Prairie Valley

Key facts from Prairie Valley's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Prairie Valley

Developer / declarant

Jeff L. Criswell (page 1, preamble, and Article I Section )

Governing law

Missouri Revised Statutes Sections 443.190-443.310 (Article V Section 6 (page 12))

Assessments & dues

$125 per lot per year initially (Article V Section 3 (page 10))

Special assessments

Allowed for capital improvements with 2/3 vote of members (in person or proxy) after 30-60 days notice, subject to Class B veto (Article V Section 4 (pages 11-12))

Collections & liens

Unpaid assessments are a continuing lien on the lot; foreclosure possible like a mortgage under Missouri law (Article V Section 1 (page 9) and Section)

Reserves & fees

$10 per month if assessment unpaid after 60 days (Article V Section 6 (page 12))

Home business

Home office or studio allowed so long as it does not interfere with quiet enjoyment or comfort of other owners or occupants (Article VIII Section 1(h)(12) (page 22))

Use restrictions

All property shall be used, improved and devoted exclusively to residential use (Article VIII Section 1(a) (page 16))

Voting & meetings

Two classes: Class A owners (1 vote per lot) and Class B Declarant (26 votes per lot owned plus veto power) (Article III (pages 5-6))

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