Hamptons at Geist

Key facts from Hamptons at Geist's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (The Hamptons at Geist Association, Inc., an Indiana not-for-profit corporation) (Article I.2)

Assessments & dues

Initially maximum $120 per Lot per calendar year (until January 1, 1989). After that, no specific amount but can increase. (Article VII, Section 7.3(b))

Special assessments

For capital improvements or operating deficits, requires 2/3 vote of each class. (Article VII, Section 7.4)

Collections & liens

Assessments are a continuing lien on the Lot, prior to all except tax liens and first mortgage liens. May be foreclosed like a mortgage. Personal obligation also exists. Foreclosure sale extinguishes lien for prior assessments but not futur (Article VII, Sections 7.1, 7.7)

Reserves & fees

A portion of Regular Assessment may be set aside in a reserve fund for repair/replacement of capital improvements. (Article VII, Section 7.2)

Pets

Yes, usual household pets only; must be confined so as not to become a nuisance. (Plat Covenants paragraph 9)

Parking & vehicles

Implicitly limited by above restriction on trucks; temporary construction trailers allowed during construction. (Plat Covenants paragraph 10)

Fences

Owner of lot abutting Lake may fence portion of Lake Easement between lot and water edge, but full access must be provided to Association. Corner lot fences/hedges must not obstruct sight lines between 2 and 6 feet above street within 25 fe (Article IV, Section 4.2; Plat Covenants )

Architectural approval

Committee shall approve or disapprove within 15 days after all required information submitted. (Article VI, Section 6.3)

Setbacks / home size

Front: 30 ft on collector streets, 25 ft on local streets. Side: aggregate 19 ft, no less than 7 ft each. Rear: 35 ft. (Plat Covenants paragraph 19)

Maintenance

Owner maintains Lot and exterior of structures. Association maintains Common Areas (including landscape islands, facilities), Landscape Easements, Lake Easements, Drainage Easements, Utility Easements. Association also maintains specified i (Article IX, Section 9.1; Article V, Sect)

Insurance

Association shall purchase fire and extended coverage insurance on improvements it is required to maintain, at full replacement cost. Also may insure other property. Policy must waive subrogation and invalidity defenses. (Article VIII, Section 8.1)

Use restrictions

All lots designated residential; no business buildings; home occupations as per Marion County Zoning allowed. (Plat Covenants paragraph 17)

Voting & meetings

Class A members (non-Developer) have one vote per Lot; Class B (Developer) three votes per Lot until Applicable Date. Multiple owners have one vote per Lot. (Article V, Sections 5.2, 5.4)

Amendments

Requires 2/3 vote of all Owners; Developer approval required during development period. Special amendments (material per FNMA) require all known mortgagee approval. Developer may amend unilaterally for compliance/clerical purposes. (Article XI, Sections 11.1, 11.2)

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