Fairway Addition 2nd Filing

Key facts from Fairway Addition 2nd Filing's documents

Reflects the 1979 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision with homeowners association (Article III: Fairway Commons Homeowners )

Assessments & dues

Initial maximum annual assessment $360.00 per Lot (except Lots owned by Declarant) (Article V Section 3)

Special assessments

Allowed for capital improvements, repairs, etc. If total exceeds $5,000, requires 2/3 vote of each class. Board may authorize emergency special assessment by 2/3 Board vote without member vote. (Article V Section 6)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; may be foreclosed like a deed of trust under Wyoming law. Lien subordinate to first mortgages. (Article V Sections 1,8,9)

Reserves & fees

Association may establish cash reserve and sinking fund; initial capital contribution creates a reserve account. (Article V Section 2 (purpose); Article V)

Pets

Yes, dogs, cats or other household pets may be kept, not for commercial purpose, subject to Rules and ordinances. (Article VII Section 6)

Leasing & rentals

Yes, Owner may lease entire House upon terms deemed advisable, subject to lease being in writing, subject to Declaration and Rules. Only entire House, not portions. Only for single family residential use. (Article IV Section 3)

Parking & vehicles

No commercial type vehicles, trucks, or recreational vehicles stored or parked on Common Area except in designated area; not on residential streets or Private Streets except while engaged in transport to/from a building. (Article VII Section 9)

Architectural approval

Yes, for any structure, residence, accessory building, fence, wall, mailbox, driveway, or other improvement, and for any exterior addition or change, alteration, or landscaping, complete plans must be submitted to Architectural Control Comm (Article VI Section 3)

Home business

Prohibited except by Declarant for constructing and selling Houses or Lots (Article VII Section 11)

Signs & flags

Only signs advertising sale or rental of houses permitted, placed only inside House windows; Architectural Control Committee may adopt rules; these restrictions do not apply to Declarant while unsold lots. Association may erect identificati (Article VII Section 7)

Use restrictions

Each Lot shall be used only for one single family residence; density no greater than one single family residence per Lot (Article VII Section 1)

Voting & meetings

Two classes: Class A (Owners, one vote per Lot); Class B (Declarant, three votes per Lot until conversion on earlier of Class A votes equal Class B or Dec 31, 1982). Only one vote per Lot for Class A; if multiple owners, one designated to v (Article III Section 3)

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