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Lakecrest Homeowners Association

Lakecrest Homeowners Association is a homeowners association (HOA) in Orem, Utah County, managed by TPM Inc., with registration active through 10/31/2026.

5 daysuntil this registration expires

expires 10/31/2026

Lakecrest HOA dues

Monthly dues

Not on file

No listing in this community states current dues yet. The board can publish the real figure in one minute.

Fees the CC&Rs set · 1982 declarationRead the dues clauses

12% / yrInterest on a late payment, 12% a yearArticle III, Section 20(f) · p. 10

RequiredA separate reserve fund, kept apart from operating moneyArticle III, Section 27(a) · p. 15

On the board? Add current dues and they publish here under your name.

Verified against the registry contact on file before it goes live.

Lakecrest HOA registration record

On file with the state

Number: 14255182-HOA1
Type: Homeowners association
Status (as of July 31, 2026): Active
Expires: 10/31/2026

Who manages Lakecrest HOA?

Manager: TPM Inc.
President: David Johnston

From the Utah Department of Commerce HOA registry, July 31, 2026. Why the expiry matters: under § 57-8a-105 a lapsed association can't enforce assessment liens — how Utah assessment liens work.

Monthly dues

Dues not yet on file — the board shares the real figure when it claims this page.

How Utah HOAs set and raise dues · § 57-8a-201

Lakecrest HOA CC&Rs

Recorded with the county

Document: Condominium declaration
Entry: 31630 · 1982
Recorded: Dec 17, 1982
Length: 271 pages
Declarant: Lakecrest Estates Condominiums
Covers: 30 parcels

Read the recorded document

From the Utah County Recorder's index. Amendments and supplemental declarations may apply — the recorder holds the full trail.

What the declaration says

Can the board raise dues?The declaration sets no percentage cap on increases; the management committee sets the annual assessment each year from advance estimates of the project's cash needs. Structural alterations or capital improvements to the common areas costing more than $3,000 require the prior approval of owners holding a majority of the voting power.Article III, Section 20(b) · p. 9

What dues and fees does the declaration set?The 1982 declaration states no dollar assessment amount; assessments are set annually by the committee and billed monthly in advance. It caps the fee for a written statement of unpaid assessments at $10 and requires a working capital fund equal to at least two months of estimated common area charges per unit.Article III, Section 20(h) · p. 11

What happens over unpaid dues?Unpaid annual or special assessments bear 12% interest per year if not paid within 30 days of the due date and are secured by a lien on the unit in favor of the management committee. The committee may record a notice of lien and foreclose it like a mortgage, and the owner must pay costs, filing expenses and reasonable attorney's fees; the committee may also sue the owner personally and may suspend voting rights for noncompliance.Article III, Section 20(f) · p. 10

What insurance does the HOA carry, and who pays the deductible?The management committee must maintain fire and casualty insurance on the project, a fidelity bond equal to 150% of estimated annual operating expenses and reserves, and liability coverage of at least $300,000 per person injured, $1,000,000 per accident and $1,000,000 for property damage. Any owner may buy additional insurance at his own expense so long as it does not reduce recovery under the committee's policy, and must give the committee a copy within 30 days. The document does not address deductibles.Article III, Section 22 · p. 12

Does the declaration require a reserve fund?Yes. An adequate reserve fund for replacement of the common areas must be established and funded by regular monthly payments rather than by special assessments. Annual assessment estimates may also include a reasonable contingency reserve, surplus or sinking fund.Article III, Section 27(a) · p. 15

Can owners rent their homes?No owner may lease a unit for transient or hotel purposes or for less than 30 days, and no owner may lease less than the entire unit. All leases must be in writing and must state that the lease is subject to the declaration and bylaws, with any tenant violation being a default under the lease.Article III, Section 27(g) · p. 15

What can't owners do with their homes?Units are for single family residential use only. Nothing may be kept or stored on the common areas, and nothing may be altered, built or removed there, without the committee's prior written consent, and no noxious, destructive or offensive activity that annoys other residents is allowed. Nothing may be done that would cancel or raise the rate of the project's insurance.Article III, Section 21 · p. 11

Do I need approval to change my home's exterior?No owner may make structural alterations to a unit without the prior written consent of the management committee, and exterior wiring, antennas, air conditioning units and similar installations require committee authorization. Under the bylaws, if the committee does not object within the stipulated time after being notified of a proposed modification, there is deemed to be no objection.Article III, Section 21(f) · p. 12

What about pets and parking?No livestock or poultry may be raised, bred or kept in a unit or the common areas, but household pets may be kept in units subject to strict observance of the rules adopted by the management committee. The bylaws add that keeping domestic animals must comply with municipal sanitary regulations.Article III, Section 21(d) · p. 12

