Guion Lakes All

Key facts from Guion Lakes All's documents

Reflects the 1990 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Article I: "The name by which the Real E)

Developer / declarant

GUION LAKES PARTNERSHIP

Governing law

Indiana not-for-profit corporation law (Section 2.1: "'Association' means the Gu)

Assessments & dues

Initially $40 per Lot until January 1 after first lot conveyed; then as set by Board; as of 2006 Second Amendment: $95 per Lot for calendar year 2006 (Section 6.11: "Until January 1 of the ye)

Special assessments

May be levied for capital improvements with assent of 2/3 of votes of each class at a meeting (Section 6.12: "In addition to the annual)

Collections & liens

Annual and special assessments are a charge on the land and a continuing lien; may be foreclosed in manner of mechanics' liens; personal obligation of owner at time due (Section 6.9: "The annual and special ass)

Reserves & fees

A portion of annual assessments may be set aside in a reserve fund for repair and replacement of improvements in Maintenance Areas, Landscape Easements, or Lake Areas (Section 6.10: "A portion of the annual a)

Pets

Dogs, cats and other household pets may be kept provided they are not kept, bred or maintained for any commercial purpose (Section 5.16: "No animals, livestock or )

Signs & flags

Signs advertising and referencing the name of the subdivision on Landscape Easements; no other signs mentioned (Section 4.5: "Landscape Easements for th)

Use restrictions

Every Lot shall be used exclusively for single-family residential purposes (Section 5.1: "Every Lot is a residential)

Voting & meetings

Class A members (owners other than Developer): 1 vote per Lot; Class B member (Developer): 3 votes per Lot. Multiple owners: one vote per Lot. (Section 6.2(i): "Class A members shall b)

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