Cove at North Bethany Lot Owners Of

Key facts from Cove at North Bethany Lot Owners Of's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (The Cove Homeowners Association, Inc.) (Body of document)

Legal name

The Cove Homeowners Association, Inc.

Developer / declarant

W.G.C.V, L.P.

Special assessments

For capital improvements and operating reserve; requires assent of two-thirds (2/3) of votes of the Association; cannot be levied for initial construction by Developer (Article V, Section 6)

Reserves & fees

Initial assessment of $500 due upon each conveyance from Developer or Owners of Lots 1-12 to a third party purchaser for value (except Developer) (Article V, Section 1(4))

Voting & meetings

70% of eligible votes of the membership required to amend Declaration; certain amendments require consent of Developer and Owners of Lots 1-12 (Recitals, Article VII, Section 1)

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