Hickory Grove Sub Ph III

Key facts from Hickory Grove Sub Ph III's documents

Community type

Hickory Grove Subdivision Phase III, an Addition to the City of Little Rock, Arkansas (Page 3, second paragraph)

Units / lots

Lots 15,16,17,24,25,26,32R,33,34,35,36,37,50R,51,52,53,54,55,56,57,58,59,60,61,62,63 (Phase III) plus Phase II lots (not fully listed); after replat, Phase III may be reduced (Page 1-2: recital of existing lots)

Developer / declarant

EVMARK DEVELOPMENT, LLC

Governing law

Arkansas Nonprofit Corporation Act of the State of Arkansas (Page 4: 'a corporation under the Arkansa)

Special assessments

Board may charge reasonable Special Assessment to cover cost of effectuating transfer of membership (Article III); also Association may borrow money with two-thirds vote and hypothecate property (Article III Section 2; Article II Sectio)

Collections & liens

If Owner fails to reimburse Association for maintenance cost within 30 days after invoicing, the indebtedness shall constitute a lien against that portion of the Property on which work was performed (Article VIII Section 2)

Reserves & fees

Board may charge a reasonable Special Assessment against an Owner equal to cost of effectuating transfer of membership on books of Association (Article III Section 2)

Pets

Yes: 'a reasonable number of ordinary household pets belonging to the household, provided that they are indoor domestic pets and are not kept or maintained for any commercial purpose' (Article IX Section 25)

Leasing & rentals

Yes, but only entire Lot and Dwelling Unit may be rented; no portion of a Lot may be rented (Article IX Section 19)

Parking & vehicles

Prohibited from keeping on Property, except equipment/machinery customary for maintenance or as required by Association for Common Area (Article IX Section 16)

Architectural approval

Yes; no Improvement shall be constructed or maintained, no alteration/repainting to exterior, no landscaping unless plans approved in writing by Architectural Control Committee (Article VII Section 2)

Home business

Prohibited: 'No building or structure of any type may ever be placed, erected or used for business, professional, trade or commercial purposes on any portion of any Lot' (exception for public utilities) (Article IX Section 7)

Signs & flags

Only one sign of not more than five (5) square feet advertising property for sale or rent, unless approved by Architectural Control Committee (Article IX Section 26)

Setbacks / home size

Finished heated living area must equal or exceed 2,350 sq ft for one-story, 2,500 sq ft for multi-story (exclusive of porches, patios, garages, breezeways, etc.) (Article IX Section 5)

Maintenance

Owners maintain their Lots and improvements; Association maintains Common Area (Article V(a)) (Article VIII Section 1; Article V(a))

Use restrictions

Yes: 'No Lot shall be improved, used or occupied for other than private residential purposes' (Article VI)

Voting & meetings

Class A (Owners except Declarant): one vote per Lot; Class B (Declarant): three votes per Lot until conversion when Class A votes equal Class B or 10 years from recordation (Article IV Section 1)

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