Heritage Commons Hpr

Key facts from Heritage Commons Hpr's documents

Community type

Condominium (Title and throughout)

Legal name

Heritage Commons Co-Owners Association, Inc. (Article I, (b); Article V, 1)

Units / lots

Maximum of 29 residential units (WHEREAS: "maximum of twenty-nine (29) re)

Developer / declarant

E & F Realty Co., an Indiana partnership (First WHEREAS clause)

Governing law

Horizontal Property Law of the State of Indiana, I.C. 32-1-6-1 et seq. (Article I, (a))

Reserves & fees

Association shall maintain appropriate reserves as required under I.C. 32-1-6-22; Board may retain surplus insurance proceeds as reserve (Article IV, 7; Article VII, 2(g)(iv))

Pets

Dogs, cats, or other usual household pets may be kept in units, subject to Board rules and not for commercial purposes (Article VI, 6)

Fences

Owner desiring fence around patio/porch/deck must obtain Board approval as to location, size, style, material, design, color, architecture; owner constructs and maintains at own expense (Article III, 2(b))

Use restrictions

Each unit used for housing and related common purposes only (Article VI, 1)

Voting & meetings

Percentage Vote equals Percentage Interest per unit; each unit's percentage equals 1 divided by total number of units (Article I, (q); Article III, 3)

Amendments

Unanimous consent of all owners required to alter percentage interests; otherwise amendments via recorded supplements expanding condominium; Declarant has power of attorney to shift percentage interests (Article III, 3; Article VIII, 1)

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