Clearwater Cove

Key facts from Clearwater Cove's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Clearwater Cove

Units / lots

123 (Amendment recital, page 28)

Developer / declarant

Lake Clearwater Development Company, Inc.

Assessments & dues

Initially $110.00 per month maximum until January 1, 1986; thereafter increase up to 20% per annum plus private police security without vote. (Article IV Section 5)

Special assessments

Allowed for capital improvements with 2/3 vote of Homeowner's Association. (Article IV Section 6)

Collections & liens

Assessments are a charge on the lot and continuing lien; Association may foreclose lien; personal obligation does not pass to successors unless assumed. (Article IV Sections 1 and 8)

Reserves & fees

Replacement reserve fund for capital expenditures; separate interest-bearing account. Deficits during buildout paid by Declarant. (Article IV Section 1)

Pets

Yes, dogs, cats, caged birds, other domestic pets; not for commercial purposes. (Article IX Section 2(b))

Leasing & rentals

Not explicitly restricted; delegation of use to tenants allowed. (Article II Section 2)

Parking & vehicles

Not permitted on properties except in enclosed garages. (Article IX Section 2(d))

Fences

Require ARC approval. (Article IX Section 1)

Architectural approval

Yes, for any building, fence, sidewalk, drive, walk, dock, or other structure, and exterior changes including color. (Article IX Section 1)

Home business

Not explicitly prohibited but noxious or offensive trades prohibited. (Article IX Section 2(a))

Maintenance

Association provides exterior maintenance for homes, including caulking and painting exterior portion of windows (not glass or window replacement). All other areas owner responsibility. (Article V as amended (Second Amendment))

Insurance

Fire and extended coverage insurance on property owned by Association at 100% replacement cost. (Article VIII Section 3(c))

Use restrictions

Property developed and used only for single family attached or detached residential uses. (Article IX Section 2(o))

Voting & meetings

Class A (lot owners): 1 vote per lot. Class B (Declarant): 1 vote more than total Class A votes, until conversion. (Article III Section 2)

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