Heritage Creek

Key facts from Heritage Creek's documents

Community type

Master Owners Association (HOA for planned community) but includes residential condominium units and retail/commercial condominium units (Articles 1 and 4)

Units / lots

438 (Same as lots; includes all residential a)

Developer / declarant

Carey Communities, Inc., a Delaware corporation (Preamble, page 1 of Declaration)

Assessments & dues

Set by Declarant until year after first conveyance; thereafter set by Board based on budget. No specific dollar amount in declaration. (Section 5.3(a))

Special assessments

Allowed; for non-emergency requires 67% member vote; emergency may be approved by Board alone (Section 5.5(a))

Collections & liens

Assessments are a continuing lien on the Lot; Association may foreclose. Lien subordinate to first mortgages. (Sections 5.1, 5.10, 5.11)

Reserves & fees

Board shall prepare annual reserve fund budget covering replaceable assets, expected life and cost; set contribution; separate interest-bearing account maintained (Section 5.12)

Leasing & rentals

Section 7.4 'Leasing and Transfers' exists but text not extracted (Table of Contents)

Architectural approval

Yes, for all Improvements (dwelling, landscaping, fences, etc.) (Section 6.1)

Voting & meetings

Two classes: Class A (each Owner of a Lot = 1 vote per Lot); Class B (Declarant = 3 votes per Lot owned) (Section 4.2)

Amendments

Section 12.8 'Duration and Amendment' exist; also Declarant may change/modify (Section 12.9); no details extracted (Table of Contents)

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