Majestic Cove Homeowners Association, Inc.

Key facts from Majestic Cove Homeowners Association, Inc.'s documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Majestic Cove Community Association, Inc.) (Article I, Section 1.3)

Legal name

Majestic Cove Homeowners Association, Inc.

Developer / declarant

Metropolis Homes Co.

Assessments & dues

Maximum $300.00 per lot initially. (Article IV, Section 3)

Special assessments

For capital improvements requires 2/3 vote of each class. Single Lot Special Assessment for maintenance failures requires 2/3 Board vote and 30 days notice. (Article IV, Sections 4 and 6(b))

Collections & liens

Unpaid assessments become a continuing lien on the lot; can be recorded and foreclosed. Personal obligation remains with owner unless expressly assumed by successor. (Article IV, Sections 1, 8)

Reserves & fees

Association may establish reserve accounts for maintenance, operation, and improvement of Common Areas and facilities. (Article IV, Section 2(g))

Pets

Yes, dogs, cats, and other common domesticated household pets allowed. (Article VI, Section 7)

Leasing & rentals

Yes, use as rental unit is not prohibited. (Article VI, Section 2)

Parking & vehicles

Prohibited overnight or for more than 10 consecutive hours. (Article VI, Section 6)

Fences

Max height 6 feet above adjoining ground; ARC approval required; no fence on Lots adjoining retention pond. (Article VI, Section 10)

Architectural approval

Yes, for any building, modification, fence, wall, pool, landscaping, etc. (Article V, Section 1)

Home business

Not explicitly allowed; professional offices prohibited. (Article VI, Section 2)

Signs & flags

Commercial signs prohibited; real estate 'for sale' signs allowed up to 4 sq ft, not illuminated; other signs require Association permission. (Article VI, Section 21)

Setbacks / home size

Must comply with local government setback requirements. (Article VI, Section 4)

Maintenance

Owner maintains Lot and exterior of buildings; Association maintains Common Area. Association may repair Owner's Lot if Owner fails, and charge as assessment. (Article IV, Section 2(e) and 6(b); Artic)

Insurance

Association insures Common Area buildings (fire and all risk) and Association personal property (fair market value). (Article IX, Section 15(a))

Use restrictions

Yes. No commercial use except rental; professional offices prohibited. (Article VI, Section 2)

Voting & meetings

Class A (owners): 1 vote per lot. Class B (Declarant/Builders): 3 votes per lot until conversion. (Article III, 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.