Preserve at Spring Knoll

Key facts from Preserve at Spring Knoll's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Preserve at Spring Knoll

Units / lots

258 (Developer intends to divide the Real Est)

Assessments & dues

Maximum $300 per year while Developer controls (the amount of general assessments collec)

Special assessments

Allowed if approved by at least two-thirds of Lots voting in person or by proxy at a special meeting with 15 days written notice (Section 4.09)

Collections & liens

Unpaid assessment becomes a lien; may be foreclosed like mechanic's lien under Indiana law; also personal obligation (Section 4.05)

Reserves & fees

May establish reserve account for future capital expenditures with Owner approval (an amount, if any, approved by the Owner)

Pets

Yes, dogs, cats and similar household pets (Only dogs, cats and similar animals gene)

Parking & vehicles

Prohibited from overnight parking in open public view (No camper, motor home, truck, trailer or)

Fences

Require prior approval under Article III; not allowed within platted drainage, utility and landscape easements or within public street right-of-way (Section 5.08)

Architectural approval

Prior written approval of Developer required for any construction, alteration, or improvement (No Lot shall be developed ... without th)

Home business

Allowed only if incidental to business conducted away from Lot; no signs (Section 6.02)

Signs & flags

Generally prohibited; one two-sided sign (max 6 sq ft per side) for sale or during construction requires Developer written approval (Section 6.03)

Setbacks / home size

Two-story: minimum 1,150 sf first floor, 800 sf second floor. One-story: minimum 2,000 sf. (Section 5.02(b))

Maintenance

Association responsible for landscaping/maintenance of fencing in drainage/utility easements, signage, retention lakes, and limited access nature park (unless transferred). Also may provide common snow removal and garbage pick up. (Section 4.02)

Insurance

Each Owner shall obtain and pay for public liability and property damage insurance (Section 8.05)

Use restrictions

Every Lot shall be used exclusively for single family residential purposes (Section 2.01)

Voting & meetings

Class A: one vote per Lot (if multiple owners, only one vote per Lot). Class B (Developer): five votes per Lot owned until Developer no longer owns Lots. (Section 4.03)

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