Woods at Chancellor Place Homeowners

Key facts from Woods at Chancellor Place Homeowners's documents

Community type

Homeowners Association (The Woods at Chancellor Place Homeowners)

Legal name

THE WOODS AT CHANCELLOR PLACE HOMEOWNERS ASSOCIATION

Assessments & dues

Fixed by the Board in its sole discretion in an amount sufficient to fulfill obligations of the Association; shall reflect anticipated operating expenditures and repair/replacement reserve accumulation requirements (By-Laws Article 7.1 as quoted in Resolut)

Special assessments

Allowed; referred to as special Common Expense assessments (Resolution WHEREAS: 'such sums, by way o)

Collections & liens

Each assessment is a continuing lien upon the Lot and a personal obligation; lien may be foreclosed like a mortgage; Association may file a claim of lien, send notice demanding payment within 30 days, and if unpaid, commence legal action in (By-Laws Art 7.2 as quoted: 'Each assessm)

Reserves & fees

Repair and replacement reserve accumulation requirements are part of the annual assessment (By-Laws Art 7.1 as quoted: 'anticipate .)

Voting & meetings

Affirmative vote of at least two-thirds of all eligible Lot Owners required to approve amendments (First Amendment: 'the affirmative vote o)

Amendments

Requires affirmative vote of at least two-thirds of all eligible Lot Owners per Article IV, Section 5 of the Declaration (First Amendment: 'pursuant to Article IV)

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