Forest Row Association

Key facts from Forest Row Association's documents

Community type

Covenant / Planned Community

Legal name

Forest Row Association

Developer / declarant

Community Land Trust in the Southern Berkshires

Assessments & dues

Parties share equally joint costs regarding management and improvements of common areas. (Article 3: "The parties agree to share e)

Collections & liens

Unpaid common expense becomes a lien against the equity interest of the defaulting party, subject to rights of mortgage holders and CLT. No transfer of interest while such expense is unpaid. (Article 7: "Any common expense not paid )

Reserves & fees

Selling or conveying party must give transferee notice of joint rights and liabilities, and provide copy of CLT lease and rules/regulations of the Association. (Article 6: "Any party selling or otherwi)

Use restrictions

Implicit; the premises are dwelling units. (Opening paragraph: "use of dwelling unit)

Voting & meetings

Each unit owner is entitled to one vote; total of 18 votes. In the event not all 18 votes can be exercised by lessees, CLT shall exercise those votes. (Article 1: "each unit owner shall be ent)

Amendments

Amendment by vote, duly noticed, of at least 75% of the eligible votes in the affirmative; no such vote shall be or result in acts detrimental to the economic value of the units. (Article 11: "This Agreement may be amend)

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