Faulkner Crossing Ph IV

Key facts from Faulkner Crossing Ph IV's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

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

Assessments & dues

120.00 (Article IV, Section 3: Regular dues shal)

Special assessments

Board may levy special assessment for construction, repair, or replacement of capital improvement (Article IV, Section 4)

Collections & liens

Unpaid assessments become a continuing lien on the lot; Association may enforce via lien and attorney's fees; lien subordinate to first mortgage (Article IV, Sections 6 and 7)

Reserves & fees

Board may establish reserve funds separate from operating funds (Article V, Section 4)

Pets

Yes; dogs, cats, and common household pets allowed, not for commercial purposes (Article X, Section 2)

Parking & vehicles

Prohibited for more than 2 consecutive days; overnight prohibited (Article XI, Section 1)

Architectural approval

Yes; two sets of building and site improvement plans must be submitted to Architectural Control Committee for approval before construction (Article VIII, Section 1)

Home business

Prohibited if it involves customer or supplier traffic (Article IX: Home occupations in which cu)

Signs & flags

Generally prohibited unless approved; one for sale sign permitted not exceeding 6 sq ft; rental signs not exceeding 4 sq ft displayed through window; builder signs for marketing allowed; all signs must comply with city ordinances (Article XIII)

Use restrictions

Yes; lots for single-family residential only; no business, trade, or profession (Article VI, Section 1)

Voting & meetings

Each lot entitled to one vote; Developer has four votes per lot as long as Developer owns lots in Subdivision; action requires majority of outstanding votes (Article II, Sections 2 and 3)

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