Cedar Cove (IN)

Key facts from Cedar Cove (IN)'s documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Singer Communities, Inc., an Indiana corporation (Page 1: Declarant)

Governing law

Indiana Not-For-Profit Corporation Act of 1971 (Article I of Articles of Incorporation ()

Assessments & dues

Maximum initial Regular Monthly Assessment $50.00 per Lot until January 1 following first Lot conveyance (Section 5.3(a) (page 9))

Special assessments

Yes, for capital improvements, operating deficits, and for willful/negligent damage. Requires 2/3 vote of each class (except damage assessment added to regular assessment). (Section 5.4 (page 9); Section 7.2 (page )

Collections & liens

Unpaid assessments constitute a continuing lien on the Lot; Association may foreclose or sue personally. Lien subordinate to first mortgage. (Section 5.1 (page 8); Section 5.8 (page )

Reserves & fees

A portion of Regular Monthly Assessments shall be set aside in a reserve fund for repair and replacement of Common Area, Limited Common Areas, Buildings and other capital improvements. (Section 5.2 (page 9))

Leasing & rentals

Yes, subject to restrictions. (Section 6.3 (page 12))

Parking & vehicles

Private Driveway Limited Common Areas shall not be used for parking except temporarily or incidentally for vehicles of Owner or guests, or for pickups/deliveries. Association may regulate parking in Common Area. (Section 3.2(b)(ii) (page 5); Section 3.1)

Signs & flags

During Development Period, no ‘for sale’ or other advertising signs without prior written approval of Declarant; thereafter subject to Association rules. (Section 6.4 (page 13))

Use restrictions

All Lots shall be used exclusively for single-family residential purposes. (Section 6.1 (page 11))

Voting & meetings

Two classes: Class A (one vote per Lot), Class B (Declarant: 3 votes per Lot, 12 votes per Block; converts to Class A when Class A votes equal Class B or on June 1, 1984, whichever earlier) (Section 4.2 (page 8))

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