Stuart Place

Key facts from Stuart Place's documents

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

Community type

Property Owners Association (Stuart Place Property Owners Association)

Legal name

STUART PLACE POA

Assessments & dues

Board may levy annual assessments for maintenance, repair, replacement, and accumulate reserve fund; also levy special or annual assessments as necessary. (7.07(f)-(g))

Special assessments

Board may levy special assessments; but may not consider levying special assessments without notice to owners under 9.012(6). (7.07(g), 9.012(6))

Collections & liens

Board may file liens and foreclose to collect assessments. (7.07(h))

Reserves & fees

Board may accumulate funds in a reserve fund for future capital improvements. (7.07(f))

Architectural approval

Not detailed in these bylaws, but appeals from denial of architectural control approval must not be considered without notice. (9.012(7))

Maintenance

Association responsible for maintenance, repair, landscaping of common areas. No specific owner maintenance duties in these bylaws. (7.07(a))

Insurance

Board may contract for casualty, liability, and other insurance on behalf of Association. (7.07(b))

Voting & meetings

Each Lot entitled to one vote per lot; if owned half by two owners, each half vote. Other statutory provisions about disqualification void. Written signed ballots required. Cumulative voting not allowed. Recount available within 15 days. (5.01, 5.02, 5.05, 5.06)

Amendments

By-Laws may be amended at regular or special meeting by affirmative vote of Members representing 2/3 of Lots, or by petition signed by Members representing 2/3 of Lots. Board may amend to comply with state law, subject to HOA attorney appro (16.01, 16.02, 16.03, 16.04)

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