Eden Estates Ccrs

Key facts from Eden Estates Ccrs's documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

EDEN HOMES ASSN., INC.

Developer / declarant

C.E. Walters and D.F. Cummins

Governing law

Indiana Not-For-Profit Corporation Act of 1971 (Article XIV, Section 2)

Assessments & dues

Maximum $480 per Lot until January 1 after Common Area conveyance. (Declaration Article IV, Section 3 (first)

Special assessments

For limited common areas (Board may fix), for capital improvements (requires 2/3 vote of each class). (Declaration Article IV, Section 4)

Collections & liens

Assessments are a continuing lien; Association may foreclose or bring personal action; interest, costs, attorney's fees added. (Declaration Article IV, Sections 1, 8; B)

Reserves & fees

Replacement reserve fund required, maintained in separate interest-bearing account (second Declaration only). (Second Declaration Article IV, Section 1)

Pets

Yes: dogs, cats, caged birds, and other unobjectionable domestic pets allowed; not for commercial purposes. (Declaration Article IX, Section 3(b))

Architectural approval

Yes, Architectural Control Committee or Board must approve plans for any structure or exterior change. (Declaration Article IX, Section 1)

Maintenance

Association (exterior maintenance includes roofs). (Declaration Article VI, Section 3)

Insurance

Association shall keep casualty insurance on insurable common area for full replacement cost; may obtain blanket fire/casualty on dwelling units; also liability insurance. (Declaration Article VIII, Sections 1, 2)

Use restrictions

Property to be developed and used only for multi family purposes. (Declaration Article IX, Section 3(m))

Voting & meetings

Class A: 1 vote per Lot; Class B: Declarant with 3 votes per Lot owned. One voting member per Lot. (Declaration Article II, Section 2 (first)

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