Pine Grove Townhomes

Key facts from Pine Grove Townhomes's documents

Community type

Covenant / Planned Community

Legal name

The Pine Grove Village Garden Villas

Units / lots

Not explicitly stated; estimated ~90 units based on 1.11% interest per unit (Exhibit A (Garden Villas) – each unit ow)

Developer / declarant

Pine Grove Associates, Inc.

Assessments & dues

Garden Villas: maximum blank initially. Pine Grove Village: initial $10.00 per lot per month until Board sets. (Article V Section 3 (Garden Villas); Art)

Special assessments

Allowed, consent of members as for annual increase (2/3 vote in Garden Villas; separate ratification in Pine Grove Village). (Article V Section 4 (Garden Villas); Art)

Collections & liens

Assessment constitutes a lien; can be foreclosed. Garden Villas: lien subordinate to first mortgages. Pine Grove Village: detailed power of sale foreclosure with Trustee (initially President of the United States), 5% commission ($350 minimu (Article V Section 1,8,9 (Garden Villas);)

Reserves & fees

Late charge established by Board of Directors (Article V Section 8 (Garden Villas); Art)

Pets

Dogs, cats, or other household pets allowed, but not for commercial purposes. No livestock, wild animal pets, or poultry. (Article X Section 3 (Garden Villas))

Use restrictions

Lots for residential purposes only. One family per lot as principal residence (Garden Villas). (Article X Section 1 (Garden Villas); Art)

Voting & meetings

Garden Villas: Class A – 1 vote per lot; Class B (Declarant) – 3 votes per lot until conversion. Pine Grove Village: 1 vote per lot. (Article IV Section 2 (Garden Villas); Ar)

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