Fern Valley Place

Key facts from Fern Valley Place's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Icon-Fern Valley Development, LLC

Assessments & dues

Maximum $250 per year until January 1, 2010 (Section 8.03(a))

Special assessments

May be levied for capital improvements with member assent per Bylaws (Section 8.04)

Collections & liens

Annual and special assessments are a lien on the property, enforceable by foreclosure (Section 8.01)

Reserves & fees

10% of amount due per month late or as determined by Board (Section 8.07)

Pets

Dogs, cats, other household pets traditionally recognized in area, not for commercial/breeding (Section 2.04)

Home business

Home occupations strictly construed under zoning district regulations allowed (Section 2.01)

Signs & flags

Only one sign for sale/rent, not larger than zoning permits; Developer may erect larger signs (Section 2.06)

Use restrictions

Except as expressly provided, no building site used except private single-family residential (Section 2.01)

Voting & meetings

Each member one vote per lot; Class A members cannot vote until Developer determines or 180 days after 100% lots sold (Section 7.02)

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