Old Town Gardens Subd North

Key facts from Old Town Gardens Subd North's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

Long Family Real Estate, Inc.

Governing law

Mississippi law (Section 12.03: The laws of the State of )

Assessments & dues

Board fixes amount at least 30 days in advance of each annual assessment period; each Lot pays equal share (fraction: number of Lots owned / total Lots in Subdivision) multiplied by total assessment. (Sections 4.05, 4.06)

Special assessments

Board may levy special assessment for capital improvements on Common Area up to $500 per lot per year unless approved by majority of Members. (Section 4.04)

Collections & liens

Assessment Lien reserved; foreclosure via power of sale, in manner provided for mortgage/deed of trust under Mississippi law; Association may bid at foreclosure. (Section 4.08)

Reserves & fees

Board may establish and maintain a reserve fund for repair and replacement of improvements to Common Area. (Section 4.02)

Pets

Dogs, cats, and other household pets allowed subject to rules and regulations; livestock and poultry prohibited. (Section 7.06)

Leasing & rentals

Homes and Lots may be leased for residential purposes only. (Section 8.01)

Parking & vehicles

Prohibited from remaining on or adjacent to any Lot for more than 48 hours unless in enclosed garage. (Section 7.10(a))

Fences

Fences must be wood construction; from front property line to 20 ft from corner of house nearest front property line. (Section 7.05(i))

Architectural approval

ARC shall approve or disapprove within 30 days after submission; if not, approval deemed automatically given. (Section 6.02)

Home business

Owner may conduct business entirely within home if (i) uses only 10% of total square footage, (ii) no additional parking on subdivision streets or Common Areas, (iii) secondary to residential use, (iv) not violate zoning; Builders may use m (Section 7.01(a) and (b))

Setbacks / home size

Minimum 1,300 square feet of heated and cooled living space. (Section 7.05(a))

Insurance

Reasonable deductible as determined by Board. (Section 11.01)

Use restrictions

Each Lot restricted to private single-family dwelling for residential use. (Section 7.01)

Voting & meetings

Voting by Owners shall be in accordance with the Bylaws; amendment requires 67% of voting interests; certain special assessments require majority vote; 80% to terminate after 50 years. (Sections 3.02, 9.05, 4.04, 9.04)

Amendments

Declaration may be amended by vote of 67% of voting interests; until Turnover, Declarant may amend in any manner without consent; Declarant may also correct typographical errors without member vote. (Sections 9.05, 10.02, 9.06)

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