Pravada

Key facts from Pravada's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Pravada

Developer / declarant

W & T Land Developments, LLC (Page 1/5: "made this 4th day of February)

Assessments & dues

$950.00 per Lot (initial) (Exhibit E: "Each Lot $950.00")

Special assessments

Authorized by Board for unbudgeted or extraordinary expenses; payable in installments (Declaration Section 8.3)

Collections & liens

Yes, assessments constitute a lien on the Lot; enforceable by suit, judgment, foreclosure (Declaration Section 8.7)

Reserves & fees

Required; Board shall prepare and review annually reserve budgets for Common Area (Declaration Section 8.2)

Fences

All fencing must receive DRB approval; fencing adjoining perimeter fence must be set back at least 7 feet from perimeter fence (Exhibit F Section 4.13)

Architectural approval

Yes, for new construction, modifications, landscaping, etc., from Design Review Board (DRB) or Architectural Review Committee (ARC) (Declaration Section 4.1, 4.2; Exhibit F)

Signs & flags

Restricted; all signs require prior DRB approval except certain exempt signs; no leasing signs allowed within Addition (Exhibit F Section 4.33)

Setbacks / home size

Reference to City ordinance or requirements; not specifically set in Declaration (Exhibit F Section 4.2: "Building size an)

Maintenance

Not explicitly assigned; likely Owner as part of Lot maintenance (General maintenance section)

Insurance

Association shall maintain insurance on Common Area and improvements (fire, extended coverage, etc.) (Declaration Section 7.3)

Use restrictions

Implied; community is residential; no explicit statement (Declaration: "a Residential Community")

Voting & meetings

Two classes: Class A (all Owners except Declarant, 1 vote per Lot), Class B (Declarant, multiple votes until conversion) (Bylaws Art. 2.8; Declaration Section 6.3)

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