Landings at Oldefield Commons

Key facts from Landings at Oldefield Commons's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Landings at Oldefield Commons

Developer / declarant

The Landings, LLC

Assessments & dues

Maximum Regular Assessment until January 1, 2002: $300 per year. Thereafter, Board may set amount but any increase above 15% over previous year requires 2/3 vote of Members. (Section 6.3(i) and (ii))

Special assessments

Allowed for capital improvements, operating deficits, or special maintenance; requires 2/3 vote of Members casting votes in person or by proxy, except that special maintenance may be assessed without such vote? Actually Section 6.4(i) and ( (Section 6.4)

Pets

Yes, but with restrictions. No farm animals, fowls, or domestic animals for commercial purposes. Dogs must be confined to owner's lot or leashed, and owner must clean up after them. (Section 9.7(iv))

Home business

Home occupations permitted in the Zoning Ordinance of the City of Greenwood, Indiana. (Section 9.7(i))

Use restrictions

All Lots shall be used solely for residential purposes. No business buildings. Home occupations permitted as per Greenwood zoning. (Section 9.7(i))

Voting & meetings

Class A Members: one vote per Lot. Class B Member (Developer): three votes per Lot until Applicable Date (earlier of end of Development Period or December 31, 2004). Multiple owners of a Lot exercise one vote as they determine. (Section 4.2, 4.3, 4.4)

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