Rogue Creek Valley Property Owners Trusteeship, Inc.

Key facts from Rogue Creek Valley Property Owners Trusteeship, Inc.'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Rogue Creek Valley Property Owners Trusteeship, Inc. (MO not-for-profit corporation) (Preamble and Section 1.16)

Legal name

Rogue Creek Valley Property Owners Trusteeship, Inc.

Developer / declarant

Oakwood Development Corp. (Recitals)

Governing law

General not-for-profit corporation law of the State of Missouri (Section 7.1)

Assessments & dues

As of April 2009: $60.00 per lot. (Section 6.3)

Special assessments

May be levied for capital improvements to Common Areas or for emergency purposes, requires affirmative vote of majority of Lots. (Section 6.4)

Collections & liens

Assessments are a continuing lien on the lot. Can foreclose by power of sale (like deed of trust) or judicial foreclosure. Notice of Delinquent Assessment recorded; sale may be held. (Sections 6.1, 6.7)

Reserves & fees

Interest at 18% per annum on unpaid assessments after 30 days. (Section 6.6)

Pets

Dogs, cats and other domestic pets may be kept, not for commercial purpose. (Section 5.13)

Leasing & rentals

Renting or leasing is prohibited; thus short-term rentals are not allowed. (Section 5.4)

Parking & vehicles

Prohibited for certain vehicles between 5:00 p.m. and 8:00 a.m.; vehicles without proper license plates cannot be stored or parked overnight in any parking area, street, driveway, or location. (Section 4.5)

Architectural approval

Written request to Board with plans; if Board fails to approve or disapprove within 30 days after submission, approval is deemed given. (Section 5.2)

Signs & flags

Only one sign of not more than eight square feet advertising the lot for sale permitted. (Section 5.12)

Setbacks / home size

On Lakes 1,2,3: 10 feet from front and rear lot line, 5 feet from side lines. In Camp Ground area: 20 feet front, 15 feet rear, 6 feet side lines. (Section 5.9)

Insurance

Board may purchase insurance for Common Areas; details not specified. (Section 4.2(d))

Use restrictions

All homes on Property shall be single-family residences. No commercial, industrial, mining or mercantile undertaking of any business permitted on lots. (Sections 1.13, 5.17)

Voting & meetings

Each Owner entitled to one vote per lot owned, maximum of ten votes, provided no unpaid assessments. (Section 3.2)

Amendments

Covenants run for 30 years from recording, then automatically extend for successive 10-year periods unless amended or terminated by affirmative majority vote of Lots. Amendment effective upon recording. (Section 8.3)

Amenities

Common Areas include lakes, boat docks, dams, recreational facilities. Rules for use may be adopted by Board. (Sections 2.1, 4.2(g), 7.3)

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