Crystal Lake at River Ridge

Key facts from Crystal Lake at River Ridge's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) for a subdivision (Title page and Section 1.4)

Governing law

Indiana Non-Profit Corporation Act (First page: 'An Indiana Non-Profit Corpo)

Assessments & dues

Not fixed; initial cap: $400/month first year, 10% annual increase thereafter (subdivision assessment only; community assessments also imposed) (Sections 4.3, 11.3)

Special assessments

Allowed with approval of majority of Owners at regular or special meeting or by mail-in ballot (Section 11.5)

Collections & liens

Unpaid assessments become a lien on the lot; may be foreclosed as a mortgage; subordinate to first mortgage and River Ridge HOA lien (Sections 11.8, 11.9, 11.10)

Reserves & fees

Required; for capital expenditures, replacement, painting; separate fund for decks/docks (Sections 11.2, 11.7)

Fences

Subject to ARC approval per Notice 1 (Notice 1)

Architectural approval

Yes, before building permit; approval required for design, color, location, drives, tree preservation, landscaping, fencing per River Ridge Design Guidelines (Notice 1, Article X)

Maintenance

Association: common areas, landscaping on lots, painting/staining exterior of houses and decks. Owner: roof, gutters, masonry, windows, chimneys, interior, and other repairs (Sections 9.2, 9.3, 9.4)

Insurance

Casualty insurance for Common Area improvements (fire, extended coverage, all risk if obtainable); public liability $2,000,000 minimum; fidelity bond (Sections 13.1, 13.2, 6.18)

Voting & meetings

Class A (owners): 1 vote per lot; Class B (Declarant): 10 votes per planned lot; multiple owners of same lot have one vote; cumulative voting not permitted (Sections 3.1, 3.2, 3.3, 5.8)

Amendments

General: notice, resolution, meeting. 50% vote for Articles 5-8; 70% for others. Special amendments require 70% of owners and mortgagees. Declarant may amend alone for compliance or clerical errors until no longer owns. No amendment before (Article XVI)

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