Grace Meadows Homeowners

Key facts from Grace Meadows Homeowners's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Title)

Legal name

Grace Meadows Homeowners Association

Developer / declarant

Stinson Development Corporation (Article I, Section 1(i))

Assessments & dues

Board of Directors may fix actual assessment after considering current maintenance costs and future needs (Article V, Section 3)

Special assessments

May levy special assessment for capital improvements with assent of 66 2/3% of votes of Members voting in person or by proxy at a meeting with 30-60 days notice (Article V, Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the property; Association may bring action at law or foreclose lien; judgment includes interest, attorney's fees, and costs (Article V, Section 9)

Reserves & fees

Initial assessments deposited in 'Reserve Account' until balance reaches $6,000; then deposited in General Expense Account; reserve account returned to $6,000 on first day of March and September (Article X, Section a)

Pets

Dogs, cats, or other household pets may be kept provided they are not kept, bred, or maintained for any commercial purpose (Article VII, Section 1(l))

Leasing & rentals

Nothing in Declaration prevents rental of any Lot and improvements by Owner (Amendment 2, Article VII, Section 1(jj) )

Parking & vehicles

No boats, trailers, mobile home, camper, boat trailer, or similar wheeled vehicle shall be stored or parked on any Lot except in a closed garage or within fenced/enclosed portion of Lot, subject to ACC approval; temporary parking not exceed (Article VII, Section 1(w))

Fences

No fence, wall, hedge shall be placed on any portion of the sites with a greater height than eight feet (8'); no fence permitted on any part of any Lot unless approved by ACC (Article VII, Section 1(h))

Architectural approval

All building plans must be submitted to Architectural Control Committee for approval before construction begins; no building, fence, wall, sign, exterior light, or other structure shall be commenced, erected, placed, or maintained without a (Article VI, Section 2)

Solar & roof

Roofs shall be composition shingles, wood shingles, slate, imitation slate, or roof tiles if compatible in color and texture with prevailing roofing; other materials require ACC approval; all roofing materials shall be of 30-year life or lo (Article VII, Section 1(o))

Signs & flags

No building, fences, wall, sign, exterior light, or other structure shall be commenced, erected, placed, or maintained without ACC approval (Article VI, Section 2)

Setbacks / home size

Floor area (enclosed for heating and/or air conditioning) of any Living Unit shall be not less than 2250 square feet (Article VII, Section 1(f))

Maintenance

Association has duty to maintain, insure, and pay all taxes and assessments on all common areas; Owners responsible for maintaining their Lots (Article III, Section 4; Article VII, Sec)

Use restrictions

All Lots shall be used for single-family residential purposes only (except Lot 14); one detached single-family residence per lot, not exceeding 2.5 stories (Article VII, Section 1(i))

Voting & meetings

Class A members (all Owners except Developer) entitled to one (1) vote per Lot; Class B member (Developer) has votes equal to one more than total Class A votes, but reduced to one vote per Lot when Class A Lots equal or exceed four times Cl (Article III, Section 2)

Amendments

Developer, at its sole discretion, may amend or change covenants with consent of at least fifty-one percent (51%) of outstanding votes of Association (Article IX, Section 10)

Amenities

No common properties exist at this time (original declaration); Lot 14 later designated as common property (Article IV, Section 2; Amendment #1 (201)

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