PRENTICE AVENUE TOWNHOME ASSOCIATION, INC.
RULES AND REGULATIONS
(Adopted by the Board of Directors, April 1, 2002)
The Prentice Avenue Townhome Association shall be referred to as the “Board”. Owners of record, members of the family and duly assigned tenants shall be referred to as “Residents”. The managing agent and personnel shall be referred as “Management”. The Townhome Declaration shall be referred to as “Covenants”. “Unit” shall refer to any unit within Prentice Avenue Townhomes.
These Rules and Regulations and the Fining Schedule are established for the mutual benefit of all Residents of the Association. The Board and/or Management shall have the right, power and authority to enforce the provisions in a manner consistent with the purpose for which they are intended.
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Annual assessment shall be payable in monthly installments on a prorated basis in advance and shall be due on the first of each month.
1. Payment is delinquent after the tenth (10th) day of each month.
2. A late charge of $20.00 will be assessed and Resident shall be notified by mail that the account is delinquent.
3. Costs of collection, including attorney’s fees, shall be assessed to Resident’s account. In addition, lien(s) may be placed on Unit(s) until account has been cleared.
4. The Association shall not be responsible for delays in mail. Payment shall be received and credited to the Association’s account by the 10th day of each month, or the first business day thereafter, in order to avoid a late charge.
Special assessments shall be payable as published by the Board.
No animals, livestock, poultry or insects, of any kind, shall be raised, bred, kept or boarded in or on the Property; provided, however, that (1) dog, cat or other household pet may be kept in any Townhome Unit, so long as it is not kept for any commercial purpose and not kept in a manner as to create a nuisances to other Owners. The Association shall have and is hereby given, the right and authority to determine in its sole discretion that dogs, cat or other household pets are being kept for commercial purposes or are being kept in such a manner as to unreasonable to create a nuisance to other Owners, or that an Owner is otherwise in violation of the provisions of this Section, and to take such action or actions as it deems reasonably necessary to correct the same. An Owner’s right to keep a household pet shall be coupled with the responsibility to pay for any damage caused by such Owner’s pet.
