Farm Sub Property Description:lt a the Farm

Key facts from Farm Sub Property Description:lt a the Farm's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Farm Property Owners Association, Inc.

Units / lots

39, designated Lots 1 through 39 (Article II.1: "described as Lots 1 throu)

Developer / declarant

PMT, LLC, an Arkansas limited liability company (Preamble: "This Declaration made this 25)

Assessments & dues

Not fixed in the Declaration; assessments shall be fixed by the Association in accordance with its Articles of Incorporation and Bylaws (Article XIV.1: "Assessments shall be fix)

Special assessments

Special assessments may be levied by the Association and shall be a charge and lien on the Lot (Article XIV.1: "annual assessments or ch)

Collections & liens

Assessments create a continuing lien and personal obligation on the Lot, subordinate to recorded first mortgages/deeds of trust; unpaid maintenance costs and assessments may be enforced by foreclosure; maintenance liens arise after 30 days (Article XIV.1; Article XI.2; Article X)

Pets

Dogs and domestic animals allowed subject to restrictions; no undomesticated animals, pit bulls, or animals with vicious propensities; no commercial breeding (Article VII.I)

Parking & vehicles

Driveways and paved vehicular areas must have a compacted gravel/crushed stone base and be surfaced with asphalt or concrete; driveways may access the adjacent street at one location only unless ACC approves otherwise (Article IV.20)

Fences

All fences must be approved by the ACC; plans must include fencing, walls and windbreaks; tennis courts and swimming pools must be screened from roads by an ACC-approved wall, solid fence, evergreen hedge or other visual barrier (Article VII.D; Article IV.3(g); Article )

Architectural approval

ACC has 30 days after proper written submittal to approve, disapprove or mark plans inadequate; failure to act within 30 days deems plans approved; incomplete plans may be rejected entirely, partially or conditionally approved (Article IV.16)

Signs & flags

Flag poles are permitted provided the pole is not more than 25 feet in height unless otherwise approved by the ACC (Article VIII)

Setbacks / home size

Minimum Front Setback: 50 ft from road centerline or 25 ft from nearest road easement boundary, whichever is greater; Minimum Side Setback: 25 ft; Minimum Rear Setback: 50 ft; ACC may authorize variations; tennis courts/pools may not be clo (Article IV.7)

Maintenance

Owners and occupants are jointly and severally responsible for maintaining their property and improvements; the Improvement District and Association may enter after notice to cure deficiencies and charge costs; Common Use Areas are maintain (Article XI.1-2; Article IX.2; Article X)

Use restrictions

Dwellings must be used for residential purposes; no business of any nature without written ACC approval (Article III.1)

Voting & meetings

Declarant gets three votes per Lot owned; all other Owners get one vote per Lot; no more than one vote per non-Declarant Lot (Article XVIII.2)

Amendments

During the first 20 years from recording, amendments require an affirmative vote of 75% of eligible votes and signatures of Owners holding 75% of eligible votes; thereafter 70% is required; Declarant gets three votes per Lot, all other Owne (Article XVIII.2)

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