Cypress Point Property Description:lt 244 Cypress Point

Key facts from Cypress Point Property Description:lt 244 Cypress Point's documents

Community type

Covenant / Planned Community

Developer / declarant

RANCH PROPERTIES, INC.

Assessments & dues

Initial annual assessment: $336.00 for vacant lots, $696.00 for lots with residence (Article XVIII(c))

Special assessments

Board of Directors may levy special assessment for capital improvements (construction, reconstruction, repair or replacement of capital improvements in Common Areas) (Article XVIII(c))

Collections & liens

Annual and special assessments are a charge on the Lot and a continuing lien; Association may foreclose lien; lien subordinate to first mortgage; sale under mortgage foreclosure extinguishes prior assessments (Article XVIII(c) and (d))

Pets

Dogs, cats or other household pets may be kept, not for commercial purpose (Article XI)

Signs & flags

One sign of not more than five square feet advertising property for sale or rent, or builder/developer signs during construction; no signs affixed to trees (Article X)

Use restrictions

Real property shall be held, owned and used only for residential purposes except as otherwise shown on plat (Article I)

Voting & meetings

Each Owner of a Lot entitled to one vote per Lot owned; multiple interest holders have one collective vote per Lot; Declarant entitled to one vote per Lot owned (Article XVIII(a))

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