Bayberry Village

Key facts from Bayberry Village's documents

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

Community type

Single-family housing development in Marion County, Indiana (Recitals A)

Legal name

Bayberry Village

Developer / declarant

CP. MORGAN COMMUNITIES, L.P., an Indiana limited partnership (Page 6 introductory paragraph)

Governing law

Indiana Nonprofit Corporation Act of 1991, as amended (Section 1.2)

Assessments & dues

Board establishes annual budget before fiscal year with estimates of Common Expenses, contingencies, and reserves; budget mailed/delivered to Owners before fiscal year (Section 5.4)

Special assessments

Board may levy special assessments if annual assessments insufficient or for unanticipated Common Expenses (Section 5.5)

Collections & liens

Assessments, interest, and collection costs are charge and lien from due date; sale/transfer by mortgage foreclosure or deed in lieu extinguishes lien for payments due prior (Section 5.2; Section 5.8(a))

Reserves & fees

Annual budget shall include reasonable allowance for contingencies and reserves (Section 5.4)

Pets

Pets allowed but must remain under control and supervision of adult Owner; off-Lot leash or restraint required (Section 7.5)

Parking & vehicles

Vehicles shall be parked in garages or driveways serving Lots; garages must be used for parking and may not be modified to reduce capacity (Section 7.4(a))

Fences

Fences require Committee approval; no fences in Patio Home patio area without written consent of both Owners and Committee (Section 6.4; Section 3.11(b))

Architectural approval

Committee shall endeavor to approve, disapprove, or request additional information within 30 days after submission of completed plans (Section 6.2 ('thirty (20) days'))

Home business

Use of a portion of a Dwelling Unit as an office by an Owner or tenant is permitted if Owner is in compliance with Section 7.26 (Section 7.1)

Signs & flags

Exterior flags require Committee approval; business flags/banners prohibited except Developer (Section 7.3; Section 7.20)

Maintenance

Association maintains and keeps in good repair the Common Areas, including landscaping, structures, play equipment, private streets, landscaping easements, medians, entry features (Section 4.2(a))

Insurance

Association shall maintain adequate public liability insurance; may maintain officers and directors insurance; if appropriate maintain fire and extended coverage on Common Areas at full insurable value (Section 4.3)

Use restrictions

All Lots restricted exclusively to single-family residential use (Section 2.1; Section 7.1)

Voting & meetings

One vote appertains to each Lot; co-owners treated collectively as one Member (Section 4.1)

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