Somerset Farms

Key facts from Somerset Farms's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Somerset Farms Homeowners Association, Inc.

Assessments & dues

Based on estimated expenses for maintenance, repair, operation, additions, etc. Board of Directors may increase pro rata at any time. (Section 12.5)

Special assessments

Not explicitly mentioned; assessments are based on estimated expenses (Section 12.5). (Section 12.5)

Collections & liens

Common Expenses chargeable to any Lot, including interest and costs, constitute a lien on the Lot, enforceable by sale. (Section 14)

Reserves & fees

Association shall maintain an adequate reserve fund for periodic maintenance and replacement of improvements to Common Elements. (Section 13.3)

Parking & vehicles

Prohibited for more than 48 hours. (Section 4.8: "on the streets for more th)

Architectural approval

Architectural Control Committee (ACC) approval required for any improvement, alteration, construction, landscaping, or addition. (Section 4.14)

Setbacks / home size

Dwellings one or two stories in height. (Section 4.14.1.1)

Maintenance

Association responsible for Common Elements maintenance; owners responsible for their Lots (implied). (Section 12.1 (obligation to pay pro-rata)

Insurance

Association shall maintain all-risk property insurance on Common Elements at full replacement cost with agreed amount endorsement. (Section 17.1)

Use restrictions

Lots shall be used and occupied only for single family residence purposes by the Owner's family or guests. (Section 4)

Voting & meetings

Declarant has all votes as long as owns at least one Lot. Thereafter, each Owner has one vote per Lot. (Section 10)

Amendments

This Declaration may be amended by 60% of aggregate ownership interest. Cannot be revoked unless all Owners consent. Amendment must be notarized and recorded. (Section 11)

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