Harbor

Key facts from Harbor's documents

Community type

Covenant / Planned Community

Legal name

THE HARBOR ASSOCIATION, INC.

Developer / declarant

RICHARDSON CORPORATION

Assessments & dues

Initial maximum $180 per lot per year (Article IV, Section 3 (both docs))

Special assessments

For capital improvements, requires 2/3 vote of each class; uniform rate per lot; may be monthly. (Article IV, Section 5 (both docs))

Collections & liens

Assessments are a continuing lien on the lot; Association may foreclose. Lien subordinate to first mortgage. Sale or foreclosure may extinguish prior liens. (Article IV, Sections 1, 11 (both docs))

Reserves & fees

Capital Improvement Fund may be established by Board; funds in separate account; interest may be used for operations. (Article IV, Section 12 (both docs))

Architectural approval

Plans and specifications for any building, fence, wall, or other structure must be submitted to Board or architectural committee for approval as to harmony of external design and location. (Article V (both docs))

Signs & flags

One 'For Sale' or 'For Rent' sign, not exceeding 3 feet in length and 2 feet in width. (Article VII, Section 11 (both docs))

Use restrictions

Lots shall be used for single-family residential purposes only (Article VII, Section 1 (both docs))

Voting & meetings

Two classes: Class A (one vote per lot) and Class B (Declarant, four votes per lot). Class B terminates when (a) votes equal, (b) 4 months after 75% lots conveyed, or (c) 5 years after first lot conveyance. (Article III, Section 2 (both docs))

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