North Rose Lake Villas

Key facts from North Rose Lake Villas's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

North Rose Lake Villas

Assessments & dues

Board establishes budget and levies assessments equally per lot (with Declarant exemption during control period). (Sections 8.4.1, 8.5 (page 13-14))

Special assessments

Allowed by board vote; during Declarant Control Period, owners' right to veto not effective. (Section 8.4.2 (page 14), 15.4.4 (page 31)

Collections & liens

Association has a lien on each lot for unpaid assessments, superior to all other liens except certain mortgages. May foreclose by power of sale or judicial foreclosure. (Article 9, Sections 9.1-9.6 (page 16-17))

Reserves & fees

Association shall establish and maintain reserves for operations and replacement/repair of common areas, funded out of regular assessments as determined by board. (Section 8.9 (page 15))

Pets

Yes, for companionship subject to board rules. (Section C.2 (page 39))

Leasing & rentals

Yes, subject to Community Documents; owner must provide tenant with copy of documents and is liable for tenant violations. (Section C.12 (page 40-41))

Fences

Fences require ARC approval; must be uniform along stretches visible from roads or common areas; Architectural Reviewer may specify height, color, material, and transition treatments. (Section C.8 (page 40))

Architectural approval

Yes, prior written approval required for any improvement, modification, or alteration of original construction. (Article 5, especially 5.5, 5.6)

Home business

Allowed if incidental to residential use, complies with ordinances, does not cause traffic or parking issues, and uses no signage beyond a small professional sign. (Section C.5 (page 39-40))

Signs & flags

Only one professionally-made traditional yard sign of not more than (size not specified) for active marketing; no other signs permitted. (Section C.18 (page 41))

Setbacks / home size

1,500 square feet (excluding garages, porches, and accessory buildings). (Section B.1 (page 35))

Maintenance

Association maintains Common Areas; owner maintains his lot and all improvements, including limited common areas designated for exclusive use. (Article 11, Sections 11.1, 11.2, 4.5)

Use restrictions

Yes; each lot is intended for residential use; occupancy only in completed principal dwelling. (Section C.15 (page 41), Article 6.4)

Voting & meetings

One vote per lot, equal value, no cumulative voting. (Section 7.7 (page 17))

Amendments

Requires consent of owners of at least 67% of lots, plus approval of affected Purchase Money Mortgagees (deemed approved after 30 days if not objected). Higher percentages may be required for amendments affecting certain rights. (Article 13, Sections 13.1, 13.2, 12.2)

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