Shady Acres Property Owners Association

Key facts from Shady Acres Property Owners Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners' Association (HOA) (Article 1 and title)

Units / lots

192 (Art. 1: lots 1-88 and 89-192)

Assessments & dues

$50 per lot per year (Art. 11, Sec. 1)

Collections & liens

Unpaid assessments become lien; POA may file notice of assessment lien and seek judicial foreclosure; costs and attorney's fees included in lien (Art. 11, Sec. 3)

Reserves & fees

Board may create operating reserve if annual receipts exceed expenses (Art. 15, Sec. 4)

Setbacks / home size

20 ft from street, 5 ft from side property line; corner lots: 10 ft from streets (Deed Restrictions (c))

Use restrictions

All lots residential only; no re-subdivision for additional dwelling (Deed Restrictions (a))

Voting & meetings

One vote per owner (husband/wife, joint tenants, tenants in common count as one member with one vote regardless of lots owned) (Art. 4, Sec. 2; Art. 5, Sec. 5)

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