Blue Stone Glen

Key facts from Blue Stone Glen's documents

Community type

Planned Development (P.D.) (Title page: BLUE STONE GLEN, P.D.)

Developer / declarant

CMCS, LLC

Assessments & dues

Maximum $100 per Lot per year until December 31, 2005; thereafter fixed by Board of Directors (Article VII Section 11)

Special assessments

Association may levy special assessment with assent of Members representing two-thirds (2/3) of total votes eligible; written notice at least 10 days but not more than 30 days in advance (Article VII Section 3)

Collections & liens

Unpaid assessments are a continuing lien on Lot; Association may foreclose via power of sale after 21 days advertising (3 weekly publications) and written notice to owner; sale free from equity of redemption; proceeds applied to expenses, t (Article VII Section 5 and Section 7)

Reserves & fees

Annual assessment includes cost of funding all reserves, including general operating reserve and/or reserve for replacements (Article VII Section 2(d))

Use restrictions

Lots 1 through 48 shall not be used except for private residential purposes; all buildings shall be single-family houses (Article IX Section 1 and Section 2(a))

Voting & meetings

Each Owner of a Lot entitled to one (1) vote per Lot owned; Declarant entitled to three (3) votes per Lot until three years after conveyance of first Lot, then one (1) vote per Lot (Article III Section 2; Bylaws Article II)

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