Salem Crossing Townhomes

Key facts from Salem Crossing Townhomes's documents

Community type

Covenant / Planned Community

Legal name

Salem Crossing Townhomes, Inc.

Developer / declarant

Salem Crossing Inc. and Salem Crossing Townhomes, Inc.

Assessments & dues

Amount determined annually by the Board of Directors based on a budget. (Article IV Section 3 – Board prepares bu)

Special assessments

Board may levy special assessments up to $300 per unit per fiscal year without owner vote. Any amount exceeding $300 requires majority approval of Class A members. (Article IV Section 4)

Collections & liens

All assessments, late charges, interest, costs, and attorney's fees are secured by a lien on the Unit, superior to all other liens except ad valorem tax liens and first mortgages recorded before the assessment lien. After 30 days delinquenc (Article IV Sections 5 and 6)

Reserves & fees

Amount as the Board may from time to time determine. (Article IV Section 6)

Pets

Yes, limited to no more than a total of two (2) dogs, cats, or other household pets per Unit. (Article VI Section 7)

Parking & vehicles

Parking on Unit driveways and streets within the Community, except for temporary and guest parking, is prohibited. (Article VI Section 6)

Signs & flags

One 'For Rent' or 'For Sale' sign per unit, not exceeding 2 feet by 2 feet, may be erected by Owner without consent. Other signs require Board written consent. Board may erect reasonable signs. (Article VI Section 5)

Use restrictions

All Units shall be used for single-family residential purposes exclusively. (Article VI Section 2)

Voting & meetings

Two classes: Class A (owners) – 1 vote per unit; Class B (Declarant) – 3 votes per unit owned until termination of Class B membership. Multiple owners of a unit must determine how to cast the single vote; if unable to advise Secretary, vote (Article III Section 1 and 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.