Preserve at Boulder Mountain

Key facts from Preserve at Boulder Mountain's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

374 (WHEREAS, Lots 1 through 374)

Developer / declarant

Maracay Preserve, L.L.C. (Preamble)

Assessments & dues

Initial maximum $480 per Lot per year (Section 4.3(b))

Special assessments

Requires assent of Members having at least 2/3 of votes present in person or by proxy at a meeting called for that purpose (Section 4.8)

Collections & liens

Unpaid assessments create a continuing lien on the Lot; perfected by recording Notice of Claim of Lien; foreclosure allowed in manner of realty mortgage; Association may bid at sale. (Section 4.13)

Reserves & fees

Annual Assessment includes a reasonable Reserve Fund; funds deposited in segregated federally insured bank accounts; Reserve Studies shall be obtained periodically after 3 years. (Sections 4.3, 4.3(d))

Pets

Reasonable number of generally recognized house or yard pets allowed, not for commercial purposes. (Section 5.5)

Leasing & rentals

Yes, with written lease, minimum term 30 days, lease must be for entire residence and Lot. (Section 5.28)

Parking & vehicles

Non-operating vehicles are not permitted in residential driveways unless repairs are imminent. (Section 5.9)

Architectural approval

Yes, for any addition, alteration, repair, change that alters exterior appearance including exterior color scheme, patio additions, storage sheds. (Section 5.22)

Home business

Permitted if: not detectable from outside, complies with zoning, no customer visits except mail/package delivery, no door-to-door solicitation, does not violate other provisions, consistent with residential character. (Section 5.4)

Use restrictions

All Lots shall be used, improved and devoted exclusively to Single Family residential use. (Section 5.4)

Voting & meetings

Class A (Owner of a Lot): 1 vote per Lot owned; Class B (Declarant): 3 votes per Lot owned until conversion. Joint Owners: vote cast as a unit. Suspension of voting rights for non-payment or infractions. (Sections 3.7, 3.8, 3.10)

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