Lakewood Village Property Ownrs

Key facts from Lakewood Village Property Ownrs's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Lakewood Village Property Owners Association, Inc.

Assessments & dues

Annual Assessment or any Assessment levied by the Board of Directors on a per lot basis; partial lots prorated (2.01a)

Reserves & fees

Penalties and interest collected for delinquent assessments (2.03 (reinstatement includes penalties a)

Voting & meetings

One vote per lot (including fractional) for property owner or spouse (not both); must be current on assessments through current month; absentee ballots allowed for elections (2.02)

Amendments

Proposed amendments presented at regular or special meeting; if approved by majority of members, Secretary gives each member 10 days notice of meeting for voting; must be approved by two-thirds (2/3) majority of members present at that meet (9.01)

Amenities

Lot 120 includes recreation hall, parking lot, swimming pool, shuffleboard courts; also lake and pond managed by First VP (5.01b, 5.01c)

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