Bradbury Corner 1st

Key facts from Bradbury Corner 1st's documents

Community type

Covenant / Planned Community

Legal name

BRADBURY CORNER FIRST ADDITION PROPERTY OWNERS ASSOCIATION

Developer / declarant

BRADBURY DEVELOPMENT COMPANY

Assessments & dues

$75.00 per year per Class A member (Article V, Section 3: 'maximum annual as)

Special assessments

Levy for capital improvements with approval of two-thirds of votes of class affected. (Article V, Section 4)

Collections & liens

Assessments are a continuing lien on the property; Association may foreclose. (Article V, Section 7)

Reserves & fees

Interest at 10% per annum on delinquent assessments plus reasonable attorney fees and costs. (Article V, Section 7)

Fences

Definitions of Adjoining fences, Public fences, etc. No specific restrictions. (Article I, Section L, M, N)

Use restrictions

Dwelling unit defined as for use and occupancy by a single family. (Article I, Section K)

Voting & meetings

Two classes: Class A (all owners except Declarant) one vote per lot; Class B (Declarant) two votes per lot owned. When more than one owner of a lot, they determine one vote. If one dwelling unit on two lots, only one Class A membership. (Article III, Section 2)

Amendments

Declaration may be amended by affirmative vote of three-fourths of voting membership at meeting. Also Declarant may unilaterally amend to comply with government agency requirements (Special Amendments). (Article X)

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