Banyan Hills

Key facts from Banyan Hills's documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision (Title: "A SUBDIVISION IN DOUGLAS COUNTY,)

Units / lots

185 (WHEREAS clause: "Lots 1 through 185, inc)

Developer / declarant

BENCHMARK HOMES, INC.

Assessments & dues

Not fixed; determined annually by Board of Directors after budget ratification (Article III Section 3)

Special assessments

Allowed for capital improvements or budget shortfalls with assent of two-thirds of votes cast at a meeting called for that purpose (Article III Section 4)

Collections & liens

Annual and special assessments are a continuing lien on the lot; Association may foreclose lien like a mortgage; personal obligation of owner at time assessment fell due. (Article III Section 1 and Section 7)

Reserves & fees

Reasonable late fees set by Board; additionally an extra assessment equal to 1/5 of unpaid amount if not paid within 10 days after due date (Article III Section 1 and Section 7)

Pets

Dogs, cats or other household pets maintained within the dwellings allowed, but no more than two (Article V Section 4)

Architectural approval

Written notice of approval or denial must be mailed or delivered within 30 days after submission; if no written notice within 30 days, proposed improvement is deemed refused. (Article IV Section 4)

Signs & flags

One sign per lot not exceeding 6 square feet advertising lot as 'For Sale' only; no other advertising signs, billboards, or unsightly objects. (Article V Section 5)

Setbacks / home size

Minimum building setback of at least 25 feet from front lot line. (Article V Section 8)

Maintenance

Association maintains Common Facilities (parks, roads, paths, green areas, signs, entrances) and common entryway landscaping; owners responsible for improvements on their lots and maintaining vegetation. (Article I Section 4, Article III Section)

Insurance

Association may obtain general public liability and hazard insurance, director's liability insurance, workman's compensation insurance, and other appropriate types. (Article III Section 2)

Use restrictions

Each lot shall be used exclusively for single-family residential purposes, except for common facilities, church, school, park, or non-profit use, and except for public utility buildings or Declarant's sales/manager office. (Article V Section 1)

Voting & meetings

Two classes: Class A (owners, one vote per lot), Class B (Declarant, three votes per lot until conversion). Class B membership ceases when Class A votes reach 80% or 10 years after filing or written direction. (Article II Section 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.