Faulkner Crossing Ph V Property Description:qtr S2 Sc 6 Ts 1n Rg 10w

Key facts from Faulkner Crossing Ph V Property Description:qtr S2 Sc 6 Ts 1n Rg 10w's documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision (Described as 'Faulkner Crossing Subdivis)

Legal name

Faulkner Crossing Property Owners Association (Article I Definitions: 'Association' sha)

Units / lots

67 residential lots (238 through 304) plus 4 common property lots (CP1-CP4) (Lots 238 through 304, including common p)

Developer / declarant

Rausch Coleman Arkansas Developers, LLC and Rausch Coleman Mid-Ark, LLC

Assessments & dues

$120.00 per year per lot (Article IV Section 3(B): 'Regular dues s)

Special assessments

Permitted for capital improvements; uniform rate for all lots; applicable to that year only (Article IV Section 4: 'Board may levy ..)

Collections & liens

Unpaid assessments become a continuing lien on the lot; self-executing; personal obligation of owner; lien subordinate to first mortgage (Article IV Section 6(A): 'self-executing)

Reserves & fees

Board may establish reserve funds (Article V Section 4: 'The Board may esta)

Pets

Dogs, cats, or other common household pets may be kept, not for commercial purposes; other animals require Board approval renewable every 3 years (Article X Section 2: 'dogs, cats, or oth)

Parking & vehicles

Not allowed overnight; max 2 consecutive days; subject to towing (Article XI Section 1: 'no vehicle shall )

Architectural approval

Two sets of building and site improvement plans must be submitted to Architectural Control Committee for approval prior to construction (Article VIII Section 1: 'two (2) sets of)

Home business

Prohibited if customers or suppliers come to residence; otherwise home occupations not addressed (Article IX: 'Home occupations in which c)

Signs & flags

Prohibited unless approved; one for-sale sign up to 6 sq ft allowed; leasing signs up to 4 sq ft displayed inside window; no lawn rental signs; builders may display marketing signs during construction (Article XIII: 'Unless approved in writin)

Setbacks / home size

Front: 20 ft; Side: 10% of lot width (minimum 6 ft); Side (WROW - possibly wide right-of-way): 20 ft; Rear: 25 ft. Also subject to recorded plat. (Plat notes: 'Setbacks: Frnd-20 Side- 10%)

Use restrictions

Single-family residential only; no business or commercial use (Article VI Section 1: 'Only 1 single fam)

Voting & meetings

One vote per lot (owner), except Developer has four votes per lot as long as Developer owns lots (Article II Section 2: 'The owner of each)

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