Inverness at Country Club Place

Key facts from Inverness at Country Club Place's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Country Club Place Homeowners Association, Inc.

Assessments & dues

Set annually by Board of Directors based on budget (Paragraph 12(b)iii, page 12)

Special assessments

Permitted for capital improvements with assent of Declarant and majority of voting Members; also Parcel Special Assessments with majority of Parcel Owners (Paragraph 12(f) page 14, Paragraph 12(d))

Collections & liens

Assessment is a continuing lien on the Lot; subordinate to recorded first mortgages. Foreclosure extinguishes liens for assessments due more than six months prior. (Paragraph 12(a) page 11, Paragraph 12(i))

Reserves & fees

Reserve for Replacements required; amount determined annually by Board based on useful life, cost projections, etc. (Paragraph 11(e), page 10)

Pets

Not explicitly stated; architectural review board may adopt rules to regulate animals (Paragraph 15(a)iii (includes animals), p)

Fences

Fences subject to ARC approval and any general rules adopted (Paragraph 13(c) (fence is structure) and)

Architectural approval

Yes, for any change altering Lot or exterior of improvements from natural state or approved plan, including construction, alterations, plantings, exterior lighting (Paragraph 13(c), page 16)

Home business

Permitted only if not a 'special use' and conducted away from Lot; no signs advertising home occupation (Paragraph 15(a)i, page 22)

Maintenance

Association maintains Community Area (Lakes, Parks, Common Center, Meadow, Commons, Entry Ways, Drainage System after acceptance). Owner maintains Lot and individually owned improvements. (Paragraphs 4-10, pages 7-9, Paragraph 15)

Insurance

Fire and extended coverage on insurable Community Area at 100% of insurable value (current replacement cost) (Paragraph 11(f)ii, page 10)

Use restrictions

Yes; only one Residence per Lot; no subdivision of Lots (Paragraph 15(a)i, page 22)

Voting & meetings

As specified in Articles and By-Laws; mortgagees vote on certain matters (e.g., abandonment of Community Area, change in assessment method) (Paragraph 11(d) page 10, Paragraph 11(f))

Amendments

By instrument signed by officers of Corporation with authority from 2/3 vote of Members and, prior to Applicable Date, Declarant. Declarant may unilaterally amend prior to Applicable Date without materially diminishing owners' rights. (Paragraph 22, page 30)

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