Cedarwood

Key facts from Cedarwood's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Cedarwood Patio Home Homeowners Association

Developer / declarant

Brad W. Cummings and Mary L. Cummings, husband and wife, dba/Cummings Construction

Assessments & dues

Both annual and special assessments must be fixed at a uniform rate for all units and may be collected on a monthly basis. (Article 4.03)

Special assessments

Special Assessments for capital improvements are authorized. (Article 4.01(2))

Collections & liens

Annual and special assessments, with interest, costs, and attorney's fees, are a continuing lien on the property and a personal obligation of the owner at the time. Lien is subordinate to first mortgage. Sale or transfer under mortgage fore (Article 4.01, 4.05)

Reserves & fees

One-half (1/2) of the assessment if not paid within thirty (30) days after due date. (Article 4.04)

Pets

Not explicitly stated, but kennels or structures for care of dogs or other domestic animals are prohibited on Common Areas, restricted Common Areas, and within garages. (Article 5.03)

Leasing & rentals

Owners have the absolute right to lease, provided the lease is made subject to the covenants and restrictions in the Declaration, By-laws, and any regulatory agreement. Leasing for transient or motel purposes (rental for less than thirty da (Article 8.01)

Architectural approval

If the Board or committee fails to approve or disapprove within thirty (30) days after submission, approval is deemed given. (Article 5.01)

Maintenance

Association provides paint, repair, replacement and care of roofs. (Article 6.01)

Insurance

Association may provide and maintain upon the Units, hazard insurance covering the exterior of the Units. (Article 6.03)

Use restrictions

Each Unit shall be occupied and used only as a private dwelling for the owner, his family, tenants, and social guests, and for no other purpose. (Article 2.08(b))

Voting & meetings

Every owner of Unit 1, 2, 3, and 4 shall be a shareholder of the Association, entitled to vote and otherwise participate. Shareholding is appurtenant and cannot be separated from ownership. (Article 3.02)

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