Waldrop Farms

Key facts from Waldrop Farms's documents

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

Community type

Planned Community

Legal name

Waldrop Farms

Assessments & dues

$195.00 annually (Article IV, Section 3: "The initial annu)

Special assessments

May be levied for unbudgeted or excess expenses; must be approved by Owners holding at least two-thirds (2/3) of votes present at a duly called meeting and Declarant (during control period). (Article IV, Section 4)

Collections & liens

Assessments are a continuing lien on the Lot, superior to all other liens except ad valorem taxes and first priority mortgage. Association may foreclose after 60 days delinquency. (Article IV, Sections 5 and 6)

Reserves & fees

Budget shall include a capital contribution establishing a reserve fund in accordance with a budget separately prepared. (Article IV, Section 3: "The budget shall)

Pets

Reasonable number of domestic pets (dogs, cats, or other usual/common household pets) as determined by Board. (Article VI, Section 10)

Leasing & rentals

Yes, for residential purposes only. (Article VI, Section 8: "Lots may be leas)

Parking & vehicles

Prohibited for Owners; visitors allowed for periods less than 12 hours if no room on Lot. (Article VI, Section 7: "Parking is prohi)

Architectural approval

Architectural Control Committee (ACC) approval required for exterior painting, siding, signs, fences, storage buildings, antennas, tree removal, lighting, sculptures, solar, swimming pools, mailboxes, and more. (Article X and various sections in Articl)

Home business

Allowed if: (a) not apparent from exterior; (b) no persons coming onto Community or door-to-door solicitation; (c) conforms to zoning; (d) does not increase insurance; (e) consistent with residential character; (f) no materially greater use (Article VI, Section 2)

Signs & flags

One For Sale or For Rent sign (max 2x3 ft) with local phone number; one security decal/sign; no other signs without ACC approval. Board may erect reasonable signs. No advertising, directional or vendor signs except by Declarant during const (Article VI, Section 6)

Use restrictions

Each Lot shall be used for residential purposes only; no trade or business except home business with conditions. (Article VI, Section 2)

Voting & meetings

One vote per Lot; if multiple owners, vote cast as they instruct Secretary; if no instruction, vote suspended (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.