Honey Creek Meadows

Key facts from Honey Creek Meadows's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Honey Creek Meadows

Units / lots

12 lots in the Initial Tract (Section One, Lots 01-12); up to 181 lots if Initial Tract and all Additional Tract are made subject (Article I(n), Article I(w), Article IV, )

Developer / declarant

Arbor Investments, LLC, an Indiana Limited Liability Company (Preamble: 'made this 19th day of Novembe)

Governing law

Indiana Nonprofit Corporation Act of 1991, Indiana Code § 23-17-1 et seq. (Article I(a), Article I(e), Recitals)

Assessments & dues

Same amount for each Lot, based on adopted annual budget estimating Common Expenses (Article XI, Section 3)

Special assessments

Association may levy special assessments; costs of Declarant/Association maintenance or removal performed on a non-conforming Lot are collected as a special assessment (Article X, Section 2; Article VIII, Sect)

Collections & liens

Association has a lien on each Lot for unpaid assessments, costs of collection and reasonable attorney fees; may also lien for damage to Common Areas and for Owner's failure to maintain Lot (Article VIII, Section 2; Article VIII, S)

Reserves & fees

Annual budget must include establishment and maintenance of a replacement reserve fund for capital expenditures and replacement/repair of Common Areas, kept in a separate interest-bearing account (Article XI, Section 2)

Leasing & rentals

Yes; leasing of a Lot is not considered a trade or business (Article X, Section 13 final paragraph)

Fences

Fences require Committee approval; walls, sidewalks and fences otherwise permitted or approved by Board may be allowed in Landscape Easements (Article IX opening paragraph; Article X,)

Architectural approval

Yes; no fence, deck, retaining wall, recreational equipment, structure, storage shed, doghouse, construction, exterior alteration, or plantings/removal of plants/trees/shrubs without Committee approval (Article IX opening paragraph; Article IX)

Home business

Business activities allowed within Dwelling Unit if not apparent/detectable from outside, conform to zoning, do not involve non-resident visitors or door-to-door solicitation, and are consistent with residential character as determined by B (Article X, Section 13)

Maintenance

Association maintains Common Areas unless otherwise duty of Owners; Owners maintain Lots and improvements not provided by Association; Owners maintain drainage ditches/swales, erosion control, and building/finish ground elevations on their (Article VIII; Article X, Sections 3 and )

Insurance

Board must procure and maintain insurance coverages required under Declaration and such other coverages as Board deems necessary or advisable for benefit of Association, Owners, Managing Agent and Board (Article V, Section 6(f); Article XIII, S)

Use restrictions

Real Estate shall be used only for single-family residential purposes (Article X, Section 12)

Voting & meetings

Class A Members (all Owners except Class B) have one vote per Lot; Class B Members (Declarant and designated successors/assigns) have four votes per Lot until Applicable Date (Article IV, Section 2(a)-(b))

Amendments

Amendments adopted and recorded as provided in Article XV; certain amendments require Special Amendment procedure; Declarant may amend without membership consent while owning land subject to Declaration (Article XV, Section 1; Article XV, Secti)

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