Majestic Estates Subdivision Association

Key facts from Majestic Estates Subdivision Association's documents

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

Community type

Homeowners Association (HOA) (Section 3 - Homeowners Association; page)

Developer / declarant

Majestic Estate Developers, Inc., a Wisconsin corporation (Page 1, first paragraph)

Assessments & dues

$250.00 per Lot per calendar year initially (Section 4(a))

Special assessments

Board may estimate total amount for contingencies, replacements, extraordinary expenditures and notify owners; payment due within 20 days after notice. (Section 4(f))

Collections & liens

Association has a lien from date assessment is made; subordinate to first mortgage under Wis. Stat. 708.09; may be recorded and foreclosed; Owner personally liable; if Owner remains in possession after foreclosure, must pay reasonable renta (Section 4(c))

Pets

Domestic pets may be maintained by Owners. (Section 9(b))

Parking & vehicles

Not explicitly; but commercial vehicles likely covered by general vehicle prohibition. (Section 9(a) includes 'truck')

Fences

Fences cannot be installed until plans approved by ARB according to procedures. (Section 7(s))

Architectural approval

ARB approval required for all Work (construction, landscaping, alterations, etc.) before commencement. (Section 6(c), 6(d), 7(l), 7(s), 8(a))

Setbacks / home size

Minimum 2500 sq ft for one-story; minimum 3000 sq ft for 1½ or 2 story; excluding garage, porches, basements; below grade areas not counted. (Section 7(e))

Maintenance

Not explicitly; but roof repairs/alterations require ARB approval. (Section 6(c) includes roof remodeling/re)

Insurance

Association shall obtain and maintain insurance for Common Elements on an 'all risk basis' for full replacement value. Also general liability insurance not less than $1,000,000. Fidelity insurance at Board's election, not less than 50% of a (Section 16(a), 16(b), 16(c))

Use restrictions

All Lots shall be used exclusively for residential purposes designed for family occupancy. (Section 7(b))

Voting & meetings

Each Lot has one vote; if owned by more than one person, vote must be cast as a whole; no fractional voting; land contract purchaser must record equitable interest to be eligible to vote. (Section 3(b))

Amendments

Declarant has right to make modifications, changes, alterations, additions by recorded instrument signed by Declarant and approved in writing by County of Kenosha and Village of Twin Lakes. Otherwise, Declaration may be amended with written (Sections 17, 20)

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