Woodfield Place

Key facts from Woodfield Place's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Woodfield Homeowners Association, Inc. (Section 1.6)

Assessments & dues

Set annually by Board based on budget; no fixed amount in Declaration (Section 8.3)

Special assessments

Requires affirmative vote or written consent of at least two-thirds (2/3) of Total Vote and affirmative vote of Class B Member (if exists); Board may also levy individual special assessments for violations after notice and hearing (Section 8.4)

Reserves & fees

Interest at highest rate allowed by Indiana law, late charges, costs, and reasonable attorneys' fees (Section 8.2)

Use restrictions

All Lots restricted exclusively to single-family residential use (Section 2.1)

Voting & meetings

Class A Members (all Owners except Developer) have one vote per Lot; Class B Member (Developer) has six votes per Lot owned or maximum lots allowed during Class B Control Period (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.