Lakes Shady Shores

Key facts from Lakes Shady Shores's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community with single-family homes and common areas (Recitals: 'create an exclusive planned c)

Units / lots

46 (each lot intended for one single-family dwelling) (Article VI Section 1 and Article VIII Se)

Developer / declarant

A. Ben Pinnell, Jr. (original); all Owners as of 1999 (amending and restating) (WHEREAS clauses, signatures of Owners)

Assessments & dues

Initial maximum maintenance charge of $50.00 per month or $600.00 per annum (Article II Section 3(a))

Special assessments

May be levied in any assessment year for nonrecurring maintenance or capital improvements; requires? Not specified but presumably Board action; proceeds not commingled with Maintenance Fund (Article II Section 3(c)(i))

Collections & liens

Assessment constitutes a continuing lien on the lot; personal obligation of owner at time due; Association may foreclose lien; lien subordinate to first mortgages; notice to mortgagee required; Association may file notices of liens; enforce (Article II Sections 2, 4, 5)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for periodic maintenance, repair, and replacement of improvements of Common Maintenance Areas out of regular and annual assessments (Article II Section 3(b) last paragraph)

Pets

Yes, reasonable number of dogs, cats, or other household pets allowed; not for commercial purpose (Article VIII Section 13)

Leasing & rentals

Not explicitly allowed or prohibited; accessory dwelling unit 'may not be used as rental accommodations' (Article VIII Section 1) but no general restriction on leasing of main dwelling. However, 'No Lot shall be rezoned...commercial, instit (Article VIII Sections 1, 17, Article VI )

Parking & vehicles

Prohibited: 'No truck, bus, trailer or vehicle of any kind shall be left parked in the street in front of any Lot' except for construction/repair equipment in vicinity (Article VIII Section 12)

Architectural approval

Yes, Architectural Control Committee approval required for satellite dish, fence, building, wall, other structure, exterior addition, change or alteration. Plans and specifications must be submitted and approved in writing. (Article VII Sections 1, 2)

Solar & roof

Solar collector panels or equipment allowed only if screened from public view from center of right-of-way directly in front of house. (Article VIII Section 20)

Home business

Not explicitly allowed; commercial use prohibited (Article VIII Section 17)

Signs & flags

Limited: one for-sale sign (2'x3', stake, max 3' high); political signs (45 days before election, remove within 5 days after); subcontractor signs (temporary, 2'x3', remove within 30 days). No other signs. Picketing prohibited. (Article VIII Section 10)

Setbacks / home size

Minimum floor area: 2,000 square feet, exclusive of open or screened porches, terraces, patios, driveways, carports, garages. (Article VIII Section 3(a))

Maintenance

Association responsible for maintenance of Common Areas (lakes, private streets, island, drainage facilities, roadside ditches). Owner responsible for maintenance of lot, drainage culvert under driveway, original grades of ditches/swales cr (Article II Section 8, Article IV Section)

Insurance

Association authorized to purchase General Comprehensive Public Liability Insurance Policy covering occurrences on Common Areas; policy limits determined by Board. (Article IV Section 3)

Use restrictions

Yes, all lots shall be used for residential purposes only; no commercial, industrial, business, institutional, or non-residential use (Article VIII Sections 1, 17)

Voting & meetings

One vote per lot; if multiple owners, vote exercised as they determine among themselves; suspension for delinquency or violation (Article II Section 6(a) and (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.