Governor's Island

Key facts from Governor's Island's documents

Reflects the 1992 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential (Preamble)

Legal name

Governor's Island Club, Inc.

Developer / declarant

Stockholders of Governor's Island Club, Inc. (Preamble and Section I)

Special assessments

Permitted; Association may assess and collect for special expenses (Section X)

Collections & liens

Homesites subject to lien for past due assessments; Memorandum of Lien filed in Belknap County Registry of Deeds within 6 months after assessment due (Section VI (paragraph 2))

Leasing & rentals

Leasing permitted but limited to one family at a time; owner must acquaint lessee with Club rules and regulations (Section IV.G)

Architectural approval

Board of Directors must approve plans for Living Units, Additional Living Units, Outbuildings, and Building Changes (Section III.A, III.H.1)

Home business

Hobbies, crafts and home business activities as allowed by town ordinance permitted provided no exterior evidence, only occupants engaged, no traffic, sale of materials/goods on site, and signs prohibited (Section IV.C)

Signs & flags

Prohibited in connection with home business activities (Section IV.C)

Setbacks / home size

25 feet from boundary line of adjoining lot; 35 feet from boundary line between lot and adjoining road; 40 feet from shore of lake (high water mark at elevation 504.32 ft) – structures except docks, breakwaters, fences, retaining walls, roc (Section III.K)

Use restrictions

Community is single-family residential; any activity on a Homesite shall be clearly subsidiary and accessory to its use as a residence (Section IV.C)

Voting & meetings

Each owner of a Homesite automatically a member with one vote per owned share of stock (Section X)

Amendments

May be amended or revoked upon recording of an instrument setting forth amendments or revocation signed by two-thirds (2/3rds) of stockholders (Section VIII)

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