Pointe at Polaris

Key facts from Pointe at Polaris's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mixed-use office/retail/residential development (Recitals E, page 3 of 29)

Units / lots

At least 4 lots (Lot 1, Lot 2, Lot 3, Lot 4) identified in Amendment; original declaration appears to have multiple lots as well (Recitals C, D, E; Definitions Appendix 1)

Assessments & dues

Not fixed; based on estimated Common Expenses multiplied by each Owner's Proportionate Share (Section 7.3(a), page 15 of 52)

Special assessments

Declarant may levy assessments against individual Lots for Lot-specific expenses (Section 7.3(b)); also can levy additional assessments if needed (implied by power to collect for Common Expenses) (Section 7.3(b), page 16 of 52)

Collections & liens

Yes; if assessment not paid within 30 days after due date, Declarant may record a lien and foreclose; lien subject to first mortgages (Section 7.5 and 7.6, pages 16-17 of 52)

Reserves & fees

Interest at Default Rate on delinquent assessments; Default Rate defined in Appendix 1 (not included in provided text but referenced) (Section 7.4, page 16 of 52)

Leasing & rentals

Not specifically addressed; declaration applies to Owners and Occupants; no express prohibition on leasing (Section 1.1 (binds Occupants), page 7 of)

Parking & vehicles

Off-site parking prohibited on public rights-of-way; truck loading/unloading on streets prohibited; off-street loading required; trucks/commercial vehicles not to be parked outside building unless in designated screened areas (Section 9.4, page 19 of 52)

Fences

Not explicitly mentioned

Signs & flags

Not directly addressed in provided excerpts; but Section 10.5 refers to a Signage Easement (not included in full text) (Table of Contents, page 2 of 52 (Section)

Setbacks / home size

No part of any structure within any setback established by applicable zoning ordinances or on any Plat (Section 9.8, page 20 of 52)

Use restrictions

No use producing objectionable smoke, dust, noise, odor or vibration constituting annoyance; no illegal activity (Section 9.3, page 19 of 52)

Amendments

Declarant may unilaterally add property by amendment (Section 4.2); amendments generally require joinder of Owners and Mortgagees as specified in Article XI (not included in full text) (Section 4.2, page 11 of 52; Table of Con)

Amenities

Not explicitly listed; site plan (Exhibit D) likely shows amenities; Common Areas include parking, roads, storm water facilities (Exhibit D Site Plan (pages 23-24 of 29);)

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