HOA of Falcon Wood Ests Kenned

Key facts from HOA of Falcon Wood Ests Kenned's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article I, Section 1.1)

Developer / declarant

Falcon Wood Estates, Inc. (Preamble)

Assessments & dues

Board annually prepares a budget; assessment levied equally on all Lots; if proposed assessment exceeds 125% of prior year's annual assessment after 2008, requires approval of Class A Members holding a majority of votes at a meeting (Article VI, Section 6.4)

Special assessments

Special assessments require approval at a meeting of Class A Members holding a majority of total Class A votes and consent of Class B Member, if any (Article VI, Section 6.5)

Collections & liens

All assessments are a continuing lien on the Lot; may be foreclosed through judicial or nonjudicial foreclosure; sale or transfer of Lot does not affect lien; foreclosure of First Mortgage extinguishes lien for prior assessments (Article VI, Sections 6.2, 6.8)

Reserves & fees

Budget may include contribution to a capital reserve for repair and replacement of capital items (Article VI, Section 6.4)

Pets

A reasonable number of dogs, cats or other usual and common household pets may be permitted on a Lot (Article VIII, Section 8.5)

Leasing & rentals

Leasing of Lots is permitted (defined as regular, exclusive occupancy by any person other than the Owner, with consideration) (Article VIII, Section 8.28)

Parking & vehicles

Vehicles shall not be habitually parked on that portion of the Lot between the front of the building line and the street (Article VIII, Section 8.4)

Fences

No hedges, walls, dog runs, animal pens or fences of any kind shall be permitted on any Lot except as approved in accordance with the Third Amended Declaration; all materials used to build fences subject to approval of the Committee (Article VIII, Sections 8.25, 8.32(f))

Architectural approval

No structure shall be placed or installed upon any Lot, and no improvements shall take place except in compliance with Article VII and the Design Guidelines and upon written approval (Article VII, Section 7.1)

Solar & roof

Roofing material shall be of not less than 240 pound Timberline or better shingles; colors must be earth tones including browns, beige, slate and forest green; variance for 'Red/Spanish' (rolled tile) or other roof designs commonly more exp (Article VIII, Section 8.32(d))

Home business

No business, trade or similar activity may be conducted in or from any Lot, except that an Owner may conduct business activities if the business activity is not apparent or detectable by sight, sound or smell from outside the Lot, conforms (Article VIII, Section 8.26)

Signs & flags

Signs are regulated; personal signs indicating security announcements and similar type signs may be erected on a Lot for no more than a specified period (text partially illegible) (Article VIII, Section 8.3)

Setbacks / home size

Each dwelling constructed on any Lot shall contain a minimum required floor/living area, as verified by the ARC, of no less than three-thousand (3,000) square feet, computed exclusive of breezeways, garages, open porches, carports, accessor (Article VIII, Section 8.32(d))

Maintenance

Association responsible for maintenance of Common Property, entry features, monuments, and landscaping on Common Property or public right-of-way; Owner responsible for maintenance of their Lot and improvements thereon (Article IV, Sections 4.1, 4.2)

Insurance

Association shall obtain insurance for all insurable improvements which the Association is obligated to maintain, including fire and extended coverage, vandalism and malicious mischief, in an amount sufficient to cover full replacement cost (Article V, Section 5.1)

Use restrictions

Properties shall be used only for residential, recreational and related purposes (Article VIII, Section 8.1)

Voting & meetings

Class A Members: one vote per Lot. Class B Member (Declarant): 100 votes per Lot owned. Class B converts to Class A upon earlier of (i) 90% of Lots conveyed to Class A Members or (ii) other specified events. (Article II, Section 2.3)

Amendments

Article XIV, Section 14.2 provides for amendment; Declarant may unilaterally amend the Original Declarations and Supplemental Declarations (Recitals; Article XIV, Section 14.2)

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