Cascades Subdivision

Key facts from Cascades Subdivision's documents

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

Community type

residential subdivision (2016 Purpose and Intent: 'high quality r)

Units / lots

57 numbered lots initially; may be increased by replatting (2016 Article III, Section 1(a): 'even if)

Developer / declarant

DOC Holdings, LLC (2016 Declaration opening paragraph)

Assessments & dues

$1,000 for 2016; thereafter maximum may increase up to 10% per year without vote (2016 Article IV, Section 3: 'maximum ann)

Collections & liens

Unpaid assessment becomes a continuing lien on the lot; can foreclose after notice to mortgagee (2016 Article IV, Section 10(a) and (b))

Reserves & fees

Required reserve for replacement funded by annual assessment; amounts invested in FDIC-insured accounts or US obligations (2016 Article IV, Section 11)

Use restrictions

All lots used as residential lots; only single-family dwelling and one accessory building or detached garage allowed (2014 paragraph 1: 'All lots...shall be k)

Voting & meetings

Class A: 1 vote per lot; Class B (Declarant): 4 votes per lot until conversion (2016 Article III, Section 2(a) and (b))

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