Northshore Village

Key facts from Northshore Village's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

residential subdivision (Preamble: 'desires to create and to deve)

Units / lots

57 (Lots 1 through 57) (Section 1.01 definition of 'Lot': 'The P)

Assessments & dues

Initially $20 per month per Lot (until fiscal year following initial conveyance); thereafter Board may increase up to 10% annually without vote, or more with 2/3 vote of each class. (Section 5.07)

Special assessments

Permitted for construction/reconstruction (requires 2/3 vote of each class), for reimbursement of owner's acts, and for fire protection charges. (Section 5.03)

Collections & liens

Each assessment is a continuing lien on the Lot; may be foreclosed by judicial proceedings; Association may also seek personal judgment. (Section 6.01)

Reserves & fees

Association shall establish a reserve fund for replacements of Common Area and Common Facilities; funded from annual maintenance assessments. (Section 5.06)

Leasing & rentals

Leasing of Dwelling is addressed (Section 13.02); no prohibition stated, but time-sharing is prohibited. (Section 13.02: 'Lease of Dwelling' and S)

Fences

Fences require ARC approval; included in list of items needing approval. (Section 10.02: 'no ... fence or wall' sh)

Architectural approval

All exterior improvements, changes, additions require prior written approval of Architectural Review Committee. (Section 10.02: 'no exterior addition, ch)

Signs & flags

Exterior signs require Architectural Review Committee approval (included in site plan requirements). (Section 10.02(c): 'exterior lighting and)

Insurance

Association may obtain liability, casualty, extended coverage, workmen's compensation, title, fidelity bonds, etc. as Board considers appropriate. (Section 7.01)

Use restrictions

Dwellings designed and intended for use as residence by single individual or family; no other use specified, but implied residential. (Section 1.01 definition of 'Dwelling' an)

Voting & meetings

Two classes: Class A Members (all except Declarant) one vote per Lot owned; Class B Member (Declarant) three votes per Lot owned. (Section 3.03)

Amendments

Amendments (Supplements) may be executed by Declarant for annexation; general amendment procedure likely requires vote of members as per Article XV (not fully visible). (Section 2.04, Article XV heading (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.