Walnut Reserve Homes Association

Key facts from Walnut Reserve Homes Association's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Title 'HOMES ASSOCIATION DECLARATION')

Developer / declarant

Walnut Reserve Development Company, LLC, a Missouri limited liability company (Opening paragraph)

Assessments & dues

Fixed periodically by Board; initial amount not specified (Article IV 4.1)

Special assessments

Yes, for fines, correction of Owner breach, to perform duties, emergency, capital improvements (with member vote for capital improvements) (Article V 5.1)

Collections & liens

Automatic lien upon due; enforceable by foreclosure similar to mortgage; certificate of nonpayment fee $195 (Article VI 6.1, 6.2)

Reserves & fees

Board may allocate portion of annual assessments to reserves; no liability if reserves inadequate (Article IV 4.4)

Voting & meetings

Until Turnover Date: Class A (Developer) holds all voting rights except on annual assessment increases and special assessments (Class B votes on those). After Turnover Date: each Owner one vote per Lot. Voting suspended if delinquent. (Article II paragraphs 1-5)

Amendments

By written agreement of Owners of 60% of Lots and Developer (if before Certificate of Substantial Completion); or by HOA board (75% approval) and 60% of Owners after. Developer has unilateral right for certain reasons. City consent required (Article XI 11.1, 11.2)

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