The Reserve at Bridgewater and Bridgewater Homeowners’ Association

Key facts from The Reserve at Bridgewater and Bridgewater Homeowners’ Association's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article 1.01(d): 'Association' refers to)

Units / lots

230 (WHEREAS: 'There are Two Hundred Thirty ()

Governing law

Indiana Nonprofit Corporation Act (implied by reference to Indiana Secretary of State and non-profit incorporation) (WHEREAS Bridgewater Homeowners' Associat)

Special assessments

Board may request special assessment for unexpected expenses not included in budget or reserve plan. (Article 4.06: 'The Board shall have the )

Collections & liens

Unpaid assessments become a continuing lien on the lot, enforceable by foreclosure. Personal obligation also. (Article 4.04 and 4.07)

Reserves & fees

Board shall establish a Reserve Fund Account; contributions determined by a Reserve Study. (Article 4.06: 'The Board shall have the )

Pets

Dogs, cats, usual household pets; not for commercial or requiring kennel license. (Article 2.18)

Leasing & rentals

Yes, after initial 5-year owner-occupancy period (if applicable). Must be whole home, minimum 1-year lease, no automatic renewal, copy of declaration to tenant, copy to Association within 30 days. (Article 2.01 (last paragraph under Owner)

Signs & flags

Allowed: one for sale sign (max 5 sq ft), political campaign signs, signs approved by ACC. (Article 2.19)

Use restrictions

Each Lot must be used for single-family residential purposes only. (Article 2.01: 'Each Lot within the Subdi)

Voting & meetings

More than 15% of the voting power of the Association (Bylaws Article III, Section 3.10: 'a quo)

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