Bay Harbor

Key facts from Bay Harbor's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential property development subject to a declaration of covenants administered by an Association for the benefit of all owners of residential property within Bay Harbor (WHEREAS clauses)

Developer / declarant

Bay Harbor Development Corp., a Delaware corporation, of 111 Road 273C, Rehoboth Beach, Delaware 19971 (opening paragraph)

Assessments & dues

Assessments for common expenses are authorized by the Board of Directors and allocated equally among all residential lots within the Association (Article V, Section 1)

Special assessments

The Board, by majority vote, may impose a special assessment in any year so long as total assessments authorized under Article V do not exceed Five Hundred Dollars ($500.00) per lot in any one year (Article V, Section 3)

Collections & liens

Assessments are a continuing lien upon the lot against which each assessment is made, prior and superior to all other liens except taxes, bonds, assessments and other levies superior by law and the lien of any first mortgage of record made (Article V, Sections 1 and 4)

Reserves & fees

The annual budget shall include a capital contribution establishing a reserve fund in accordance with a separately prepared capital budget (Article V, Section 2)

Parking & vehicles

Each lot may have one attached garage for use by the owner, tenant, occupant and their guests, friends, servants and employees (Article II, Section 2)

Architectural approval

If the MC fails to approve, disapprove or request additional information within 45 days after submission, plans shall be deemed approved (Article III, Section 2)

Maintenance

Declarant initially grades and surfaces all streets and ways; subsequent repair, maintenance and improvement costs are borne by owners until streets/ways are conveyed to or taken over by a public road authority or dedicated to public use (Article IV, Section 4)

Use restrictions

All lands described shall be sold for private residential purposes only; no building shall be erected, maintained or used except one private dwelling house designed for occupancy by a single family and one attached garage (Article II, Section 2)

Voting & meetings

One class of membership; each lot has one vote, exercisable by the member or the member's spouse, but no more than one vote per lot (Article I, Sections 1 and 2)

Amendments

The Declaration may be amended only by the affirmative vote or written consent of members representing a two-thirds (2/3) majority of the total voting power; the percentage necessary to amend a specific clause shall not be less than the pre (Article VI, Section 2)

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