Ranch Property Description:lt 1 Ranch

Key facts from Ranch Property Description:lt 1 Ranch's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

subdivision (Covered lots in The Ranch and Cypress Po)

Legal name

The Ranch Community Property Owners Association, Inc.

Units / lots

Lots 1-6, 119-134, 151-154, 101 and 102 (also 1,2,3,5,7,101,125,137,132,151) (Title page and page 1 header)

Developer / declarant

Ranch Properties, Inc.

Assessments & dues

Initial Annual Assessment: $216 for vacant unimproved lots; $348 for lots with residence or other improvements (Section 3: The initial Annual Assessment)

Special assessments

Board may levy special assessment for capital improvements on Common Area, applicable to that year only, per bylaws (Section 3: the Board ... shall be empowe)

Voting & meetings

Each Lot owner one vote per Lot; when multiple owners, designate single individual to cast vote (Section 1: Each Lot owner shall be entit)

Amendments

Original Bill of Assurance (as amended) may be modified by vote of at least majority of Association members along with unanimous vote of all Board members (Section 6: may be modified and amended a)

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