The Milestone Homeowners Association, Inc.

What The Milestone Homeowners Association, Inc.'s governing documents say

This is the Articles of Incorporation for The Milestone Homeowners Association, Inc., the corporate entity that will govern a single-family homeowner association (HOA) in Gaithersburg, MD. This document establishes the association as a non-profit corporation and defines its structure and powers, but it does not contain the detailed rules for homeowners — those are in a separate Declaration of Covenants, Conditions and Restrictions.

• What this document is: These are the Articles of Incorporation — the legal paperwork that creates the HOA as a Maryland non-stock, non-profit corporation. It sets up the association’s name, office address, resident agent, and basic corporate powers.
• Association’s purpose & powers: The HOA’s purpose is to maintain, preserve, and control the architecture of the lots and common areas. It has the power to levy assessments, borrow money (with 2/3 member approval), acquire and sell property, and annex additional land.
• Membership & voting: There are two classes of membership. Class A consists of all lot owners (one vote per lot). Class B belongs to the developer (Declarant), initially holding 2,076 votes, which automatically lapse when 519 Class A votes exist or by February 21, 1999 (with possible extension). A lot owner who leases their lot may assign the voting right to the tenant in writing.
• Board of directors: The board initially has three directors, later an uneven number between 3 and 9. Initial directors are Thomas A. Natelli, Charles Sullivan, and Cecily Dichov. Directors’ qualifications and duties are set in the Bylaws (not included here).
• Amendments & dissolution: Amending these Articles requires 75% of the entire membership. Dissolving the association requires 2/3 of each membership class, plus approval from the Maryland National Capital Park and Planning Commission; assets must go to a similar public or non-profit purpose.
• What this document doesn't cover: This document does not contain the community’s actual rules for homeowners — such as pet limits, lease restrictions, parking rules, or architectural standards. Those rules will be in the separate Declaration of Covenants, Conditions and Restrictions and the Bylaws.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.