Cornerstone Subdivision

Key facts from Cornerstone Subdivision's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision – single-family residential (Article VII, Section 2: "All lots or par)

Units / lots

Lots 53-80 (Phase One, Part Two) = 28 lots; Part 11 adds Lots 358-397 = 40 lots (Article I, Section 1: "Lots 53-80, Corne)

Developer / declarant

R & S Developers, LLC (Page 1 of 15, "R & S Developers, LLC, a )

Assessments & dues

$200.00 per calendar quarter for Phase One, Part One (initial); $50.00 per quarter for Phase One, Part Two (initial until Jan 1, 2003) (Article V, Section 1(6): "Until January )

Special assessments

Permitted for capital improvements; requires two-thirds vote of members (excluding Developer) plus Developer's assent; notice 30-60 days in advance (Article V, Section 4: "special assessmen)

Collections & liens

Assessment debt constitutes a continuing lien on the lot; association may foreclose like a mortgage; lien subordinate to first mortgages (Article V, Section 1: "assessment debt s)

Reserves & fees

Interest at 10% per annum; attorney's fees of not less than 20% of sum owed (Article V, Section 8: "interest ... at t)

Pets

Yes, only dogs and cats; no fowl except birds kept in cages; no farm animals or poultry (Article VIII, Section 6: "The only anima)

Leasing & rentals

Yes, with restrictions; owner may delegate voting rights to tenant; tenant considered representative for Association matters (Article IV, Section 3: "Any owner may de)

Parking & vehicles

Not explicitly detailed; garages required (minimum 2-car) and parking likely on private streets; no street parking restrictions mentioned except general nuisances (Article VII, Section 4: "All garages wil)

Fences

Fence plans must be submitted to ARC for approval; location, materials, height, design, character, color; non-compliant fences must be removed or brought into compliance (Article VII, Section 10: "Plans for the )

Architectural approval

Yes, all plans for construction, landscaping, fences, and exterior alterations must be submitted to Declarant (Architectural Review Committee) for approval before commencement (Article VII, Section 7: "The plans for t)

Signs & flags

Not specifically mentioned; but external flagpoles likely subject to ARC approval under general architectural controls (Article VII, Section 1 et seq. (architec)

Setbacks / home size

Front: at least 25 feet from right-of-way; side: at least 25 feet from any other street; side/rear: at least 5 feet from lot lines; garages/carports must be at least 20 feet from street paving to rear of residence (Article VII, Section 3: "no dwelling ...)

Maintenance

Lot owner responsible for maintenance of own lot, including drainage facilities located on lot; Association responsible for street maintenance, common areas, entrance landscaping, gates, etc. via assessment funds (Article VII, Section 12: "The ownership,)

Use restrictions

Yes, residential lots; only one single-family dwelling per lot (Article VII, Section 2: "All lots or par)

Voting & meetings

One vote per lot; if multiple owners, one designated representative; votes may be delegated to tenant with Board approval (Article IV, Section 2: "Every member of )

Amendments

Declarant may amend while owning at least one-half of lots; thereafter, 75% of lot owners may amend; must be in writing, acknowledged, recorded; initial term 25 years, automatic 10-year extensions unless 75% vote to revoke/modify; certain r (Article VIII, Section 8: "These covenant)

Amenities

Gates at main entrance; private streets; landscaping at entrance; gate controlled by Declarant initially, then Association (Article VI, Section 6: "Declarant shall )

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