Stepping Stones Homeowners Association, Inc.

Key facts from Stepping Stones Homeowners Association, Inc.'s documents

Community type

Covenant / Planned Community

Legal name

Stepping Stones Homeowners Association, Inc.

Units / lots

42 originally; later 48 (amended Sept. 17, 1990); current number not explicitly stated but derived from exemptions and property description (Recital A and Bylaws intro (p.10) and Ex)

Governing law

Idaho Nonprofit Corporation Act (Section 2.1, page 5)

Assessments & dues

Homeowners Association fee: $30/month per improved lot, $10/month per unimproved lot (as of amendment effective 01/01/02); water rates separately set; road maintenance assessment also set by Board (Bylaws Art. VI, Sec. 1 (page 5) and amen)

Special assessments

Board may levy Special Assessment for reconstruction/repair from act of God or other unattributable cause, equally on affected Members (Section 5.8 (page 11))

Collections & liens

Unpaid assessments become lien on lot upon recordation of Notice of Assessment Lien; enforcement by sale or judicial foreclosure; power to bid; may reduce redemption rights; suit for money judgment without waiving lien (Section 5.1, 5.12 (page 9, 11-12))

Reserves & fees

Road Maintenance and Water Usage Assessments shall include adequate reserve fund for periodic maintenance, repair, replacement of Common Area (Section 5.7 (page 11))

Pets

Not explicitly addressed in provided text (N/A)

Leasing & rentals

Yes, Owner has absolute right to rent out Lot/Dwelling, but rental agreement must be subject to Project Documents; Owner must provide copy of rental agreement and property manager contact to Board; tenant must comply; Owner responsible for (Section 7.7 (page 15-16))

Parking & vehicles

Not explicitly addressed in provided text (beyond road easements and use restrictions) (N/A)

Home business

Home occupations and cottage industries allowed per county code, subject to traffic and permit compliance (Section 7.1 (page 13))

Setbacks / home size

Dwellings: at least 1,000 sq ft living area; mobile homes: at least 600 sq ft; module homes: at least 1,000 sq ft (Section 7.2.1 (page 13-14))

Use restrictions

Lots used only for single family residential purposes, agricultural uses, home occupations, and cottage industries as defined by Kootenai County code (provided they do not unreasonably increase traffic and comply with permits); no other tra (Section 7.1 (page 13))

Voting & meetings

Owner of each Improved Lot gets one vote; if multiple owners, one vote per lot together; owners of unimproved lots have no voting rights; must be Member in Good Standing (Section 2.5 (page 5))

Amendments

Requires notice of proposed amendment in meeting notice; resolution adopted by vote of not less than 67% of total voting power of Association; certificate signed by two officers recorded (Section 11.2, 11.3 (page 20))

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