Keystone Woods

Key facts from Keystone Woods's documents

Reflects the 1971 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Keystone Square Company, a Partnership (DOC 166596: PAGE 1)

Assessments & dues

$60.00 per lot until fiscal year beginning May 1, 1973; thereafter may be increased or decreased by vote of Owners (Article IV, Section 3: 'Until the fiscal)

Special assessments

Allowed for capital improvements with assent of two-thirds of Class A and B members at a meeting with 30-day written notice (Article IV, Section 4: 'provided that, a)

Collections & liens

Assessment becomes continuing lien on property; Corporation may bring action at law or foreclose lien; reasonable attorney's fee fixed by court added to judgment (Article IV, Sections 1 and 6)

Voting & meetings

Two classes: Class A (one vote per lot) and Class B (Developer); Associate Members (no voting rights specified) (Article III, Section 2: 'Class A members)

Amendments

Covenants may be changed after initial term by instrument signed by majority of lot owners recorded. Additions to properties may be made by Supplemental Declaration adopting this declaration. (Article V, Section 1 and Article II, Sec)

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