Cobblestone Homes Association, Inc.

Key facts from Cobblestone Homes Association, Inc.'s documents

Reflects the 1982 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) with provision for condominium units (Article I, Sections 1-6)

Units / lots

Not yet created; potential for up to 192 condominium units on Lots 121-123 (Article VIII)

Age restriction

Not present (N/A)

Assessments & dues

Initial monthly rates: vacant lot $12; lot under initial construction $12; lot with completed vacant improvement $56.50; lot with inhabited improvement $56.50 (Article IV Section 3)

Special assessments

Requires assent of two-thirds of votes of each class of members meeting (Article IV Section 5)

Collections & liens

Assessments constitute a lien on the property; Association may foreclose. Lien subordinate to first mortgage. Sale under foreclosure extinguishes prior assessment lien. (Article IV Sections 1, 9, 10)

Reserves & fees

Interest at 12% per annum from due date after 30 days (Article IV Section 9)

Pets

Yes, dogs, cats, other household pets; not kept for commercial purpose; not kept outdoors (Article VII Section 11)

Leasing & rentals

Implied: owners may delegate use to tenants (Article II Section 2)

Parking & vehicles

Trucks exceeding 3/4 tons cannot park overnight; no vehicles with inflammatory/explosive cargo kept at any time (Article VII Section 14)

Architectural approval

Yes, for any building, fence, wall, structure, exterior addition, change or alteration (Article V and Article VII Section 2)

Home business

Not explicitly prohibited, but no noxious/offensive activity (Article VII Section 7)

Signs & flags

One sign not exceeding 5 sq ft advertising property for sale or rent; builder signs during construction; Developer may erect larger subdivision signs (Article VII Section 9)

Setbacks / home size

Minimum setback line referenced but not defined; must submit location plan for approval (Article VII Section 2)

Maintenance

Excluded from Association's exterior maintenance (owner responsible) (Article IX: "excluding roof")

Use restrictions

Yes, for Lots (Article VII Section 1: "No Lot shall be )

Voting & meetings

Two classes: Class A (owners) one vote per Lot or Unit; Class B (Declarant) three votes per Lot or Unit owned until conversion (Article III Section 2)

Amendments

During first 20 years: instrument signed by not less than 90% of Lot and Unit Owners; thereafter: not less than 75%; must be recorded. While Class B exists, FHA/VA approval also required. (Article X Sections 3 and 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.