Wood Valley Townhome

Key facts from Wood Valley Townhome's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Residential subdivision (Wood Valley West) (Preliminary Statement; Section 1)

Legal name

Wood Valley West Homeowners Association (Section 20.i.A; consent page)

Units / lots

67 (Lots 1 through 67) plus Outlots A through F (Preliminary Statement)

Governing law

Nebraska Nonprofit Corporation Act (Section 20.v)

Assessments & dues

Starting January 1, 2018: $125 per Lot; then 125% of previous year's aggregate dues (maximum unless excess authorized) (Section 20.xi)

Special assessments

Up to $500 per Lot per year for extraordinary costs (acquisition, construction, improvement of Common Facilities) (Section 20.xii)

Collections & liens

Dues and assessments are a continuing lien on the lot; Association may foreclose and recover interest, costs, attorney's fees (Section 20.ix, xvi)

Pets

Yes, dogs, cats or household pets maintained within the dwelling, not for commercial purposes (Section 4)

Parking & vehicles

Commercial trucks not allowed on lot or street for more than 24 hours (Section 10)

Fences

Fences not nearer to street than the structure; material must be wood, vinyl, or black vinyl chain link; Lots 33-45 must be 6-foot tan vinyl; other fencing requires written approval (Section 5)

Architectural approval

Yes, for buildings, fences, walls, driveways, patios, etc.; approval by Developer (or designee) until last lot sold, then by Association (Section 13)

Setbacks / home size

Shall conform to applicable laws and ordinances (Section 2)

Maintenance

Owner maintains lot and fences installed by Declarant; Association maintains common facilities as described (Sections 5, 20.vi)

Voting & meetings

Each Lot owner one vote (Class A); Declarant ten votes per Lot owned (Class B) until conversion (Section 20.iv)

Amendments

Declarant may amend for 10 years; thereafter 75% of Lot owners must agree; amendment recorded; additional lots may be added via Subsequent Phase Protective Covenant (Sections 19, 20.xviii)

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