Harcourt Springs

Key facts from Harcourt Springs's documents

Reflects the 1989 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (single-family detached subdivision) (Section 2.2 (Association definition), Se)

Units / lots

At least 78 (Declarant assumed to own 78 lots for voting purposes; actual platted lots may be more) (Section 4.2 (Class B voting: Declarant e)

Developer / declarant

Eagle Cove Associates, an Indiana Partnership (Preamble)

Governing law

Indiana Not-For-Profit Corporation Act (implied by Association structure) (Section 2.2 (Association as Indiana not-)

Assessments & dues

Initial maximum Regular Monthly Assessment is $29.00 per Lot per month (no annual amount stated) (Section 5.4(a))

Special assessments

May be levied for capital improvements (construction, reconstruction, repair, replacement) or to recover operating deficits, with assent of two-thirds of votes cast by each class at a meeting. (Section 5.5)

Reserves & fees

A portion of Regular Monthly Assessments shall be set aside or allocated in a reserve fund for repair and replacement of Common Area and other capital improvements required to be maintained. (Section 5.3)

Parking & vehicles

Not permitted to park on Property for more than 4 hours unless fully enclosed or necessary and incident to Declarant or Association business. (Section 6.21)

Architectural approval

If written approval not received within 30 days after complete plans and specifications submitted, approval not required and Section deemed complied with. (Section 6.2)

Signs & flags

Placement of 'for sale' or advertising or other signs on Property subject to reasonable rules and regulations adopted by Association. (Section 6.3)

Setbacks / home size

Front building lines as shown on plat; every building must conform to all setbacks provided in recorded final plat for that Lot; if two adjoining lots owned by same person and no drainage/utility easement serving beyond, setback applies to (Sections 6.8, 6.9)

Voting & meetings

Class A (every Owner except Declarant): 1 vote per Lot owned; Class B (Declarant): 3 votes per Lot owned (assumed 78 Lots initially). When more than one person holds interest in a Lot, only one vote exercised as they determine. (Section 4.2)

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