Pecan Lakes HOA

Key facts from Pecan Lakes HOA's documents

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

Community type

homeowners association (1.01 'Pecan Lakes Homeowners' Associatio)

Legal name

Pecan Lakes Homeowners' Association

Governing law

Mississippi Nonprofit Corporation Act (1.01 'organized pursuant to the Mississi)

Assessments & dues

Membership Dues may be paid quarterly or annually to Pecan Lakes HOA; payment by check or credit card; contact Association Management Systems at 601-582-3330 (Rule 31)

Special assessments

Board may prepare supplemental budget and levy supplemental Assessment on Owners for proportionate share of deficiency if monthly assessments insufficient (11.11)

Collections & liens

unpaid Common Expenses, assessments or fines plus costs, reasonable attorney's fees, and interest at maximum Mississippi rate constitute lien on Owner's interest; full assessment is lien from time first installment due (11.07, 11.08 and 11.09)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, and replacement of improvements to Common Area and Common Elements, funded out of regular assessments; budget includes reserve accounts compute (11.05 and 11.02)

Pets

pets allowed but must be kept on Owner's Lot, under fence or inside Improvement/Residence; pets must be walked on a leash (Rule 24)

Parking & vehicles

Common Area parking lots shall not be used for any purpose other than parking automobiles (Rule 9)

Maintenance

Owner shall promptly perform all maintenance and repair work to Lot/Improvement; Owner shall reimburse Association for expenditures to repair/replace Common Areas or Common Elements damaged through Owner's fault (12.02)

Voting & meetings

two classes of voting membership: Class A one vote per Lot; Class B four votes per Lot; votes not divisible (6.01)

Amendments

By-Laws may be altered, amended, repealed or new By-Laws adopted by affirmative vote or agreement of all Owners; notice of subject matter included in meeting notice; no amendment conflicting with Articles or Declaration; effective when reco (14.01, 14.02, 14.03 and 14.04)

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