Buckhorn Estates Ccrs

Key facts from Buckhorn Estates Ccrs's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Buckhorn Estates

Developer / declarant

Buckhorn Estates, L.L.C.

Governing law

Indiana not for profit corporation law (WHEREAS: create an Indiana not for profi)

Assessments & dues

By majority vote of Directors; Board sets General Assessment for each assessment year (Paragraph 10(b)(3))

Special assessments

May levy for capital improvements on Lake, with assent of all Class B Members and majority of Class A votes at meeting (Paragraph 10(c))

Reserves & fees

Interest at 12% per annum after 30 days from due date (Paragraph 10(e))

Pets

Yes, dogs, cats, other household pets allowed, not for commercial purpose (Paragraph 8(g))

Signs & flags

Except for Buckhorn signs, no sign displayed to public view except two (2) signs of not more than four (4) square feet for sale or by builder during construction and sale. Builder shall display 'sold' sign when sold. (Paragraph 8(b))

Use restrictions

Lots may be used only for single-family residential purposes; only one Residence per Lot (Paragraph 7(a))

Voting & meetings

Class A: one vote per Lot; Class B: five votes per Lot owned by Buckhorn/Managers; Class B ceases when Class A votes > Class B totals or December 31, 2012, whichever earlier (Paragraph 9(c))

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