Gilbert Fahey Farms

Key facts from Gilbert Fahey Farms's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Silvertooth Properties, L.L.C.

Assessments & dues

Board of Directors determines annual assessment amounts and payment terms (Article V Section 1, Page 12)

Special assessments

May be levied by Board of Directors at an annual rate not exceeding the amount fixed for the annual general fund assessment for that year (Article V Section 2, Page 12)

Collections & liens

Assessments become a lien on the real estate when due and payable, subordinate to first mortgage liens; Association may enforce via court action and may file certificates of nonpayment (Article VII, Page 13; Article VIII, Page)

Reserves & fees

$20.00 fee for filing certificate of nonpayment, plus recording fees (Article VII, Page 13)

Pets

Yes, but only house pets; no hogs, cows, horses, rabbits, chickens, goats, poultry, birds, livestock, or animals of any kind other than house pets. (Article XII Section 1(g), Page 22)

Leasing & rentals

Yes, any Owner may lease his or her property with the condition that lessee is bound by all terms of the Declaration, Articles, Bylaws, and rules of the Association. (Article X Section 5, Page 18)

Parking & vehicles

Prohibited unless in garage; a 3/4 ton or smaller pickup truck not used for commercial purposes and not bearing commercial sign/license is not deemed a commercial vehicle or truck. (Article XII Section 1(h), Page 22)

Architectural approval

Yes, Architectural Control Committee (ACC) approval required for any construction, alteration, or new use; also for landscaping changes materially changing exterior appearance. (Article XI Section 6, Page 17)

Home business

Limited home occupations permitted with Board permission; restrictions: no retail/wholesale from inventory, no equipment rental, no health care, no vehicle repair; incidental and subordinate (max 25% of one floor area); all materials stored (Article XII Section 1(f), Pages 21-22)

Signs & flags

Address signs (ACC approved design), political signs (one per candidate/issue, max 2'x3', up to 3 weeks before election, remove within 24 hours after), builder signs (max 6 sq ft, remove within 30 days of occupancy), ACC-approved temporary (Article XII Section 1(n), Page 22)

Setbacks / home size

Lake Front Estate Homesites: single story min 2800 sq ft; two story min 3400 sq ft (2000 sq ft first floor). Other Homesites: single story min 2100 sq ft; two story min 3000 sq ft (1800 sq ft first floor). Enclosed floor area excludes basem (Article XII Section 2(c), Page 24)

Maintenance

Owner responsible for maintenance of homesite including slope control areas and utility easement areas; Association responsible for Common Areas (roads, streets, easements, parks, etc.). (Article XII Section 1(d) and (s), Pages )

Insurance

Association may maintain fire and extended coverage, comprehensive liability insurance (including Declarant for Member activities), workman's compensation, fidelity and other bonds. (Article IV Section (15), Page 11)

Use restrictions

Homesites designated for single-family dwellings may only be improved, used, or occupied for private residence purposes (except model homes by Declarant or Builder). No flats or apartments. (Article XII Section 2(a), Page 24)

Voting & meetings

Each owner (except Declarant) one vote per homesite held in fee simple; Declarant entitled to eight votes per recorded homesite held in fee simple (Article III Section 2(d), Pages 11-12)

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