Providence Vil Homeowners

Key facts from Providence Vil Homeowners's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Art. I, §1(a) defines "Association" as P)

Developer / declarant

Gordon L. Meling

Assessments & dues

Annual assessment determined by majority vote of Association; assessed equally among all lots. Budget prepared by March 1, notified by March 15, due by June 1. (Art. IV, §6(a),(h); By-laws 6.01)

Special assessments

Allowed for capital improvements, unexpected repair, replacement on maintained areas; uniform for all lots. (Art. IV, §6(c): "...special assessment..)

Collections & liens

Assessment is a lien on the lot, can be foreclosed. Also personal obligation. Lien subordinate to mortgages. (Art. IV, §6(a),(f),(g))

Reserves & fees

Association may establish working capital and contingency fund; budget includes reserve for contingencies and replacements. (By-laws 5.01(d), 6.01; Art. IV, §6(b): ")

Voting & meetings

Each record owner of a lot has one membership, one vote. (Art. IV, §3 (Declaration): "No owner sha)

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