Avenues Townhomes

Key facts from Avenues Townhomes's documents

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

Community type

townhomes (Title 'THE AVENUES TOWNHOMES' and repeat)

Legal name

Avenues Townhomes

Assessments & dues

Set annually by Board; initial assessment at purchase of $150 (non-refundable working capital) per original Declaration (Article VII, Section 6 (original), p. 14)

Special assessments

May be levied for capital improvements; original required assent of all members; amendment allows by Association (no vote threshold specified) (Article VII, Section 3 (original), p. 13)

Collections & liens

Assessment is a lien on the Unit; may be foreclosed; personal obligation of owner at time assessment fell due (Article VII, Section 1, p. 12 (original))

Reserves & fees

Adequate reserve fund for periodic replacement of Common Area (and Units in amendment) to be established, costs paid in regular installments (Article VII, Section 2, p. 13 (original))

Pets

Yes, with written Board approval (Article III, Section 3 (amendment), p. 2)

Parking & vehicles

Trucks, trailers, mobile homes, boats, commercial vehicles only with Board approval; delivery/pickup vehicles exempt for reasonable time; inoperable vehicles cannot be parked over 48 hours (Article III, Section 13 (amendment), p. )

Architectural approval

Written approval of Board required for any external improvement (building, fence, wall, driveway, patio, etc.) before construction (Article III, Section 12 (amendment), p. )

Signs & flags

Generally prohibited except one 'For Sale' or 'For Rent' sign not exceeding 5 sq ft with Board approval; Declarant's signs excepted (Article III, Section 4 (amendment), p. 2)

Maintenance

Association: exterior maintenance of structures, Common Area. Owner: interior utilities from entry point, patios/fenced areas, any damage caused by willful/negligent act (Article III, Sections 7-8 (amendment), p)

Insurance

Association purchases public liability insurance and other insurance as Board determines (Article VIII, Section 2 (amendment), p. )

Use restrictions

All residences for residential purposes only; no business, manufacturing, commercial, or religious undertaking (Article III, Section 1, p. 6, 23)

Voting & meetings

One vote per Unit; quorum is five of eight votes; majority of votes cast decides action (Article II, Section 3 (amendment), p. 23)

Amendments

Original: 75% of Owners (other than Declarant) or first mortgagees; Declarant may amend for corrections or to conform to FNMA/FHLMC. Amendment: 75% of Owners agree (Article XI, Section 3, p. 18-19 (origina)

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