Forest Walk Homeowners Association

Key facts from Forest Walk Homeowners Association's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Recital 1 - "homeowners association name)

Legal name

Forest Walk Homeowners Association

Units / lots

43 single family building lots plus 3 open space lots (detention basins) (Recital 2 - "forty-three (43) single fam)

Assessments & dues

Set by Board of Trustees annually at amount sufficient to maintain and operate common areas and facilities. (Declaration Art. II, Sec. 3 & 4)

Special assessments

Yes, for unforeseen expenses, repairs, construction, capital improvements, and for municipal recreation contribution (up to $1,000 or as required by Harrison Township ordinance). Uniform rate for all lots, applicable to that year only. (Declaration Art. II, Sec. 6)

Collections & liens

Annual and special assessments are a continuing lien on the lot; personal obligation of owner; may enforce or foreclose lien; subordinate to first mortgage prior to foreclosure sale. (Declaration Art. II, Sec. 1, 7, 8)

Reserves & fees

If not paid within 30 days after due date, assessment bears interest at 12% per annum and/or a monthly late fee as set by Board. (Declaration Art. II, Sec. 7)

Parking & vehicles

Commercial vehicles over 5,000 lbs prohibited except temporary (up to 72 hours). Under 5,000 lbs allowed on private property but not on public roadway except temporary. (Declaration Art. III, Sec. 13)

Architectural approval

Yes, for any building, fence, or structure erection, placement, alteration, or color change; also for tree removal (except dead or threatening trees). Plans must be approved in writing by Association (Board or Architectural Review Committee (Declaration Art. III, Sec. 11 & 12; By-l)

Signs & flags

Sign allowed if no larger than 24"x24"; flag no larger than 3'x5' (except US flag); only one sign and/or one flag at a time; must be removed after 30 days except US flag and For Sale/For Rent signs without time restriction. (Declaration Art. III, Sec. 18)

Maintenance

Association responsible for maintenance of common property (detention basins, storm water system, open space, site triangle easements). Owners responsible for their lots and improvements (lawns, mailboxes, trees, lighting). (Declaration Art. II, Sec. 11; Art. III, )

Use restrictions

All lots shall be used solely for purposes of a detached, single family residence only. (Declaration Art. III, Sec. 1)

Voting & meetings

Each lot one vote; multiple owners decide among themselves but only one vote per lot. Votes in person, absentee ballot, or electronic transmission. Good standing required. (Declaration Art. I, Sec. 2; By-laws Art.)

Amendments

Declaration may be amended by agreement of no less than majority of lot owners (22 of 43). By-laws may be amended by vote of majority of lot owners (22 of 43). (Declaration Art. IV, Sec. 6; By-laws Art)

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