Banack Terrace Homeowners Assn

Key facts from Banack Terrace Homeowners Assn's documents

Community type

Covenant / Planned Community

Legal name

Banack Terrace, Inc.

Developer / declarant

Wilton Russell Banack and Lynn M. Banack (Preamble)

Assessments & dues

Assessments set by the Board of Directors of the Association (Sec. 2)

Collections & liens

If assessment not paid promptly when due, it constitutes a lien upon the parcel owner's property and may be enforced in equity as in any lien foreclosure (Sec. 2)

Pets

Horses, dogs, cats and other household pets are permitted, as long as they do not create a nuisance and comply with governmental ordinances (Sec. 4(b))

Parking & vehicles

Recreational vehicles and horse trailers are permitted, limit of 2 per parcel, must be maintained in working condition and not a visual nuisance (Sec. 4(a))

Fences

Fences constructed of wood or chain link; not obstruct sight lines or road access; vertical limit 4 feet in front yard, 6 feet in back yard (Sec. 3)

Architectural approval

Prior to construction, parcel owner shall obtain approval of design plans including color schemes of a majority of 75% of the Board of Directors (Sec. 3)

Home business

Non-commercial, home-based businesses are permitted, subject to county ordinances and licensing requirements (Sec. 4(b))

Setbacks / home size

minimum 50 feet from all parcel boundary lines (Sec. 3)

Use restrictions

Each parcel shall be used and occupied only for single family residential purposes (Sec. 4)

Amendments

Amendments require written consent of record title owners of at least 75% of the parcels; certificate recorded in Public Records (Sec. 5)

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