Sherwood Estates (MO)

Key facts from Sherwood Estates (MO)'s documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – Sherwood Estates Development Home Owners Association, Inc. (Article I, Section 1; WHEREAS clauses)

Units / lots

55 residential lots (Lots 131-142, 158-172, 176-203) plus Tract C (common area?) (WHEREAS: 'LOTS 131 thru 142, 158 thru 17)

Developer / declarant

5 Star Construction, Inc. (Opening paragraph; Article I, Section 2)

Governing law

Missouri not-for-profit corporation law (implied) (Article IV, introduction; Articles of In)

Assessments & dues

Maximum $50.00 per lot initially (until first lot conveyed). Thereafter can be increased by CPI or by 2/3 membership vote. (Article V, Section 3)

Special assessments

Allowed for capital improvements with 2/3 vote of each class. (Article V, Section 4)

Collections & liens

Assessments are a continuing lien on the lot. Association may foreclose the lien; personal obligation of owner at time assessment fell due. Lien subordinate to first mortgage/deed of trust. (Article V, Sections 1, 7, 8)

Reserves & fees

Not a flat fee; interest at 10% per annum on delinquent assessments after 30 days. (Article V, Section 7)

Pets

Yes, subject to restrictions. (Article VII, Section 14)

Parking & vehicles

Not explicitly prohibited, but 'regularly parked in the open on any lot or at the curb' allowed for up to 12 hours. (Article VII, Section 20)

Fences

Only wood fencing allowed. Must be approved as per Article VI. No fence nearer to front street than rear line of residence. Decorative railing along walkways may be authorized by Developer. (Article VII, Section 3 (under minimum si)

Architectural approval

Yes, for any exterior alterations, improvements, or new construction. Must have prior written consent of Developer (or ARC after appointment). (Article VI, Section 1)

Home business

Prohibited; 'No commercial activity of any kind shall be conducted on any lot'. (Article VII, Section 8)

Signs & flags

One 'For Rent' or 'For Sale' sign per lot, not exceeding 9 square feet. No other advertising signs, billboards. Developer exempt during sales. (Article VII, Section 15)

Setbacks / home size

Buildings must be located as per recorded plat. Developer may allow a dwelling 2 feet nearer to street line by recording change. (Article VII, Section 5)

Maintenance

Not explicitly stated; likely owner for their dwelling.

Insurance

Association may obtain liability insurance, workers comp, and other insurance deemed necessary. (Article IV, Sections 6, 7)

Use restrictions

Lots may be used only for private single-family residential purposes. No flats, apartments, temporary structures, trailers, tents, etc. No commercial activity. (Article VII, Sections 1 and 8)

Voting & meetings

Two classes: Class A (each owner, one vote per lot); Class B (Developer, three votes per lot until conversion). Class B converts to Class A when total Class A votes equal Class B votes, or by Jan 1, 2006, whichever first. (Article III; By-laws Article V (Class B )

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