Silver Lake Trails Homeowners Association, Inc.

Key facts from Silver Lake Trails Homeowners Association, Inc.'s documents

Community type

Homeowners Association (HOA) – Silver Lake Trails Homeowners Association, Inc. (Section 1.1 Association)

Units / lots

37 lots (Lots 1 through 37) plus associated Outlots (Recitals)

Developer / declarant

Silver Lake Trails, LLC, a Wisconsin limited liability company, c/o Neumann Companies, N27 W24075 Paul Court, Suite 200, Pewaukee, WI 53072 (Introductory paragraph, Signature block)

Governing law

Wisconsin Nonstock Corporation Law (as amended) referenced for Association governance; Wis. Stats. Sec. 66.0627 referenced for assessment lien enforcement (Section 3.3, Section 2.6(b)(3))

Assessments & dues

Not set in document; levied annually by Association as of March 1, payable by March 31. Initial assessment of $250.00 per Lot due at closing. (Section 4.1 Budget and Assessments)

Special assessments

Permitted; may be levied on all Lots for any purpose for which general assessment may be levied. (Section 4.1)

Collections & liens

Unpaid assessments (including interest, fines, collection costs) become a lien on the Lot; enforced like condominium liens. Association may foreclose and purchase property. (Section 4.3)

Reserves & fees

Budget may include a replacement reserve as part of general assessments. (Section 4.1)

Pets

Yes, up to 3 customary household pets (dog, cat, etc.) per Lot, not kept for breeding or commercial purposes. No reptiles or uncaged birds. Pets must be licensed if required; must be leashed on Common Areas; may be removed if nuisance/harmf (Section 6.2 Pets)

Parking & vehicles

Inoperative or unlicensed vehicles not permitted on a Lot. (Section 6.3)

Fences

Fences: maximum 48 inches height; materials: ornamental/decorative metal, stone, masonry, simulated wood (composite/vinyl that simulates wood); at least 50% open space. Chain-link, natural wood, stockade, white vinyl prohibited. Not on ease (Section 2.5(c))

Architectural approval

ACC shall respond within 30 business days after submittal of complete Drawings and payment of review fees; failure to respond = deemed no objection. Approval must be express and in writing. Approval expires if improvements not completed wit (Section 2.1(c))

Home business

Home-business allowed only with ACC approval; must have zero employees (outside immediate family) and no client/vendor/customer sales at home. (Section 6.1)

Setbacks / home size

Building envelopes are shown on the Plat. (Section 2.6(a))

Maintenance

Owner: maintains Lot and structures. Association: maintains Common Areas and Common Improvements (including storm water facilities, landscaping, Amenity Area improvements). Association may also maintain Street Trees in front of lots if Owne (Section 5.1, 5.2, 2.6(b)(1))

Insurance

Association obtains comprehensive general public liability insurance on Common Areas and all-risk casualty insurance on Common Improvements, plus other coverage deemed necessary. (Article 8 Insurance, Section 8.1)

Use restrictions

Each Lot used only for single family residential purposes. No trade or business except incidental personal business by mail/telecom, sale of Lots, or Declarant/Association offices. (Section 6.1 Permitted Uses)

Voting & meetings

Each Owner of a Lot is entitled to one vote per Lot owned. No vote if more than 30 days delinquent in assessments. (Section 3.2 Membership and Voting)

Amendments

By written consent of no less than 67% of total votes entitled (Section 9.1). Declarant may unilaterally amend until 1 year after 100% Lots sold and occupancy permits granted. Amendments must be recorded; validity challenge within 1 year of (Article 9 Amendment of Declaration)

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