Stone Ledge Farm

Key facts from Stone Ledge Farm's documents

Community type

Covenant / Planned Community

Developer / declarant

Durst & Moert Developers, Inc.

Assessments & dues

Maximum $180 per year per lot until January 1 of the year immediately following conveyance of first lot to an owner; thereafter maximum may increase each year not more than 25% above prior year's maximum without vote (Article IV Section 6(a))

Special assessments

May levy a special assessment applicable to that year only for reconstruction, repair or replacement of any improvement upon the common area; requires consent of members in accordance with the Bylaws (Article IV Section 7)

Collections & liens

Annual and special assessments, with interest, costs and reasonable attorney fees, are a continuing lien on the property and personal obligation of owner at time due; Association may sue at law or foreclose lien; lien subordinate to any fir (Article IV Sections 4, 10, 11)

Pets

Dogs, cats, or other household pets traditionally recognized as household pets in the geographic area may be kept, provided they are not kept, bred or maintained for commercial or breeding purposes (Article II Section 4)

Parking & vehicles

Each lot shall contain a minimum two-car attached garage for the sole use of owner and occupants; no detached garages allowed (Article II Section 1; Article III Sectio)

Setbacks / home size

Front: no structure nearer than minimum building setback lines on recorded plat, except bay windows/steps may project and open porches may project not more than 6 feet; Side: no structure nearer than 5 feet on each side per zoning, except b (Article III Section 4)

Maintenance

Each owner shall at sole cost repair residence keeping it in condition comparable to initial construction except normal wear and tear (Article II Section 7(a))

Insurance

Residents Association shall procure and maintain insurance in accordance with the Bylaws (Article IV Section 5(a))

Voting & meetings

Class A members (all lot owners except Developer) entitled to one vote per lot; Class B member (Developer) entitled to ten votes per lot (Article IV Section 13)

Amendments

Restrictions run 30 years from recording, automatically extended for successive 10-year periods unless instrument signed by majority of front footage owners recorded to change; restrictions may be canceled/altered/amended by affirmative act (Article V Sections 3, 5)

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