Stonewall Farm Townhomes Owners Association

Key facts from Stonewall Farm Townhomes Owners Association's documents

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

Community type

HOA (fee simple townhome lots with undivided common element interest) (Article I definitions of Townhome and Co)

Units / lots

31 (Lots 121-151 inclusive) (Exhibit A)

Assessments & dues

Common Expenses divided equally among Co-owners; amounts and times determined by Board. (Declaration 7.2(a))

Reserves & fees

Reasonable late charges allowed. (Declaration 7.2(a))

Leasing & rentals

Yes, with prior notice to Board (20 days for non-family; 10 days for family members). Copy of lease required. (Declaration 3.4)

Voting & meetings

One vote per Townhome; co-owners among themselves determine vote; Developer gets three votes per Townhome owned. (Declaration 1.1(i) and (j); Bylaws 4.02)

Amendments

By instrument signed by any three Directors, with affidavit of mailing to lienholders, recorded. Certain sections require mortgagee or Developer consent. (Declaration 10.6, 3.6(a))

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