Can the association fine owners?The declaration mentions no fines. Failure to comply with the declaration or rules is grounds for an action for damages or injunctive relief brought by the management committee or manager on behalf of owners, or by an aggrieved owner. The committee may also suspend an owner's voting rights while the owner fails to comply.Article III, Section 29 · p. 17

How is the board chosen, and when does the developer step back?A seven member management committee governs, elected at the annual meeting with staggered terms — three for one year, three for two years and one for three years, with successors then serving three year terms. The declarant alone selects or acts as the committee until 75% of the voting interest has been conveyed to purchasers or five years after the first unit conveyance, whichever comes first, and may waive that right earlier by written notice and a recorded waiver, with owner control vesting 30 days later. Annual meetings are held the third Thursday of December, and a quorum is owners holding 66% of the votes, in person or by proxy.Article III, Section 18(b) · p. 7

How do the CC&Rs change?Amending the declaration or the record of survey map normally requires the vote of at least two thirds of the undivided ownership interest, and the amendment is recorded in an instrument executed by the management committee certifying the vote. Until units representing 75% of the undivided ownership interest are sold, the declarant alone may amend the declaration or map. Material amendments also require the prior written approval of at least 75% of first mortgagees.Article III, Section 24 · p. 14

Read from the recorded declaration by Kahoa. Every line cites its page — read the page before relying on it. The recorded document controls, not this summary.

Questions about Lakecrest HOA

10 questions · 8 answered from Utah law · 2 waiting on the board

Answered from Utah lawCommon question · records

How do I get a copy of Lakecrest's CC&Rs?

Put the request in writing. Under § 57-8a-227 the association must make its governing documents available — the latest versions must be free on its website if it has one — and must fulfill a written records request within 10 business days. Emailed copies are free; paper copying charges are capped.

Write the request letter Read § 57-8a-227

Answered from Utah lawCommon question · dues

How much can Lakecrest HOA raise dues in a year?

Utah sets no statutory cap — the limit, if any, lives in the declaration. § 57-8a-201 requires the board to adopt a budget and give owners notice of the assessment before it takes effect, and in many communities owners can call a meeting to reject the budget.

Read § 57-8a-201

Answered from Utah lawCommon question · late fees

What happens if I fall behind on dues?

Unpaid assessments become a lien on the home under § 57-8a-301. The association must follow the statute's notice steps before enforcing — and it cannot enforce a lien while its own registration is lapsed.

Read § 57-8a-301

Waiting on the boardOnly the board can answer this

What does Lakecrest HOA's reserve fund hold right now?

Utah § 57-8a-211 requires a reserve analysis at least every five years and an annual owner vote on funding it. The figure itself lives with the board.

Sent to the registry contact on file. An answer posts here after review.

See all 10 questions

Answered from Utah lawCommon question · fines

Can Lakecrest HOA fine me, and how?

Only for violations of the governing documents, and only with the process Utah law requires: written warning first, a chance to be heard, and fine amounts set by a published schedule. A fine without that process is contestable.

Read § 57-8a-208

Answered from Utah lawCommon question · rentals

Can Lakecrest restrict rentals?

Often yes, within limits. § 57-8a-209 restricts what rental limits an association can impose and grandfathers owners who were renting before a restriction took effect — the details live in the declaration, so read it alongside the statute.

Read § 57-8a-209

Answered from Utah lawCommon question · meetings

Can I attend board meetings?

Yes. Under § 57-8a-226 board meetings are open to owners except during executive session, and owners must get notice of meetings. Minutes are records you can request.

Read § 57-8a-226

Answered from Utah lawCommon question · collections

Can Lakecrest HOA foreclose on my home?

Only at the end of a long, regulated ladder: the debt must be at least 180 days delinquent and the association must first send the certified pre-foreclosure notice § 57-8a-303 requires. Most delinquencies never legally get near foreclosure.

Read § 57-8a-303

Answered from Utah lawCommon question · buying here

Buying in Lakecrest — what do I get before closing?

The seller can request the association's payoff and document packet, and § 57-8a-106 caps what the association may charge for producing it at $50. Ask for the declaration, bylaws, rules, current budget, and any unpaid assessments on the unit before you commit.

Read § 57-8a-106

Waiting on the boardOnly the board can answer this

What does Lakecrest's insurance cover, and what's my deductible exposure?

Utah requires the association to carry property and liability coverage and to share policy details with owners on request. What the current policy actually covers — and what falls to owners — is the board's to publish.

Sent to the registry contact on file. An answer posts here after review.

Ask your own

Questions go public after review. Personal disputes and names of neighbors get removed.

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This page is what homeowners and buyers read about Lakecrest Homeowners Association today. Claim it to answer them from your own declaration — and get the renewal reminder before 10/31/2026.

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This page is generated from the Utah Department of Commerce HOA registry as of July 31, 2026, a public record, plus county filings and public sources where noted. Registrations change as associations renew or update their filings — verify anything time-sensitive against the official registry. Represent this association and want something corrected or removed? Email hello@kahoa.app.