Indigo Island Reserve

Key facts from Indigo Island Reserve's documents

Community type

Covenant / Planned Community

Legal name

Indigo Island Reserve Property Owners Association, Inc.

Developer / declarant

Indigo Island Reserve, LLC

Governing law

South Carolina Code Section 15-48-10 et seq. (arbitration) (Page 1: "CERTAIN OF THE AGREEMENTS... AR)

Assessments & dues

Maximum $600 per Home Site until Jan 1, 2006 (Article IV, Section 3: "Until January 1,)

Special assessments

Allowed; requires same 2/3 vote as annual assessment increase; cannot be for initial construction of amenities (Article IV, Section 4: "special assessme)

Collections & liens

Assessment is a continuing lien on the Home Site; Association may foreclose; lien subordinate to first mortgage; foreclosure sale extinguishes prior assessment liens (Article IV, Sections 1 and 8 and 9: "sha)

Reserves & fees

Declarant not required to pay portion of annual assessment designated for creation of reserves (Article IV, Section 11: "Declarant shall)

Pets

Dogs or cats may be kept, not for commercial purposes (Article VI, Section 7: "dogs or cats may)

Parking & vehicles

Trucks over 3/4 ton not permitted to park overnight; no vehicles transporting inflammatory/explosive cargo (Article VI, Section 9: "Trucks with tonn)

Architectural approval

Yes, for any improvement, landscaping installation or material alteration, exterior modification (Article IX, Section 1(a): "no Owner... s)

Setbacks / home size

As required by applicable zoning laws and governmental requirements, including DHEC-OCRM buffers (Article IX, Section 3: "The main buildin)

Use restrictions

Single family, non-transient residential purposes only (Article VI, Section 1: "Each Home Site s)

Voting & meetings

Class A: 1 vote per Home Site; Class B: 3 votes per Home Site owned by Declarant. Class B converts to Class A when votes equal or Jan 1, 2013. (Article II, Section 2: "Each Class A Hom)

Amendments

Declaration cannot be amended without Declarant's written consent while Declarant owns any Home Site. (Article II, Section 3: "this Declaration)

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