Valley Falls Estates Ph I

Key facts from Valley Falls Estates Ph I's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

AFF Holdings, LLC

Assessments & dues

Fixed by Board of Directors of the Association. (Page 13: "The initial annual assessment.)

Special assessments

Board of Directors may levy special assessment in any assessment year for capital improvements. (Page 13: "the Board of Directors of the )

Collections & liens

Assessments constitute a lien on the Lot; Association may foreclose. (Page 13-14: "shall be a continuing lien )

Pets

Dogs, cats or other household pets may be kept, not for commercial purpose. (Article XI, Page 9: "dogs, cats or other)

Architectural approval

Approval required for any dwelling, building, structure or improvement; Proposed Construction defined broadly. (Article II(c), Page 5-6: "No dwelling, b)

Signs & flags

One sign not more than 5 sq ft advertising property for sale or rent; builder signs during construction and sales period. No signs affixed to trees. (Article X, Page 8-9: "one sign of not mo)

Setbacks / home size

Finished heated living area: 3,500 sq ft for one story; 4,000 sq ft for split level or multi-level. (Article III, Page 6-7: "shall equal or e)

Maintenance

Association responsible for maintenance, repair, replacement, operation of private streets and roads including liability insurance. Owners responsible for their lots and improvements. (Page 4: "the Association shall thereafte)

Insurance

Association must carry liability insurance for private streets and roads. (Page 4: "including but not limited to, a)

Use restrictions

All Lots shall be held, owned and used only for residential purposes. (Article I, Page 4: "All Lots herein plat)

Voting & meetings

Each Owner entitled to one vote per Lot owned. Multiple owners collectively have one vote per Lot. (Page 11: "The Owner(s) of each Lot shall)

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