Fairview South

Key facts from Fairview South's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

144 (Recitals)

Developer / declarant

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

Governing law

Nebraska Nonprofit Corporation Act (Article 20, Section v)

Assessments & dues

Maximum $125 per lot beginning January 1, 2018; thereafter 125% of previous year's aggregate (Article 20, Section xi)

Special assessments

Up to $500 per lot per year for extraordinary costs; may exceed with 75% member approval (Article 20, Sections xii and xiii)

Collections & liens

Delinquent dues and assessments become a lien on the lot; Association may foreclose and recover interest, costs, and attorney's fees (Article 20, Sections ix and xvi)

Fences

Fences shall not be nearer to street than structure; fencing must be wood, vinyl or black chain link; no dog runs. (Article 5)

Signs & flags

No signs except temporary real estate signs; Developer may permit signs for model homes. (Article 9)

Use restrictions

No Lot shall be used except for residential purposes, schools or churches (Article 1)

Voting & meetings

Class A: one vote per lot; Class B: ten votes per lot owned by Declarant until conversion (Article 20, Section iv)

Amendments

Declarant has sole right for first 10 years; thereafter amendment requires 75% of lot owners. (Article 19)

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