Felder Creek

Key facts from Felder Creek's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

125 (Legal Description: 'Lots 1 Thru 125', pa)

Developer / declarant

Donnie B. Malphrus (Section 2.8, page 1)

Assessments & dues

$100.00 per Lot (initial annual assessment) (Section 5.6, page 7)

Special assessments

Approved by two-thirds (2/3) of Total Association Vote (Section 5.8, page 7)

Collections & liens

Lien on Lot for assessments; lien attaches after 30 days delinquent; Association may foreclose (Sections 5.11, 5.13, pages 7-8)

Reserves & fees

Late charge in amount set by Board after 10 days delinquency (Section 5.13, page 8)

Home business

Allowed if no more than one person employed, occupies less than 20% of heated floor space, does not increase traffic, no signs or advertising, no customers/clients within community (Section 7.2, page 9)

Use restrictions

All Lots shall be used for residential purposes only (Section 7.2, page 9)

Voting & meetings

One vote per Lot owned; if multiple owners, they determine how to vote; suspension if more than one person seeks to exercise it. (Section 4.2, page 6)

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