Olive Branch Manor Community Association, Inc.

Key facts from Olive Branch Manor Community Association, Inc.'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision with Homeowners Association (Title & Declaration Art. I §1.1 (Associa)

Assessments & dues

Maximum Regular Assessment initially $180 per year per Residence Unit until January 1 after first lot conveyance. (Declaration §7.2(i))

Special assessments

Yes, for capital improvements, deficits, special maintenance; requires 2/3 vote of members present in person or proxy. (Declaration §7.3)

Collections & liens

Unpaid assessments (plus interest, costs, fees) constitute a continuing lien on the Lot/Unit prior to all other liens except tax liens and first mortgage. Association may foreclose as a mortgage. Personal obligation also exists. (Declaration §7.6, §7.7)

Reserves & fees

A portion of Regular Assessment may be set aside as a reserve fund for repair and replacement of capital improvements maintained by Association. (Declaration §7.1)

Pets

Implied (no prohibition), but no domestic animals raised for commercial purposes, no farm animals/fowl. (Plat Covenant 11)

Leasing & rentals

Yes, but initial sales must be to owner-occupants. Owner-occupant may lease with written lease of minimum one year; lessee subject to rules and regulations. (Declaration §4.2)

Parking & vehicles

Disabled vehicles not allowed to remain in open public view. (Plat Covenant 12)

Fences

Wooden or black/green vinyl coated chain link only; no uncoated chain link; max height 6 feet; no fence forward of furthest back front corner of residence; style, color, location, height generally consistent; subject to ARC approval. (Plat Covenant 22)

Architectural approval

Prior written approval required for any residence, building, structure, walkway, fence, deck, wall, patio, or other improvement; also for exterior color changes; also for installation/removal of trees, bushes, landscaping. (Declaration §6.2(i); Plat Covenants 4,5,)

Setbacks / home size

Front yard minimum 25 ft (cul-de-sac 20 ft); rear yard minimum 15 ft; side yard minimum 6 ft (aggregate between buildings 14 ft). Building lines as shown on Plat. (Plat Covenant 6)

Use restrictions

All lots used solely for residential purposes. No business building or business conducted on any part. (Plat Covenant 8: 'All Lots in the Subdiv)

Voting & meetings

Class A (non-Developer owners): 1 vote per lot; Class B (Developer): 3 votes per lot; single vote per lot exercised jointly by multiple owners; no splitting votes. (Declaration §5.2, §5.4)

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