Walker Farm (MS)

Key facts from Walker Farm (MS)'s documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (Art. 1.04; 7.01)

Legal name

Walker Farms Owner's Association

Developer / declarant

S & W Properties, L.L.C. (First page; Art. 1.03(k))

Governing law

Laws of the State of Mississippi govern this Declaration (12.03)

Assessments & dues

Set annually by Board of Directors; not a fixed amount in declaration (Art. 4.05)

Special assessments

Allowed for capital improvements; total per calendar year cannot exceed $500 per lot unless approved by majority of voting rights (Art. 4.04)

Collections & liens

Assessments constitute a continuing lien on the lot; can be foreclosed like a mortgage; Association granted power of sale (Art. 4.01, 4.06)

Reserves & fees

Association shall establish a reserve account for periodic maintenance, repair, and replacement of Common Area, funded out of regular assessments (Art. 3.05)

Pets

Dogs, cats, and other household pets may be kept subject to association rules; not for commercial purposes (Art. 7.06 (2014); Covenant 7 (2010))

Leasing & rentals

Yes, for residential purposes only; subject to association rules (Art. 8.01)

Parking & vehicles

Recreational vehicles and boats must be parked in garage or stored out of sight and fully screened by a fence at least 6 ft high (Art. 7.10(c))

Architectural approval

Yes, for all construction, exterior additions, or alterations (Art. 6.01)

Home business

Allowed if incidental, uses ≤10% of total square footage, secondary to residential use (Art. 7.13)

Signs & flags

Association may purchase flags and require owners to display them at designated locations and times (Art. 7.18)

Use restrictions

Each lot restricted to private single-family dwelling (Art. 7.01 (2014); Covenant 1 (2010))

Voting & meetings

Members have voting rights; certain actions require specific percentages (e.g., 67% for amendments, 80% for termination, 75% for non-reconstruction of common area) (Art. 9.04, 9.05, 11.03)

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