The Summit Homeowners Association

Key facts from The Summit Homeowners Association's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article 1(h))

Legal name

The Summit Homeowners Association, Inc. (Article 1(h))

Developer / declarant

Gary L. Fields (also Defined as 'Developer' includes his heirs, successors, and assigns) (Article 1(f))

Assessments & dues

Maximum $500.00 per year per Lot, effective October 3, 2006, due January 1 of each year. (Article 26 Section 3)

Collections & liens

Unpaid assessments become a continuing lien on the property and a personal obligation of the owner. Association may foreclose the lien or bring action at law. Attorney’s fees added to lien. Lien subordinate to first mortgage; foreclosure of (Article 26 Sections 1, 8, 9)

Pets

Yes, dogs, cats, or other household pets may be kept, but not for commercial purposes or resale. (Article 14)

Leasing & rentals

Yes, lots may be used for second homes and rental properties, including nightly rental (except Lot 1 and Lot 4A originally, now Lot 4 for commercial). (Article 11.1)

Parking & vehicles

Not explicitly allowed; inoperable vehicles cannot be parked on street. (Article 10.16)

Signs & flags

One professionally made sign per lot indicating ownership/cabin name, max 18" x 36". Temporary realtor sign professional, max 2 sq ft (or standard realtor sign whichever less). Developer excluded until all lots sold. One American flag per h (Article 13)

Use restrictions

Yes, all lots restricted to single-family residential, second home, and rental (including nightly rental) use, except Lot 1 and Lot 4A (originally designated for commercial/office; later amended to Lot 4 only). (Article 11.1 and Article 9.1)

Voting & meetings

One vote per lot owned; Developer has one vote per lot not yet conveyed. Voting may be in person, by proxy, or by mail. Only owners in good standing with the Association vote. Vote cannot exceed one per lot even if multiple owners. (Article 25 Section 2)

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