The Waters at Lake Anna Homeowner's Association

Key facts from The Waters at Lake Anna Homeowner's Association's documents

Community type

Single family residential subdivision (Covenants preamble: "insure the orderly )

Developer / declarant

VIRGINIA LAND & LAKES, INC. (Covenants 19, 20, 21)

Governing law

Chapter 10 of Title 13.1 of the Code of Virginia (for corporations); Virginia General Statutes (for liens) (Bylaws preamble; Covenant 10 ("Virginia )

Age restriction

Not present (None)

Assessments & dues

Recommended initial $200 per year per lot (non-binding recommendation) (Covenant 11)

Special assessments

Board may levy special assessments; expenditure over $2,500 requires majority vote of quorum of members (Bylaws 7.7)

Collections & liens

Unpaid assessments become lien on lot when filed of record; superior except real estate taxes, prior recorded liens, and first mortgage; foreclosure permitted; also personal liability (Covenant 10; Bylaws 7.4, 7.6, 7.9)

Reserves & fees

Board may include amounts for reserves in budget; reserve fund status must be reported annually (Bylaws 4.14(a)); common surplus may be allocated to reserves (Bylaws 7.2) (Bylaws 4.14(a), 7.2, 7.3)

Pets

Yes, dogs and cats allowed, but must not disturb or annoy residents, not allowed to run free, must be walked on leashes, waste must be scooped and disposed (Covenant 13)

Leasing & rentals

Yes, but owners must provide renters with copy of Covenants (Covenant 15); Short Term Rental requires owner contact info per Louisa County (Owners' and Renters' Guide item 4) (Covenant 15; Owners' and Renters' Guide )

Parking & vehicles

Prohibited: lot owners and occupiers shall not leave vehicles parked on subdivision streets (Covenant 18)

Fences

Fences allowed but chain link material not permitted; must be approved by ARC (Arch Rules & Guidelines, General Guideli)

Architectural approval

Yes, before any new construction, reconstruction, exterior modification, addition, exterior remodeling or improvement to dwelling or lot (Architectural Rules and Guidelines, Gene)

Home business

Allowed only as an interior room used as private office not open to clients, or if occupant resides in home (Covenant 3 (exception 1))

Setbacks / home size

Subject to all drainage easements, setbacks, street right-of-ways, wetland delineations as per Map of Survey (Covenant 24)

Maintenance

Not specifically assigned; presumably owner's responsibility for dwelling roof (None)

Insurance

HOA shall levy assessments for liability insurance, local taxes, maintenance (Covenant 10). Association may maintain insurance (Bylaws 4.14(n) – officer/director liability insurance). Specific coverage not detailed. (Covenant 10; Bylaws 4.14(n); 6.2 (fideli)

Use restrictions

Property restricted to single family residential purposes only; two exceptions: interior room as private office (no clients) and subdivision support activities (Covenant 3)

Voting & meetings

Each lot entitled to two votes cast by its owner(s); voting may be in person or by proxy; no cumulative voting (Covenant 8; Bylaws 3.6, 3.7, 3.10)

Amendments

Declaration may be amended by BOD resolution AND instrument signed by not less than 75% of lot owners; recorded in Louisa County; no amendment can alter obligation to pay assessments or affect lien or Declarant's rights. Bylaws may be amend (Covenant 12; Bylaws Article IX)

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