes in the amount of )

Special assessments

Permitted; capital improvement special assessments may be rejected by majority vote of each class within 30 days of notice (Paragraph 28: 'Any special assessment fo)

Collections & liens

Unpaid dues and assessments become a lien on the Lot when shown of record. Lien subordinate to prior mortgages. Enforcement may include foreclosure. (Paragraphs 27 and 28.c; Paragraph 34 (en)

Reserves & fees

Corporation or Managing Agent shall prepare budget including cash reserves for replacement/repair of Commons and contingencies (Paragraph 28.a: 'amount of any cash rese)

Pets

Yes, but no animals raised for commercial purpose. Townhome Properties have additional restrictions. (Paragraph 12; Paragraph 31.H)

Leasing & rentals

Not explicitly mentioned in these covenants (Not found)

Parking & vehicles

Not specifically addressed (Not found)

Fences

Single Family: White vinyl opaque fencing; not closer to street than front elevation; corner lot street yard setback 25' unless approved; no livestock-type or chain link except chain link for kennels (black or green). Townhome: No fencing e (Paragraph 7.A.a and 7.B.a)

Architectural approval

Yes – Plans for any dwelling structure must be submitted to Declarant and approved in writing before construction. Declarant has 30 days to approve/disapprove. Approval not unreasonably withheld. Other structures (not dwellings) do not requ (Paragraph 4; Paragraph 7 preamble)

Home business

Not explicitly addressed, but no commercial use implied by residential-only restriction (Paragraph 1)

Setbacks / home size

Single Family: Interior lots – 25 ft front, 7.5 ft side. Corner lots – 25 ft front, 15 ft street side, 7.5 ft interior side. Front line for corner Lots determined by Declarant; Declarant may vary within Waverly zoning limits. Townhome: With (Paragraph 6.A.b and 6.B.e (setbacks))

Maintenance

Not explicitly stated for single-family; for Townhome Properties, party roofs exist: cost of repair/maintenance shared by owners sharing the roof. Owner causing damage bears whole cost. (Paragraph 31.B)

Voting & meetings

Class A (Single Family Owners): 1 vote per Lot; Class B (Declarant): 20 votes per Lot; Class T (Townhome Owners): 1/2 vote per Townhome Lot and pay 1/2 of Class A dues (Paragraph 17)

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