S - Mountain Valley Homeowners Association

Key facts from S - Mountain Valley Homeowners Association's documents

Reflects the 1968 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Mountain Valley Homeowners Association

Developer / declarant

Lassa Homes, Inc. (Page 1)

Assessments & dues

Maximum $7.02 per lot per month initially (Article VI Section 3(a) (Page 9))

Special assessments

Permitted for capital improvements; requires 2/3 vote (Article VI Section 4)

Collections & liens

Assessment is a lien; may foreclose after notice; power of sale per CC §2924 et seq. (Article VI Section 1, Article VII Sectio)

Reserves & fees

Up to $1.00 per delinquent assessment (Article VII Section 1 (Page 11))

Architectural approval

Yes, for building plans (design, location, topography) by committee initially (3 years), then by Board (Part I Section 2 (Page 1-2))

Home business

Prohibited (no noxious or offensive trade; annoyance to neighborhood) (Part I Section 5 (Page 2))

Signs & flags

One sign per lot max 18x24 inches for sale/rent only; Declarant may erect signs during development (Part I Section 9 (Page 3))

Setbacks / home size

At least as required by local ordinances; no closer than original construction; side setback not required for garage if 30 feet or more from front lot line (Part I Section 4 (Page 2))

Use restrictions

Yes, single-family dwellings only (Part I Section 1 (Page 1))

Voting & meetings

One vote per lot; one class; exercised by owners; no cumulative; proxy allowed per bylaws (Article IV (Page 7-8))

Amendments

Part I: majority vote of lot owners after 2001; Part II: 75% vote of owners subject to assessment; must be recorded; FHA/VA approval needed while Declarant owns >25% (Part I Section 11; Part II Article IX Se)

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