Pointe at Polaris

Key facts from Pointe at Polaris's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Mixed-use office/retail/residential development (Recitals E, page 3 of 29)

Units / lots

At least 4 lots (Lot 1, Lot 2, Lot 3, Lot 4) identified in Amendment; original declaration appears to have multiple lots as well (Recitals C, D, E; Definitions Appendix 1)

Assessments & dues

Not fixed; based on estimated Common Expenses multiplied by each Owner's Proportionate Share (Section 7.3(a), page 15 of 52)

Special assessments

Declarant may levy assessments against individual Lots for Lot-specific expenses (Section 7.3(b)); also can levy additional assessments if needed (implied by power to collect for Common Expenses) (Section 7.3(b), page 16 of 52)

Collections & liens

Yes; if assessment not paid within 30 days after due date, Declarant may record a lien and foreclose; lien subject to first mortgages (Section 7.5 and 7.6, pages 16-17 of 52)

Reserves & fees

Interest at Default Rate on delinquent assessments; Default Rate defined in Appendix 1 (not included in provided text but referenced) (Section 7.4, page 16 of 52)

Leasing & rentals

Not specifically addressed; declaration applies to Owners and Occupants; no express prohibition on leasing (Section 1.1 (binds Occupants), page 7 of)

Parking & vehicles

Off-site parking prohibited on public rights-of-way; truck loading/unloading on streets prohibited; off-street loading required; trucks/commercial vehicles not to be parked outside building unless in designated screened areas (Section 9.4, page 19 of 52)

Fences

Not explicitly mentioned

Signs & flags

Not directly addressed in provided excerpts; but Section 10.5 refers to a Signage Easement (not included in full text) (Table of Contents, page 2 of 52 (Section)

Amendments

Declarant may unilaterally add property by amendment (Section 4.2); amendments generally require joinder of Owners and Mortgagees as specified in Article XI (not included in full text) (Section 4.2, page 11 of 52; Table of Con)

Amenities

Not explicitly listed; site plan (Exhibit D) likely shows amenities; Common Areas include parking, roads, storm water facilities (Exhibit D Site Plan (pages 23-24 of 29);)

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