Wellesley

Key facts from Wellesley's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Subdivision (Title and Paragraph 17)

Legal name

Wellesley Homeowner's Association

Units / lots

45 lots initially in Phase I; 97 lots total after Phase II (Recital 'Lots 1-45' and paragraph 2 'sal)

Developer / declarant

Capstone Developers, LLC

Assessments & dues

Set by WHA board at uniform rate per lot; not specified in document (Paragraph 3)

Special assessments

Referenced in context of mortgage protection and delinquency absorption (Paragraph 3)

Reserves & fees

Segregated account for unforeseen expenditures after control vests in lot owners (Paragraph 3)

Setbacks / home size

25 feet from front line or side street line; 10 feet from side lot line; 25 feet from rear boundary; may be waived by Developer (Paragraph 8)

Use restrictions

All lots are single family residential lots; only one single-family dwelling and attached garage per lot (Building and Restrictions paragraph 1)

Voting & meetings

One share per lot, one vote per share; Developer has one share per lot owned (Paragraph 2)

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