Station Pointe

Key facts from Station Pointe's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential subdivision with homeowners association (Sections 1, 25, 26)

Units / lots

17 residential lots (Lots 1-17) plus Open Space Lots 1000 and 1001 (Existing Property description, page 1-2)

Developer / declarant

THE SCHRENGER CORP

Assessments & dues

Original: $200 per Lot Owner (except Developer) annually. Amendment: $300 per Home Owner (built/occupied) and $200 per Lot Owner (undeveloped) annually (Section 25A (original) and Amendment 25A)

Special assessments

Permitted for capital improvements; may be payable in lump sum or installments with interest set by Board (Section 25 (original and amendment))

Collections & liens

Annual fees constitute a lien on the lot and improvements, subordinate to first mortgage, enforceable by foreclosure; notice of lien may be recorded; owner pays costs and attorney’s fees (Section 25 (original and amendment))

Reserves & fees

May impose late charges and/or interest on delinquent annual fees (Section 25 (original and amendment))

Voting & meetings

Original: Class A (Lot Owners) one vote per lot; Class B (Developer) ten votes per lot. Amendment: Single class, each home owner and lot owner one vote per home or lot (Section 25A (original) and Amendment 25A)

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