Beacon Hill Community Association, Inc.

Key facts from Beacon Hill Community Association, Inc.'s documents

Community type

planned community intended to contain single-family homes, a golf course, and an equestrian center including equestrian trails (Preamble)

Legal name

Beacon Hill Community Association, Inc., a Virginia non-stock corporation (Preamble, Article 4)

Developer / declarant

Sandler at Beacon Hill, L.L.C., a Virginia limited liability company (Preamble)

Governing law

Virginia Property Owners' Association Act (Section 10.2)

Assessments & dues

Set by annual budget; Declarant may reduce by subsidy. No specific dollar amount stated. (Section 5.3)

Special assessments

Board may levy Special Assessments for unbudgeted expenses or expenses in excess of budget; may be rescinded or reduced by a majority vote within 60 days. (Section 5.5)

Reserves & fees

The Association shall establish and maintain a reasonable reserve fund for repair and replacement of Community Areas and Exclusive Community Property; contribution included in Annual Assessment or Local Area Assessments. (Section 5.9)

Leasing & rentals

Leasing of Lots is permitted; no Community Code may prohibit or restrict leasing or transfer. Owner may assign voting rights to lessee in writing. (Section 10.4(f), Section 4.3 (assigning )

Parking & vehicles

Association may designate use of parking spaces within Community Property. No Owner's right to use private streets for ingress/egress may be suspended, but association may regulate parking. (Section 3.2)

Home business

Activities not normally associated with residential or home-office use may be restricted or prohibited. (Section 10.4(c)(i))

Use restrictions

Association may restrict activities that create excessive noise or traffic, unsightly conditions, danger to health or safety, or unreasonable source of annoyance. (Section 10.4(c))

Voting & meetings

Two classes: Class A (Owner of each Lot, one vote per Lot, but no Owner other than Declarant may have more than 10 votes) and Class B (Declarant, initially 404 memberships, one vote each, lapses when Class A votes reach 203 or 10 years from (Section 4.3)

Amendments

By Declarant (during Declarant's Rights Period) or by Members (majority vote after Declarant's Rights Period). Amendments must be recorded in Loudoun County. County approval required. (Article 17)

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