Ironwood Estates I

Key facts from Ironwood Estates I's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Ironwood Estates I Homeowners Association (Section 1(e) - present intent)

Units / lots

Not numericially specified; defined as lots on Plat recorded in Cabinet C, Slide 031 (Section 1(y) Plat definition)

Developer / declarant

Stardust Development II, Inc.

Assessments & dues

Set by Board in its sole discretion based on budget; must be uniform per lot. (Section 7.2, 7.4)

Special assessments

Levied for capital improvements or extraordinary expenses; requires prior written consent of Declarant (if still Class B) and 75% vote of members present/proxy. (Section 7.3)

Collections & liens

Each Assessment is a charge, continuing servitude and lien upon the Lot; also personal obligation of owner when due. Lien may be foreclosed. (Section 7.1, 8.2)

Reserves & fees

Capital Reserve Fund established for replacement of Common Area landscaping and equipment; funded by Capital Reserve Assessments and kept separate. (Section 7.3.1, 9.1)

Pets

Reasonable number of generally recognized house or yard pets permitted. No animal before CO issued. No guard dogs during construction. Board determines reasonableness. (Section 4.1(o))

Leasing & rentals

Entire Dwelling Unit on a Lot may be let to a Single Family tenant by the Owner, subject to Declaration provisions. (Section 4.1(dd))

Parking & vehicles

Guests only, maximum 3 days. (Section 4.1(cc))

Architectural approval

Prior written approval of Design Review Committee required for any improvements, alterations, repairs, excavation, grading, landscaping, changes in exterior appearance, color schemes, etc. (Section 4.1(a))

Home business

Only keeping of an office for private use is permitted; no gainful occupation, profession, trade or other non-residential use. (Section 4.1(n))

Signs & flags

Signs visible from neighboring property prohibited except: legal signs, address numbers, one for-sale/lease sign (max 500 sq in, placed at least 6 ft from street), and other signs approved in writing by ARC. (Section 4.1(i))

Use restrictions

Lots shall be used, improved and devoted exclusively to residential use by Single Families. No gainful occupation except private office. (Section 4.1(n))

Voting & meetings

Two classes: Class A - one vote per lot; Class B (Declarant & Designated Builders) - 3 votes per lot. Class B converts to A upon conditions. (Section 6.3)

Amendments

Section 13.2 referenced; text truncated but likely requires 2/3 vote of Class A members. Declarant has unilateral amendment rights per Section 13.4. (Article 13)

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