Claymore Pk Homeowners A

Key facts from Claymore Pk Homeowners A's documents

Community type

Homeowners Association

Legal name

CLAYMORE PARK HOMEOWNERS ASSOCIATION, INC

Units / lots

25 (initial), up to 35 maximum (Article III, Section 2 (page 14) and Art)

Developer / declarant

Newton H. Ballou, Inc., a Texas corporation (Preamble, page 11 of DOC 43033)

Assessments & dues

$25.00 per Living Unit until January 1, 1980 (plus insurance), then budget-based; cap removed by 1980 amendment (Article V, Section 3(a) page 11 of DOC 4)

Special assessments

Board may levy special assessments for: capital improvements, exercising option under Article XIV, deficit up to 20% of current dues, repairs/replacements per other sections (Article V, Section 4, page 11 of DOC 430)

Collections & liens

Assessments are a continuing lien on each Living Unit; Association may foreclose; lien subordinate to first mortgages; foreclosure extinguishes prior assessment liens; personal obligation does not pass to successor unless assumed (Article V, Section 1, 7, 8, pages 9-14 o)

Reserves & fees

Association shall create and maintain adequate reserves for maintenance, repairs, and replacement of common elements that must be replaced periodically (Article V, Section 2(f), page 10 of DOC )

Pets

Reasonable number of generally recognized house or yard pets allowed, not for commercial purposes; no animal may become a nuisance; no visible structures (Article VIII, Section 4, page 19 of DOC )

Leasing & rentals

Owner may lease living unit to a tenant for a period of one year (stated in Article VIII, Section 1) but subject to Article XV (Sale of Living Units) which includes option for Association to purchase or lease (Article VIII, Section 1, page 19; Articl)

Parking & vehicles

No mobile home, trailer, boat, inoperable motor vehicle visible from neighboring property or public street; no vehicle repairs visible; trailers, campers, boats may be kept in designated parking areas (Article VIII, Section 7, page 20 of DOC )

Fences

No specific rule extracted; but owners responsible for fences (Article VI, Section 2, page 15) (Article VI, Section 2, page 15 of DOC 43)

Architectural approval

Environmental Control Committee (Article XII) and Board have responsibilities; Table of Contents lists Article XII Environmental Control, but full text not fully extracted (Table of Contents, page 10 and amendment)

Home business

No business purpose permitted (Article VIII, Section 1, page 19 of DOC )

Signs & flags

No explicit sign restriction in extracted text (Table of Contents lists Section 21 as Signs, but full text not provided) (Table of Contents, page 10 of DOC 43033)

Maintenance

Association maintains Common Area and exterior improvements (roofs, gutters, downspouts, exterior building surfaces, visible landscaping). Owner maintains interior, patios, garage, doors, windows, A/C, fences, light fixtures not installed b (Article VI, Sections 1-2, page 15 of DOC)

Use restrictions

Living Units shall be used solely for private single family residential purposes (Article VIII, Section 1, page 19 of DOC )

Voting & meetings

One vote per Living Unit owned; two classes: Class A (owners other than Declarant) and Class B (Declarant with 3 votes per unit); Class B ceases when Class A votes equal Class B or March 31, 1980, whichever earlier (Article IV, Section 1-3, pages 15-16 of )

Amenities

Recreational facilities on Common Area (Article III, Section 3); Association may borrow money to improve Common Area (Article III, Section 1(d)); specific amenities not listed (Article III, Section 1(d) and Section 3,)

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