Summit Creek HOA

Key facts from Summit Creek HOA's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Article I Section 1 defines Association )

Legal name

SUMMIT CREEK PLACE HOMEOWNERS ASSOCIATION (Article I Section 1)

Units / lots

32 residential lots (08-213-0001 through 08-213-0032) (Exhibit A (last page) lists 32 numbered )

Assessments & dues

Initial annual assessment of $1,560 per Lot, payable in equal monthly installments (Article IV Section 11)

Collections & liens

Unpaid assessments become a continuing lien on the Lot; Association may foreclose lien or bring action against owner personally; lien subordinate to first mortgage (Article IV Sections 1, 7, 8)

Reserves & fees

$495 recapitalization fee assessed to grantee each time title to Lot is transferred; exempt for transfer to family trust (Article IV Section 9)

Pets

Yes, household pets subject to Smithfield City ordinances for single-family residences (Article V Section 6(a))

Fences

Installation/construction of fencing strictly prohibited without prior written ARC approval (Article VI Section 11)

Use restrictions

Residential Lots shall only be used for residential purposes; no trade, craft, business, profession, commercial activity without Committee consent; exceptions for rental/sale activities and personal professional records/phone calls (Article V Section 4)

Voting & meetings

One vote per Lot; when multiple owners, only one vote cast per Lot (Article III Section 2)

Amendments

Modification or amendment effective upon majority vote by all Lot Owners (Article VIII Section 3)

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