Indian Crest Homes Association

Key facts from Indian Crest Homes Association's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Indian Crest Homes Association

Developer / declarant

Reitler & Company, a Colorado corporation (Recitals, PAGE 4)

Governing law

Colorado Common Interest Ownership Act (CCIOA) C.R.S. 38-33.3-101 et seq. (Recitals, PAGE 4)

Assessments & dues

Board prepares annual budget and determines amount; cannot increase more than 25% over prior year without majority vote of membership (Section 5.4.2, 5.4.3, 5.4.5, PAGE 12-13)

Special assessments

Requires resolution of Board and two-thirds (2/3) vote of Owners present at a meeting (Section 5.6, PAGE 13)

Collections & liens

Assessment lien on Unit; may foreclose lien; personal obligation of owner; lien priority subject to first mortgages recorded before July 1, 1992 and certain governmental liens; Association may bid at foreclosure (Section 5.1, 5.9, 5.10, PAGE 10-15)

Reserves & fees

Association may fund reserves as part of annual assessment (Section 5.4.1, 5.4.2) (Section 5.4.1, 5.4.2, PAGE 12)

Leasing & rentals

Yes, subject to restrictions (Section 7.3, PAGE 17)

Fences

Fences are part of Unit Exterior; owner responsible for maintenance (Section 6.1.2(a)); subject to architectural control (Section 7.1); privacy fences specifically mentioned as owner responsibility (Sections 6.1.2(a), 7.1, PAGE 15, 17)

Architectural approval

Yes, for any building, fence, wall, structure, exterior addition, change, decoration, or alteration; plans must be submitted to Board or Architectural Committee (Section 7.1, PAGE 17)

Maintenance

Owner responsible for maintenance, repair, and replacement of roofs (including downspouts, gutters, drains, flashing, skylights, sun pipes, vent pipes, and caps) (Section 6.1.2(b)(3), PAGE 15)

Insurance

Deductible portion borne by Association; Association may establish nondiscriminatory adjustment policies (Section 8.2, PAGE 19)

Use restrictions

Implied; Units are defined with 'Residence' and uses are subject to restrictions; no explicit statement but consistent with common interest community (Definition of Residence, Section 7.1-7.4)

Voting & meetings

One vote per Unit; majority vote decides all matters unless otherwise provided; proxy allowed (reference to voting by proxy in Section 2.1.3) (Section 3.2, PAGE 8; Section 2.1.3, PAGE)

Amendments

Pursuant to CCIOA Section 38-33.3-217; affirmative vote of owners of more than 50% of the votes (up to 67% as specified); Association's declaration amendment procedure references Article XI of Second Amended Declaration (two-thirds vote of (Fifth Amendment Recitals, PAGE 1-2; Sect)

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