The Monument at Troon North

Key facts from The Monument at Troon North's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Highlands at Troon North Homeowners’ Association

Developer / declarant

PPVN

Reserves & fees

If assessment not paid within 30 days after delinquency, a late charge of $15.00 or 10% of any unpaid assessment, whichever is greater, levied. (Article 6.07)

Leasing & rentals

Implied: Members may delegate right of enjoyment of Common Areas to tenants (Art 3.02). No explicit restriction on leasing. (Article 3.02)

Insurance

Broad form public liability policy of at least $1,000,000 combined limits covering all Common Areas and facilities and all damage or injury caused by negligence of Association or its officers, directors, or agents. (Article 7.01)

Use restrictions

Property shall be used only for those activities permitted in the Troon North Declaration and this Declaration. Association may impose additional use restrictions by Board amending Bylaws or adopting Rules and Regulations. (Article 8.01)

Voting & meetings

Each Member is entitled to one (1) vote for each Lot owned or each acre (or fraction thereof) of any other portion of the Property. Fractional votes not allowed. If a Member holds more than one vote, votes need not be cast as a unit. (Article 2.04)

Amendments

Declaration may be amended by then Members holding at least 51% of total voting power. Amendment recorded by Certificate of Amendment signed by president or vice president and attested by secretary or assistant secretary. (Article 11.02)

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