Woodlake Neighborhood Association, Inc.

Key facts from Woodlake Neighborhood Association, Inc.'s documents

Reflects the 2013 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowner's Association (nonstock, nonprofit corporation) (Article I(A))

Developer / declarant

Oakbrooke Development, LLC (Article I(A))

Governing law

Kentucky nonstock, nonprofit corporation (Article I(A))

Special assessments

Board may amend budget if not exceeding limitations; otherwise need lot owner approval (67%) and special assessment payable in remaining monthly installments (Article V(D))

Collections & liens

Association may record a maintenance lien and foreclose; costs and reasonable attorneys' fees added. Personal liability of lot owner continues. (Article III(G))

Amendments

Bylaws may be modified or repealed by majority vote of (1) board: >50% of directors present and voting at a meeting with quorum; or (2) lot owners present at a regular or special meeting. (Article VIII)

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