Stonecrest (NE)

Key facts from Stonecrest (NE)'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with homeowners association (Preliminary Statement)

Legal name

Stonecrest

Units / lots

Original: Lots 1-13,16-25,27-31,43-55,61-63,66-167,182,183, Outlots C,D in Stonecrest; plus Stonecrest Replat One (Lots 1-27), Replat Two (Lots 1-17), Replat Three (Lots 1,2, Outlots A,B). First Amendment adds Meridian Park lots (see recita (Preliminary Statement and First Amendmen)

Developer / declarant

BOYER YOUNG EQUITIES V, L.L.C., a Nebraska Company (Preamble)

Governing law

Not explicitly cited; general common law (No reference)

Assessments & dues

Maximum $200.00 per lot per year, unless increased as per Section 12 or by 125% of previous year. (Art. II, § 10)

Reserves & fees

Board may create a reasonable contingency and reserve for Common Area Expenses. (Art. II, § 8(c))

Pets

Dogs, cats, or other household pets may be kept, not for commercial purposes. (Art. I, § 13)

Architectural approval

Declarant reserves right to appoint architectural review committee to review and approve/disapprove plans for improvements. (Art. I, § 2)

Signs & flags

One sign per lot, not more than 6 square feet, advertising 'For Sale' or 'For Rent'. No advertising signs, billboards, unsightly objects. Exception for Declarant during construction/sale. (Art. I, § 3)

Use restrictions

Each Lot shall be used exclusively for single-family residential purposes. (Art. I, § 1)

Voting & meetings

Two classes: Class A (non-Declarant owners) - one vote per lot; Class B (Declarant or lots subject to Declarant's mortgage) - twenty votes per lot until earlier of (a) Class A votes equal Class B votes, or (b) January 1, 2015. Members more (Art. II, § 6)

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