Arbor Glenn HOA

Key facts from Arbor Glenn HOA's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association for Townhome Units (WHEREAS - development containing Townhom)

Legal name

Arbor Glenn Hoa

Developer / declarant

Arbor Glenn Development Corporation (Article I Section 1.05)

Assessments & dues

Board authorized to fix annual assessment to meet costs and expenses; uniform rate for all Townhome Units (Article VI Sections 6.03, 6.05)

Special assessments

Association may levy special assessment for capital improvements, unexpected repair or replacement (Article VI Section 6.04)

Collections & liens

Unpaid assessment (with interest, costs, attorney fees) becomes a continuing lien on the Townhome Unit; may be foreclosed like a mortgage; also right to take possession via forcible entry and detainer (Article VI Section 6.07; Article XI Sect)

Reserves & fees

Replacement reserve established; initial payment by first Owner equal to 3 times first monthly assessment; Board may transfer surplus to operating account (Article VI Section 6.02)

Pets

Dogs, cats, or other common household pets (not to exceed total of 2); not kept for commercial purposes (Article IX Section 9.08)

Use restrictions

Townhome Units shall be used only for residential purposes as a private residence; no professional business or commercial use except incidental activities (library, records, phone calls, correspondence, incidental commercial activities like (Article IX Section 9.03)

Voting & meetings

Class A: one vote per Unit; Class B (Declarant): 20 votes per Unit owned, converts to Class A upon earlier of 5 years or sale of 24 Units (Article III Section 3.01)

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