Greenwood Commons All

Key facts from Greenwood Commons All's documents

Community type

Homeowners Association (Section 1(g): Corporation also known as )

Developer / declarant

Yeager Realty Company, L.P. and Jerome Martin d/b/a Myland Development Company (Preamble and Section 1(f))

Special assessments

Requires assent of two-thirds of votes of each class of members at a meeting; Declarant cannot vote via proxy. Board can impose for capital expenditures, disaster repair. (Section 13(d))

Reserves & fees

Board may establish replacement reserve fund for capital expenditures and replacement of Common Areas, Landscape Islands, Easements, Pockets; held in separate interest-bearing account. (Section 13(c) second paragraph)

Pets

Yes; pet dogs, cats or customary household pets may be kept in Dwelling Unit. (Section 17(e))

Leasing & rentals

Yes, but no rental for transient or hotel purposes; lessee must comply with Declaration. (Section 17(m) and (n))

Architectural approval

If ARB fails to approve, modify or disapprove within 30 days after submission, approval deemed granted. (Section 12(d))

Insurance

Each Owner solely responsible for insurance on his Dwelling Unit, its contents, and personal property. (Section 15(e))

Use restrictions

All Lots and Dwelling Units shall be used exclusively for residential purposes and for occupancy by a single family. (Section 17(a))

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