Arlington Meadows Townhomes

Key facts from Arlington Meadows Townhomes's documents

Community type

Covenant / Planned Community

Legal name

Arlington Meadows Townhomes

Developer / declarant

Dura Builders, Inc., an Indiana corporation ("THIS DECLARATION made this ... by DURA )

Governing law

Indiana Nonprofit Corporation Act of 1991, Indiana Code 23-17-1-1 et seq. ("Indiana Nonprofit Corporation Act of 19)

Assessments & dues

Regular Assessment initially not exceeding $79.00 per month (Guaranteed Charge); Entrance Area Assessment initially $25 annually (Section 18(e): "the monthly Regular Asse)

Special assessments

Requires assent of two-thirds (2/3) of votes of each class of Members (Declarant cannot vote as proxy on this) (Section 18(d): "provided that any such a)

Collections & liens

Assessment lien may be foreclosed as mortgage on real property; acceleration of unpaid balance; appointment of receiver; money judgment also available; lien subordinate to first mortgage; foreclosure sale extinguishes prior assessment liens (Section 18(g): "the lien for such assess)

Voting & meetings

Class A: one vote per lot per Owner. Class B: three votes per lot per Declarant until Applicable Date. (Section 10(b): Class A one vote per lot;)

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