Inspirada

Key facts from Inspirada's documents

Reflects the 2014 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association

Legal name

Inspirada Homeowners Association, Inc. (BY-LAWS OF INSPIRADA HOMEOWNERS ASSOCIAT)

Developer / declarant

M&R Land Development, LLC (M&R LAND DEVELOPMENT, LLC)

Assessments & dues

The Board of Directors shall establish assessments from time to time for common expenses. (Establish assessments from time to time )

Collections & liens

The Association may bring an action at law against the owner personally obligated to pay the assessment or foreclose the lien against the property, or both, and interest, costs and reasonable attorney’s fees shall be added. (ARTICLE XI ASSESSMENTS - Association may)

Insurance

The Board shall procure and maintain adequate liability and hazard insurance on property owned by the Association. (Article VII section 1e - Procure and mai)

Voting & meetings

Each member votes per their allotted number of votes based on class membership. Cumulative voting is not permitted. (each member voting per their allotted nu)

Amendments

These By-Laws may be amended by a vote of a majority of Board members present. (ARTICLE XII Section 1 - These By-Laws ma)

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