Wisteria Lane

Key facts from Wisteria Lane's documents

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

Community type

Community Unit Project comprised of duplexes (Recitals)

Legal name

Wisteria Lane

Units / lots

18 duplex units (List of addresses (413, 415, 417, 419, 4)

Developer / declarant

Jerry F. Cipolla

Governing law

Nonprofit Corporation Law of the State of Missouri (Article Two, Section III)

Assessments & dues

Board prepares annual budget before January 1; sets annual assessment per Lot at uniform rate; payable in four quarterly installments on Jan 1, Apr 1, Jul 1, Oct 1 (Article Six, Sections II, IV, V)

Special assessments

Board may impose special assessments for capital improvements, budget deficits, repairs, etc. (Article Six, Section III)

Collections & liens

Unpaid assessments become a continuing lien on the Lot, superior to other liens except first mortgage; Association may foreclose and collect principal, late charges, interest, costs of suit, attorney fees (Article Six, Section VII)

Reserves & fees

Board may establish contingency and other reasonable reserve funds (Article Six, Section II.D)

Leasing & rentals

Prohibited; Declarant exempt (Article Nine, Section I)

Use restrictions

Each Duplex Unit shall be used solely for a private residence of no more than one family unit (Article Nine, Section I)

Voting & meetings

Class A Members: one vote per Lot (if multiple owners, one vote collectively); Class B Member (Declarant) has exclusive control until all units sold to third parties (Article Two, Sections I.A and I.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.