Austen Lakes

Key facts from Austen Lakes's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Austen Lakes Homeowners’ Association, Inc.) (Section 1.2)

Units / lots

At least 41 (based on reference to Lots 1 and 41) (Section 3.6)

Governing law

South Carolina (nonprofit corporation law) (Section 1.2, Section 4.1)

Assessments & dues

Set annually by Board based on budget (Section 5.4)

Special assessments

Allowed by Board if annual assessment insufficient or for unanticipated expenses. (Section 5.6)

Collections & liens

Unpaid assessment becomes a lien on the Lot, subordinate to first mortgage. Association may foreclose. Personal obligation of Owner. (Section 5.2, 5.9)

Reserves & fees

Budget includes reasonable allowance for reserves. (Section 5.4)

Pets

Normal and usual pets (dogs, cats, small animals) permitted, not for breeding or commercial purposes. (Section 7.5)

Parking & vehicles

Commercial vehicles (over 1 ton, more than 2 axles) prohibited unless enclosed garage. Service/delivery vehicles allowed during daylight. (Section 7.4(b))

Architectural approval

All improvements affecting exterior appearance, including fences, decks, walls, paint colors, etc., require prior written approval of Architectural Control Committee. (Section 6.4, 6.2)

Home business

Home office allowed if in compliance with Section 7.24 (not in excerpt). Trade or business prohibited. (Section 7.1)

Signs & flags

No signs without Board consent, except one 'for sale/for rent' sign up to 6 sq ft, political signs (max 45 days before election, 7 days after), US and South Carolina flags (max 4'x6'). (Section 7.3)

Setbacks / home size

As designated on the Plats. (Section 7.1, Section 3.12)

Maintenance

For Townhome Lots, Association maintains roof. For detached homes, Owner maintains. (Section 4.3(b), Section 5.3)

Insurance

Association maintains liability insurance on Common Areas and casualty insurance on Townhome Lots and Dwelling Units. (Section 4.4(a)-(b))

Use restrictions

Each Lot shall be used for residential purposes only. (Section 7.1)

Voting & meetings

Class A: one vote per Lot for each Owner; Class B: three votes per Lot for Declarant and Builder. During Development Period, all Association actions require prior written approval of Declarant. (Section 4.2)

Amendments

Declarant may amend via Supplemental Declaration during Development Period. After Development Period, Association may annex real estate with 2/3 vote of Members. No other amendment procedure provided in excerpt. (Section 2.3, 2.4)

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