With the Term Obligations of the Association

Key facts from With the Term Obligations of the Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

D’Arcangelo Estates Property Owner’s Association

Developer / declarant

Cerignola, LLC (Preamble: 'Cerignola, LLC is the owner o)

Assessments & dues

Monthly or annual assessments imposed by association to meet communal expenses; assessments approved by majority of owners; pro rata equal share among lot owners (Article III Section 1 ('establishing and)

Collections & liens

Association has lien for unpaid assessments; assessment unpaid after 30 days triggers late fee, after 60 days interest, and thereafter is subject to foreclosure (Article VIII Section 1: 'This associatio)

Reserves & fees

Assessments may include monthly payments to general operating reserve and a reserve fund for reasonably anticipated repair and maintenance of open space or common areas (Article VI Section 1: 'Such assessments )

Maintenance

Association: care, upkeep, surveillance of association property and common areas; collection of assessments; hiring personnel. Owner: permit access for repairs to open space/common areas; pay assessments (Article IV Section 3 (association duties)

Insurance

Assessments may include liability insurance policy premium and hazard insurance premium for repair and maintenance work (Article VI Section 1: 'which may include)

Voting & meetings

Each lot owner entitled to one vote; no more than one vote per lot (Article II Section 1: 'The owner of a lo)

Amendments

Bylaws may be amended by association in a duly constituted meeting for such purpose; no vote threshold specified (Article VII Section 1: 'association in a)

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