Destiny Plantation Subd

Key facts from Destiny Plantation Subd's documents

Community type

Residential subdivision with HOA (Article I: 'first-class residential comm)

Legal name

The Destiny Plantation Property Owners Association, Inc. (Article II: 'The Destiny Plantation Prop)

Developer / declarant

Destiny Plantation, LLC, a Mississippi limited liability company (Preamble)

Special assessments

Allowed for capital improvements or other purposes; requires approval of 70% of votes of Owners (60% quorum) if more than 10% increase over annual Base Assessment (Section 7.6)

Collections & liens

Yes; Association may file lien and foreclose like a mortgage (Section 7.8.6)

Reserves & fees

Required; budget shall include funds for reserves (Section 7.3)

Pets

Yes, limited to dogs, cats, or other household pets as regulated by Association Rules (Section 9.11)

Parking & vehicles

Prohibited (Section 9.4: 'recreational vehicles, mot)

Architectural approval

Yes, for all Improvements (Article I and Section 9.14)

Maintenance

Owner responsible for maintenance of their Lot and Improvements; Association responsible for Common Area and private roads (Sections 9.2, 4.3, 4.17)

Insurance

All-risk insurance for full replacement value of Common Area improvements; liability insurance with $1,000,000 limit; fidelity bonds; flood insurance if applicable (Sections 4.4, 4.5, 4.6, 4.7)

Use restrictions

Yes (Article I and Section 9.1)

Voting & meetings

One vote per residential lot; Class I Member (Declarant) gets votes equal to number of lots depicted on Plats until Turnover Date; Class II Members (each lot owner) have one vote per lot (Sections 3.2, 3.3)

Amendments

Declarant can amend; Declarant's consent required for amendments affecting its rights; Supplemental Declarations may be recorded (Section 6.1, definitions of Supplemental)

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