Silverbuck

Key facts from Silverbuck's documents

Community type

Covenant / Planned Community

Developer / declarant

Silver Buck, LLC

Assessments & dues

$100.00 for Association; $50.00 for Lake Association (Article Four Section 4)

Collections & liens

Unpaid assessments 60 days after notice become a lien; foreclosure allowed; costs and attorney fees recoverable; first mortgage foreclosure extinguishes prior assessment liens (Article Two Section 3; Article Four Sect)

Pets

Only dogs, cats, or birds maintained within dwelling so as not to unreasonably disturb neighbors; no other animals (Article One Section 13)

Fences

No fence, hedge, wall or enclosure without written consent; solid fences not permitted; three-rail split fence favored; any approved fence must enclose entire back yard; no fencing parallel to or adjacent to perimeter fencing; no fencing on (Article One Section 7)

Architectural approval

Developer approval required for dwellings, garages, additions, alterations, fences, driveways, and any structure; plans and specifications must be submitted and approved in writing (Article One Sections 1, 2, 4, 6, 7)

Signs & flags

No signs without written permission; except one standard real estate sign (max 6 sq ft per side) for 'For Sale' or 'For Rent'; Developer may erect signs on unsold lots; political signs per Village ordinances (Article One Section 12)

Setbacks / home size

Building set back lines as shown on recorded Plat; Developer may determine distances from side and rear lines (Article One Section 2)

Maintenance

Association maintains: Lot D (lake area), private street lights and signs, boulevard areas, perimeter fencing, cul-de-sac islands, right-of-way along Brindley Road. Lot D deeded to Lake Association for lake lots. Lot owners maintain their o (Article Two Section 2; Article One Secti)

Use restrictions

No industry, business, trade, occupation or profession; no manufacturing or sale of liquors (Article One Section 12)

Voting & meetings

One vote per lot owned; co-owners jointly one vote (Article Two Section 1)

Amendments

Developer may unilaterally amend before assignment to Association; within first 20 years, amendment requires written approval of 2/3 lot owners; after 20 years, 1/2 lot owners; termination similarly (Article One Section 9; Article Three Sec)

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