Fox Bay

Key facts from Fox Bay's documents

Reflects the 1988 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned Community (Declaration title)

Legal name

Fox Bay, Inc.

Developer / declarant

Fox Bay, Inc.

Governing law

Mississippi Nonprofit Corporation Act (Article III, Section 1(a))

Assessments & dues

First Annual Assessment fixed by Board of Directors; amount not specified (Article V, Section 3)

Special assessments

Capital Improvement Assessment (majority Class A plus Class B), Restoration Assessment (limited to cost), Extraordinary Maintenance Assessment (majority Class A plus Class B) (Article V, Section 5)

Collections & liens

Assessment lien on the land; personal obligation of Owner; Association may foreclose (including power of sale) like mortgage (Article V, Sections 1 and 8)

Reserves & fees

To be determined by Board of Directors (Article V, Section 8)

Pets

Yes, subject to rules adopted by Board (keeping of animals) (Article VI, Section 1(e))

Leasing & rentals

Yes, but entire Living Unit and improvements must be leased; term at least six months; lease must comply with Association rules and be subordinate to Declaration; lease in writing (Article VI, Section 3(b))

Fences

Subject to ARC approval (Article VI, Section 1(d) (no structure w)

Architectural approval

Yes – prior ARC approval required for any exterior alteration, improvement, change of paint color, excavation, etc., except by Developer (Article III, Section 4(c); Article VI, S)

Home business

Not explicitly addressed

Signs & flags

Board may adopt rules regarding signs (part of general rules) (Article VI, Section 1(e))

Setbacks / home size

Set-back restrictions initially indicated on recorded plat or determined by Developer; may be amended by ARC after Developer conveyance; amendments more restrictive require District consent (Article VI, Section 1(c))

Maintenance

Owner responsible for Lot and improvements; Association responsible for Common Area (Article VI, Section 2(a); Article IV, Se)

Insurance

Association to obtain blanket property insurance on Common Area (fire, extended coverage, vandalism, theft); comprehensive public tort liability; workers' compensation (Article V, Section 11(a)-(c))

Use restrictions

Yes – property divided into Lots for single family homes, garden homes, townhomes, etc. (Article VI, Section 3(a))

Voting & meetings

Class A: one vote per Lot (owners except Developer); Class B: three votes per Lot (Developer); Class B ceases when Developer no longer owns Lots (Article III, Section 2(c))

Amendments

By vote of not less than 2/3 of Class A Members, District, and Class B Member (if any); recorded; Developer consent required for certain amendments (General Provisions, Section 2 and Sectio)

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