Estates of Lakeway HOA

Key facts from Estates of Lakeway HOA's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

THE ESTATES OF LAKEWAY PROPERTY OWNERS' ASSOCIATION, INC. (Section 2.d, Section 4.a)

Units / lots

38 (Lots 1 through 38, plus additional if added by Developer) (Section 1.a, also list of lots at end)

Developer / declarant

Lighthouse Development, LLC

Special assessments

Defined as voted by members, paid equally per lot. Continuing lien on lot. (Section 2.c)

Collections & liens

Unpaid dues, assessments, fees constitute a lien on the lot, enforceable in equity. Liens subordinate to mortgages until foreclosure sale and 6 months after or occupancy, whichever first. (Section 7.b, 7.d)

Pets

Yes, dogs, cats, or other household pets. (Section 13.e)

Leasing & rentals

Prohibited. Short-term defined as rental for period less than 90 days. (Section 13.o)

Parking & vehicles

Trucks, mail carts, dune buggies, golf carts, mobile homes, commercial vehicles, motor homes, travel trailers, campers, boats, motors, or trailers shall not be kept on lot unless garaged or screened from view; boats or other motor vehicles (Section 13.k)

Home business

Practice of any profession or carrying on of any business or commercial activity prohibited. (Section 13.a)

Signs & flags

Prohibited except developer's signs for dedication, traffic control, directional, temporary real estate signs (max 6 sq ft), and construction signs. (Section 13.m)

Setbacks / home size

Front: 50 ft from front yard line or roadway (whichever greater). Side: 10 ft from interior line. Rear: 25 ft from rear lot line. No setback from Corps take line for lake lots, but side setbacks apply. Eaves, steps, open porches considered (Section 6.h)

Voting & meetings

Two classes: Class A (lot owners, one vote per lot, only one vote per lot if multiple owners, first name on deed if no designation) and Class B (Developer, three votes per lot owned). All matters require majority vote quorum of both classes (Section 4.b)

Amendments

Developer may amend, rescind, or add to Paragraph 13 unilaterally. Owners may amend by 75% of lots, recorded. 75% vote may also change term. (Section 17)

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