Grayhawk II

Key facts from Grayhawk II's documents

Community type

Covenant / Planned Community

Legal name

Grayhawk Townhome Owners Association

Developer / declarant

Celebrity Townhomes, Inc.

Assessments & dues

Maximum $1,140 per lot initially; actual amount fixed by Board not exceeding maximum (Article III, Section 3)

Special assessments

Possible via apportionment for inordinate wear/damage caused by lot owner (Article III, Section 7) and via Board approval with 2/3 vote for exterior maintenance when owner fails (Article IV, Section 2) (Article III, Section 7; Article IV, Sect)

Collections & liens

Annual assessments are a continuing lien on the lot; Association may foreclose the lien through court proceedings (Article III, Section 1 and Section 9)

Pets

Non-exotic household pets allowed; no animals, livestock, or poultry (Article VI, Section 1(b))

Architectural approval

Approval required for fences (except Declarant's), exterior painting (unless approved by Association), buildings, walls, other structures, and exterior additions/changes (Article V)

Home business

Personal business records and calls allowed, but no signs, displays, or commercial activity (Article VI, Section 1(a))

Maintenance

Association may provide exterior maintenance as described; Owner responsible for maintenance of underground watering system, dead landscaping replacement after warranty, and any improvements installed by owner. If owner fails to maintain, A (Article IV, Sections 1 and 2)

Insurance

Association shall purchase general liability coverage insurance; may provide liability coverage for officers and directors (Article VIII, Section 2)

Use restrictions

Lots are restricted exclusively to residential use; no business, trade, occupation, or profession of any kind may be conducted, with limited exception for personal business records/calls (Article VI, Section 1(a))

Voting & meetings

Class A (all Owners except Declarant) – one vote per lot; Class B (Declarant) – three votes per lot until conversion (Article II, Section 2)

Amendments

First 20 years: by Declarant alone or by instrument signed by 90% of Lot Owners; thereafter: by instrument signed by 75% of Lot Owners; any amendment must be recorded (Article XI, Section 3)

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