Greencastle HOA

Key facts from Greencastle HOA's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (townhouse subdivision) (Article 1, Section 1 (Association); Arti)

Legal name

Greencastle Homeowner's Association

Units / lots

126 (each lot has one townhouse dwelling unit) (Article 1, Section 4 (Lot definition: on)

Developer / declarant

Pulte Home Corporation

Assessments & dues

Initial maximum annual assessment: $780.00 per Lot ($65.00 per month). (Article 6, Section 3)

Special assessments

Special assessments may be levied for reconstruction, repair, or replacement of townhomes, yards, berms, landscaping, fences, driveways, Parking Bays, Common Area improvements, or to fund Association duties. Requires assent of majority of v (Article 6, Section 5)

Collections & liens

Assessments (plus interest, attorney's fees, costs) are a continuing lien on the Lot and a personal obligation of the Owner. Association may foreclose the lien or bring an action at law. Sale or transfer does not affect lien; foreclosure of (Article 6, Section 1; Article 7)

Reserves & fees

Association shall establish and maintain reasonable reserves from annual assessments for maintenance, repair, and replacement of townhomes, yards, berms, landscaping, fences, driveways, Parking Bays, private streets, and Common Area improve (Article 6, Section 4)

Pets

Only dogs and cats kept as household pets are allowed; no other animals, livestock, or poultry. (Article 12, Section 2)

Leasing & rentals

Yes, with restrictions: minimum lease term 30 days; all leases subject to Declaration. As amended, each lot owner may lease only once during ownership; any subsequent lease is prohibited. Hardship exception: owner may request Board for a on (Article 12, Section 9 (original); First )

Architectural approval

Yes, for any structure, patio, improvement, addition, or landscaping (including changes to exterior colors, patios, decks, trees, shrubs) unless originally installed or approved by Declarant. Also for any modifications to exterior of reside (Article 10; Article 12, Section 5)

Signs & flags

One 'for sale' or 'for rent' sign not more than 5 square feet allowed per Lot; may be further limited by Village ordinances. Declarant's signs and Association signs excepted. (Article 12, Section 3; Article 18, Secti)

Maintenance

Association: exterior surfaces of townhouses (painting, siding, roofs, gutters, downspouts, shutters, tuckpointing) for normal wear and tear; lawns/trees/shrubs/berms (unless fenced/landscaped); refuse collection; snow plowing of driveways; (Article 11, Section 3; Article 19, Secti)

Insurance

Owner responsible for payment of deductibles under Association's casualty policy. (Article 19, Section 1)

Use restrictions

Properties restricted to residential dwellings and ancillary/accessory uses. Model homes and sales offices allowed during construction/sales period. No temporary structures as residences. (Article 12, Section 1 (as amended by Fir)

Voting & meetings

Class A Members: 1 vote per Lot. Class B Member (Declarant): 3 votes per Lot until termination. When multiple owners of a Lot, they determine how to cast the single vote. (Article 4)

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