Woodcrest

Key facts from Woodcrest's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

WOODCREST (LIVE OAK) HOMEOWNERS’ ASSOCIATION, INC. (Auburn Hills Declaration Article I, Sect)

Special assessments

May be levied for a year with prior written approval of 66-2/3% of outstanding votes at a meeting with quorum. Prorated based on ownership period. (Auburn Hills Declaration Article IV, Sec)

Reserves & fees

Community enhancement fee of $100.00 payable by each seller and purchaser at every closing (other than Declarant). After fifth anniversary of recording, fee is greater of $100.00 or 0.15% of sales price. (Auburn Hills Declaration Article IV, Sec)

Fences

All fences and walls shall be constructed of masonry, brick, wood or other material approved by the Committee. No chain-link fences. No fence shall extend nearer to any street than the front of the residence. No portion of any fence shall e (Article III, Section 3.12 (Page 8 of 15))

Use restrictions

Yes. The Property shall be used for single-family residential purposes only. (Article III, Section 3.1 (Page 4 of 15))

Voting & meetings

Class A Members (all Owners) entitled to one vote per Lot. Class B Member (Declarant) entitled to three votes per Lot owned until either Class A votes equal Class B votes or ten years from recording of Declaration. No cumulative voting. (Auburn Hills Declaration Article III, Se)

Amendments

Amendment requires express written consent of at least sixty-six and two-thirds percent (66-2/3%) of outstanding votes held by Owners at a meeting with a quorum. If amendment involves Areas of Common Responsibility, City approval also requi (Article IV, Section 4.5 (Pages 9-10 of 1)

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