Sherwood Meadows II

Key facts from Sherwood Meadows II's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association ([[PAGE 1]]: SHERWOOD MEADOWS II HOMEOWNE)

Legal name

Sherwood Meadows II Homeowners Association, Inc.

Developer / declarant

DATO Development, LLC

Governing law

Not-for-Profit Corporation Law of the State of New York (Section 3.01)

Special assessments

Permitted for capital improvements; requires consent of two-thirds (2/3) of Unit Owners voting in person or by proxy if for new construction or exceeding 20% of current monthly assessment. (Section 5.07)

Collections & liens

Assessment is a continuing lien on the Lot; may be foreclosed; lien subordinate to first mortgages. (Sections 5.01, 5.08, 5.12)

Reserves & fees

Board may establish reserve accounts for future expenses; surplus may be carried forward. (Sections 5.02, 5.10)

Pets

Yes, subject to rules. (Section 9.03 - Any pets owned by Owners )

Fences

No chainlink fences of any kind may be placed or erected on any Lot or Unit. (Section 9.04 - No chainlink fences of an)

Architectural approval

Any color, structural, or design changes to Units require written approval from the Board of Directors. (Section 6.01 - any color, structural or )

Signs & flags

No signs for display to public view except those erected by Developer during initial development, lease, or sale. Includes temporary signs advertising property for sale or rent. (Section 9.02 - no additional sign or oth)

Maintenance

Owner (part of Unit exterior). (Section 6.01 - Unit Owners or Lot Owner )

Insurance

Deductible is a common expense; but if necessitated by negligent/wrongful act of an Owner, may be assessed against that Owner, with lien rights. (Section 8.01 - Deductible paragraph)

Use restrictions

Property must be used as a residential community; no immoral, improper, offensive, or unlawful use. (Section 9.01 - No immoral, improper offe)

Voting & meetings

One vote per Lot regardless of number of Units owned; joint owners collectively one vote; corporate owner votes by officer. (Sections 3.03, 3.04)

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