Cumberland Place Ccrs

Key facts from Cumberland Place 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

Units / lots

Not explicitly stated; final plat shows 20.68 acres and lot numbering but total not given (Plat description page 30)

Governing law

Indiana Nonprofit Corporation Act of 1991, as amended (Section 1D)

Assessments & dues

Not fixed; determined annually by Board budget. (Section 5D)

Special assessments

Board may levy special assessments during fiscal year if annual assessment insufficient, or for unanticipated Common Expenses. (Section 5E)

Collections & liens

Each assessment, plus interest and costs, becomes a continuing lien on the Lot from due date, subordinate to prior recorded mortgages. Association may bring action to enforce payment and foreclose lien. (Section 5I i)

Reserves & fees

Budget may include a reasonable allowance for reserves. Deficits carried over; surpluses may be retained as reserves or credited against future assessments. (Section 5D and 5J)

Pets

Only family pets allowed. No commercial breeding or nuisance. No livestock or poultry. (Section 9A ix)

Leasing & rentals

Implied allowed; sign for rent permitted. No specific leasing restrictions stated. (Section 9A xii (sign for rent))

Parking & vehicles

Commercial vehicles, vehicles with commercial writing, and vehicles primarily used for commercial purposes must be parked only in enclosed garages or areas designated by Board. (Section 9A xiv b)

Fences

Ornamental fences or continuous shrub plantings serving as a fence require ARC approval. (Section 9A xi)

Architectural approval

Yes. No construction, alteration, removal, etc. of Improvements (including landscaping, fences, pools, antennas, etc.) may be commenced or maintained without written ARC approval. Repainting same color excepted. Declarant exempt. (Section 3B)

Signs & flags

One sign of not more than five square feet advertising property for sale or rent allowed. Developer signs allowed during Development Period. No other signs visible to public view. (Section 9A xii)

Setbacks / home size

Minimum from street right-of-way: 20 feet for residence, 25 feet for front load garage. Minimum rear yard: 20 feet. Minimum side yard: 6 feet (aggregate 12 feet). (Section 9A iii)

Insurance

Association shall maintain public liability insurance, officers and directors insurance, and fire and extended coverage insurance on Common Areas equal to full insurable value. (Section 2D)

Voting & meetings

Two classes: Class A (all Owners except Declarant during Class B) – one vote per lot. Class B (Declarant) – five votes per lot owned. Multiple owners of a lot may cast only one vote jointly. No split vote. (Section 2A iii a and b)

Amendments

Generally requires 75% vote of all Owners. Special amendments changing assessment liability require unanimous approval of all Owners and known mortgagees. During Development Period, Developer's prior written approval required. Developer may (Section 11)

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