Lost Pine

Key facts from Lost Pine's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lost Pine Homeowners Association, Inc.

Developer / declarant

Lost Pine Development II, LLC (Page 1: 'Lost Pine Development II, LLC')

Assessments & dues

Set initially by Board at first meeting, then determined annually by Board (Page 12, Section 5.02: 'Board of Directo)

Special assessments

Allowed for construction, reconstruction, replacement, repairs, enforcement, fire protection, and other purposes approved by 2/3 of each class; also per-Lot assessments for defaults (Pages 13-15, Sections 5.03(a)-(e))

Collections & liens

Continuing lien on Lot, binding personal obligation; may foreclose like mortgage with power of sale under Mississippi law; Association may buy at foreclosure (Page 17-18, Section 6.01)

Reserves & fees

Association shall establish and maintain reserve fund for replacements of Common Area; funds deposited in federally insured banks or investments designated by Board (Page 15, Section 5.05)

Fences

Subject to Architectural Review Committee approval (included in requirements for review) (Page 24, Section 10.04(b): 'fences' list)

Architectural approval

Yes, no improvement or exterior change may be commenced without approval of Lost Pine Architectural Review Committee (Pages 23-24, Article X, especially Secti)

Home business

Allowed if no regular customer/client/employee traffic, not more than 25% floor area of Dwelling, and accessory building limited to 25% of floor area of Dwelling; subject to Rankin County ordinances (Page 27, Section 12.01(B))

Setbacks / home size

Front: 25 ft from front lot line; Side: 7.5 ft from side lot line (or 25 ft from side street lot line); Rear: 15 ft from rear lot line; eaves may extend beyond setback lines (Page 27-28, Section 12.03(A)-(C))

Maintenance

Association responsible for Common Area; Owner responsible for Lot, Dwelling, and appurtenances, including lawn and garden (Page 14, Section 5.04: 'This Declaration)

Insurance

Association shall obtain insurance in such limits and forms as Board considers appropriate, costs included in Annual Assessments (Page 20, Section 7.01)

Use restrictions

Yes, each Lot and Dwelling shall be used only for residential purposes; no building other than one detached single-family dwelling not exceeding two stories (Page 26-27, Section 12.01(A))

Voting & meetings

Class A Members: 1 vote per Lot; Class B Members (Declarant): 1 vote per Lot plus 1 vote for unplatted property (Page 7, Section 3.04: voting rights for )

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