Moss Creek Community Association Inc

Key facts from Moss Creek Community Association Inc's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Community Association, Inc.) (Definition of 'Association' in Article I)

Assessments & dues

Maximum Regular Annual Assessment as per Schedule A (not provided); automatically increased 10% per year from 1998 (Article V, Section 3(a) and 3(h))

Special assessments

Allowed for capital improvements, additions, loan repayment, etc.; requires approval of 51% of votes cast at a duly called meeting; cannot exceed Maximum Regular Annual Assessment except for emergencies (storm, fire, natural disaster, or ca (Article V, Section 4)

Collections & liens

Assessment is a continuing lien on the property; Association may bring action at law and enforce lien; lien subordinate to first deed of trust (Article V, Sections 1, 9, 10)

Reserves & fees

Association shall establish reserve funds from Annual Assessments for major rehabilitation, emergency repairs, initial costs of new services, and periodic maintenance of Common Properties (Article V, Section 5)

Leasing & rentals

Yes; 'Tenant' defined, implying leasing allowed (Article I(l))

Architectural approval

Yes; Architectural Review Board established by Association (Article VI, Section 2(h))

Insurance

Association shall insure buildings and improvements on Common Areas for 100% insurable replacement value, covering fire and extended coverage (Article VI, Section 3(i)(2))

Use restrictions

Yes; definitions indicate property intended for single-family detached dwellings (Article I(g), (i))

Voting & meetings

Type A Members (Owners of Residential Lots and Family Dwelling Units) have 2 votes per lot/unit; Type B Member (Company) elects a portion of the Board (Article III, Sections 2 and 4)

Amendments

Requires 2/3 vote of each Type of Member; consent of Company while it controls Board; also can amend without consent for tax-exempt status or to correct errors/omissions (Article VII, Section 2)

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