Stones Lakes

Key facts from Stones Lakes's documents

Community type

Covenant / Planned Community

Units / lots

37 (lots 562-598 inclusive) (DOC 121221, PAGE 2, 'Lots 562 through 59)

Developer / declarant

A/S PROPERTIES #2

Assessments & dues

$300.00 per annum per lot (DOC 121221, PAGE 10, Article IV Section )

Collections & liens

Assessments constitute a lien on the lot, subordinate only to first mortgage; enforceable by foreclosure (DOC 121221, PAGE 10, Article IV Section )

Reserves & fees

Interest at 12% per annum or maximum legal rate, whichever greater, on overdue assessments (DOC 121221, PAGE 11-12, Article V Sectio)

Pets

Dogs, cats or other household pets (traditional for area), not for commercial or breeding purposes (DOC 121221, PAGE 4, Article II Section 4)

Parking & vehicles

Automobiles not continuously/habitually parked; non-automobile vehicles (trailers, boats) max 24 hours per month; commercial vehicles prohibited (Same as above)

Architectural approval

Yes, written approval from Developer for construction plans, building specifications, location, exterior material, driveway type, and landscaping plan (DOC 121221, PAGE 7-8, Article III Sectio)

Setbacks / home size

Section 10: One-story min 1,800 sq ft ground floor; Two-story min 900 sq ft ground floor, 2,200 total; Others 2,200 total. Section 8: One-story min 1,500 sq ft; Two-story min 900 ground, 1,900 total; Others 1,900 total. Exclude basement, ga (DOC 121221, PAGE 8, Article III Section )

Use restrictions

Private single family residential purposes only (DOC 121221, PAGE 4, Article II Section 1)

Voting & meetings

Two classes: Class A (lot owners, one vote per lot) and Class B (Developer, ten votes per lot); Class B ceases upon (1) 20 years from first lot conveyance, (2) 95% lots conveyed, or (3) Developer's election (DOC 122280, PAGE 10-11, Article IV Secti)

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