Bailey Park

Key facts from Bailey Park's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

ASH-STONERIDGE, LLC, an Alabama limited liability company (First paragraph of Declaration)

Assessments & dues

$600.00 per year (Article IV, Section 7: 'The initial annu)

Special assessments

Requires approval by two-thirds (2/3) of total Association vote and Declarant (so long as Declarant has unilateral annexation option); Declarant may also unilaterally levy special assessments. (Article IV, Section 4: 'The Association )

Reserves & fees

Not explicitly stated; but assessments are collected at each closing. (Notice: 'PURSUANT TO ARTICLE IV OF THIS )

Pets

Dogs, cats, or other usual and common household pets in reasonable number as determined by the Board. (Article VI, Section 7: 'No animals, live)

Leasing & rentals

Lots may be leased for residential purposes only. (Article VI, Section 5: 'Lots may be leas)

Architectural approval

If ARC fails to approve or disapprove within 30 days after submission, approval is not required. (Article VI, Section 10: 'In the event th)

Home business

Prohibited without written approval of the Board; garage, porch or basement sales considered a business activity; leasing not considered business. (Article VI, Section 2: 'No business or b)

Signs & flags

Exterior sculpture, fountains, flags, and similar items must be approved by the Architectural Control Committee. (Article VI, Section 21: 'Exterior sculpt)

Setbacks / home size

Minimum 1,463 square feet of centrally heated living space; first story of any two-story home min 1,400 sq ft. (Article VI, Section 27: 'All residences )

Use restrictions

All Lots shall be used for single-family residential purposes exclusively. (Article VI, Section 2: 'All Lots shall b)

Voting & meetings

One vote per Lot owned (Article III, Section 2: 'Members shall b)

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