Highlands at Eagle Crossing All

Key facts from Highlands at Eagle Crossing All's documents

Community type

Covenant / Planned Community

Governing law

Indiana Nonprofit Corporation Act of 1991, as amended (Section 1.2)

Assessments & dues

Determined annually by Board based on budget; not fixed in declaration (Section 5.4)

Special assessments

Board may levy special assessments if annual assessment insufficient or for unanticipated Common Expenses (Section 5.5)

Collections & liens

Unpaid assessment becomes a continuing lien on the Lot; Association may bring action to foreclose, with costs and attorneys' fees (Section 5.8)

Reserves & fees

Board may assess a late fee as determined from time to time (Section 5.8(b))

Pets

Yes, but no farm animals, fowls, or domestic animals for commercial purposes. (Section 7.5)

Parking & vehicles

Commercial vehicles primarily used or designed for commercial purposes shall be parked only in enclosed garages or areas designated by the Board (Section 7.4(b))

Architectural approval

Committee shall endeavor to approve or disapprove plans or request additional information within 30 days after submission of completed plans, specifications or drawings (Section 6.2)

Home business

Use of a portion of a Dwelling Unit as an office by an Owner, or his tenant, shall not be considered a violation if Owner is in compliance with Section 7.26 (Playground Equipment; likely drafting error) (Section 7.1)

Insurance

Association shall maintain adequate public liability insurance; may maintain fire and extended coverage insurance on Common Areas; may maintain officers and directors insurance; all policies must contain waiver of subrogation (Section 4.3)

Use restrictions

Each Lot shall be used for residential purposes only; no trade or business of any kind may be carried therein (Section 7.1)

Voting & meetings

One vote per Lot; if multiple owners of a Lot they are treated as one Member (Section 4.1)

Amendments

Referenced in table of contents as Section 9.2; text not provided in excerpt (Table of Contents - Article IX, Section )

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