Savoy Place

Key facts from Savoy Place's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

Part 2 includes Lots 43-79 inclusive (37 lots); total property lots unknown (DOC 125868 page 1: 'LOTS 43 — 79, INCLUS)

Developer / declarant

Belvedere Place, LLC

Assessments & dues

Not fixed; determined by Board in annual budget (Regular Assessments) (Art. 8.3.1, 8.5)

Special assessments

Yes; for unanticipated common expenses; some (acquisition of immovable property, construction of additional improvements, significant increase in Association responsibility) require majority Lot approval (Art. 8.3.2)

Collections & liens

Assessment is a charge on the Lot secured by a continuing privilege; may be foreclosed judicially or non-judicially (Art. 9.1, 9.5)

Reserves & fees

Association may establish, maintain, and accumulate reserves for operations and replacement/repair; Declarant not required to fund (Art. 8.7)

Pets

Only customary domesticated household pets; no animals for commercial purpose or for food (Art. 6.4)

Parking & vehicles

Permitted for temporary purposes only; not overnight or longer than one day (Art. 6.34)

Fences

Fences must be maintained in good repair; materials: masonry, wood, or ARC-approved; finished side facing street/alley/Common Area; no barbed wire or chain link; no solid color stain; wood may be natural or clear sealant; not in front of fr (Art. 6.12)

Architectural approval

Prior written approval required for any construction, addition, alteration, improvement, etc. visible from a street, another Lot, or Common Area (Art. 5.5)

Home business

Permitted if incidental to primary residential use, conforms to ordinances, does not entail employee/public visits in quantity that increases street parking, and does not interfere with neighboring Lots’ residential use (Art. 6.8)

Signs & flags

Only real estate 'For Sale' signs, construction signs (each not exceeding five square feet), open house signs (max 3 continuous days); no political signs except as required by law; no signs attached to street sign or light poles; Declarant (Art. 6.25)

Use restrictions

Use of Lot limited exclusively to residential purposes, except limited business uses expressly permitted (Art. 6.17)

Voting & meetings

Class A: one vote per Lot owned by Owner (except Declarant); Class B: Declarant has three votes per Lot owned; no cumulative voting; proxy allowed (Art. 7.3; Art. 7.8)

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