Village of Lake Forest Homeowner's Association

Key facts from Village of Lake Forest Homeowner's Association's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners' Association (Declaration title: "Village of Lake Fore)

Legal name

Village of Lake Forest Homeowners' Association

Developer / declarant

Dana Wood

Governing law

Chapter 292 of the laws of the State of New Hampshire (Article 1.04, WHEREAS clauses)

Assessments & dues

Estimated by Board in accordance with By-Laws; payable in periodic installments with final adjustment to reflect actual expenses (Article 5.04)

Special assessments

Allowed if insurance proceeds insufficient (Article 8.02(c)); not otherwise defined (Article 8.02(c))

Collections & liens

Association has a lien on each Lot and Unit for unpaid assessments, interest, and attorneys fees; lien subordinate to institutional mortgages; foreclosure extinguishes prior assessment liens; Board may collect by personal action or foreclos (Article 5.07, 5.08, 5.09)

Reserves & fees

Late charges as provided in By-Laws (Article 5.06)

Pets

Yes (Article 3.26)

Leasing & rentals

Yes, with conditions (Article 3.18, 3.19)

Parking & vehicles

Commercial vehicles not allowed except in private garage or designated parking area (Article 3.21)

Architectural approval

Yes, for any alteration or addition affecting exterior of a unit (Article 10.01)

Home business

Professional home office allowed only if: occupies ≤10% of unit floor area; no noise/odor/disorder; no employees/clients/public invited; no signs (Article 3.17(a)-(d))

Signs & flags

Only one "FOR RENT" or "FOR SALE" sign, not larger than 6 square feet; no other signs except with written permission of Association (Article 3.27)

Setbacks / home size

Must conform to Town of Auburn land use requirements (Article 3.04)

Maintenance

Association responsible for Common Properties (Article 4); Owners responsible for their Lots and Units and compliance with Declaration (Article 4, Article 3)

Use restrictions

Yes, except permitted professional home office (Article 3.17)

Voting & meetings

One vote per Lot or Unit (Article 6.08)

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