The Villas on Morse Lake Hpr

Key facts from The Villas on Morse Lake Hpr's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

Indiana Condominiums Act, IC 32-25-1, et seq. (Original Declaration §2)

Special assessments

Yes; Boat Dock Area Assessment is a Special Assessment. Also assessments for damage caused by Owner, etc. Lien attaches to Unit. (First Amendment §7.5; Original Declarati)

Reserves & fees

Association shall maintain and establish a reserve fund for deferred maintenance, repairs, replacements, administration costs, payment of manager, insurance premiums, etc. (Original Declaration §21.3)

Voting & meetings

Each Owner entitled to votes equal to Percentage Interest in Common Areas (Percentage Vote same as Percentage Interest). Voting may be by written proxy. (Original Declaration §16, §20.2)

Amendments

This Amendment satisfies requirements of Article 26 of the Original Declaration. Declaration requires written consent of all Owners to change Percentage Interest (except as provided for expandable condominium). (First Amendment §10; Original Declaratio)

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