Homeowner's Association
"Agreements" and Dues
Like most neighborhoods, there are some important community parameters and agreements that residents are expected to understand and follow. Besides owning your own home and lot, owners also share ownership and responsibility for community property. Because of the shared ownership, we have a Homeowner's Association that budgets, sets dues, pays taxes, buys insurance, does maintenance, etc. We also have other community "agreements established for and approved by the people who live here- for example establishing an outside "quiet time" for summer evenings.
Some of the "basics:"
Any exterior additions to your home or exterior improvements on your property must be reviewed and approved by the Design Review Committee made up of your neighbors.
While many residents work from home, conducting a retail business from your home is not permitted. This could generate excessive traffic and tie up much of the visitor parking.
Parking is limited.
Pets are welcome at Greyrock and must be leashed or under the close control of the owner when on community land. To protect wildlife, cats must live indoors all times.
The Homeowners Association (HOA) is managed by the residents at Greyrock Commons- not by an outside management company. All homeowners are members of the HOA and participate in annual budgeting and the setting of dues to cover operating expenses and to build reserves. Dues are pro-rated based on the number of people living in the house, the size of the house, size and number of garages.
The HOA has a five member Board of Directors made up of owners who volunteer to serve a 3 year term. The HOA Board oversees the business aspects of the association (e.g. insurance, maintenance, finances)
The HOA has responsibility for insuring and maintaining the exteriors of the buildings (think roofs and paint), paying for trash and recycling pick up from a single location, paying for snow plowing when needed, and maintaining community owned land, roads, and buildings.