Ballinshire

Key facts from Ballinshire's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Ballinshire Associates

Assessments & dues

Maximum $600 per lot per calendar year until January 1, 1989 (Section 9.4(i))

Special assessments

Yes, for capital improvements, operating deficits, special maintenance/replacements; requires majority of members voting (Section 9.5)

Collections & liens

Assessments are a continuing lien on the lot prior to all other liens except tax liens and first mortgage. Foreclosure action may be brought for unpaid assessments; sale to mortgagee extinguishes lien for pre-sale assessments but not person (Section 9.9(i) and (ii))

Reserves & fees

Portion of Regular Assessment or Lake Assessment may be set aside in reserve fund for repair and replacement of capital improvements (Sections 9.2 and 9.3 (last sentences))

Pets

Pets allowed for non-commercial purposes; farm animals, fowls, or domestic animals for commercial purposes prohibited. (Section 5.6)

Fences

All fences shall be black vinyl; no fence higher than six feet; no fencing forward of the furthest back front corner of the residence; fencing style and color consistent with the subdivision. (Section 5.7)

Architectural approval

Committee shall approve or disapprove within 15 days after all required information submitted. (Section 8.3)

Home business

Home occupations permitted in Dwelling Districts Zoning Ordinance of Marion County, Indiana are allowed. (Section 5.1)

Setbacks / home size

Building setback lines per Plat; no building between setback lines and lot lines. Rear: minimum 25 feet (or greater from Plat). Side: minimum 10 feet (or greater from Plat). (Section 5.2)

Maintenance

Owner responsible for maintaining Lot and exterior structures. Association responsible for Common Areas, Landscape Easements, drainage system, and Lake Common Areas. (Article XI and Section 6.6)

Insurance

Fire and extended coverage insurance on improvements owned or maintained by Association; comprehensive public liability insurance covering Common Areas and Landscape Easements with $1,000,000 minimum per occurrence. (Sections 10.1 and 10.2)

Use restrictions

Every Lot shall be used exclusively for single-family residential purposes. (Section 5.1)

Voting & meetings

Until Applicable Date: Class B (Developer) has one vote per lot owned and controls all votes; Class A has no votes. After Applicable Date: each Class A member has one vote per lot owned; only one vote per lot if multiple owners. (Article VI, Sections 6.2, 6.3)

Amendments

By two-thirds vote of all Owners; requires Developer's approval while Developer owns any Lot. Certain material amendments require mortgagee approval per FNMA guidelines. Developer may unilaterally amend for technical, governmental complianc (Article XIII)

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