Sierra Montana

Key facts from Sierra Montana's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (HOA) (Section 1.6 (Association defined as nonp)

Assessments & dues

Initially $500 per lot until January 1 after first lot conveyance; then increases by greater of 10% of prior year maximum or CPI-based formula; cannot exceed 20% year-over-year without majority Owner approval (Section 4.3(G))

Special assessments

Allowed for capital improvements or other lawful purpose; requires assent of at least 2/3 of votes cast at meeting (Section 4.4)

Collections & liens

Assessment Lien on Lot; may be recorded as Notice of Claim of Lien; foreclosable like a realty mortgage; Association may bid at sale (Sections 4.1, 4.8)

Reserves & fees

Association shall establish and maintain adequate reserve fund for periodic maintenance, repair, and replacement of Common Area improvements (Section 4.11)

Pets

Dogs, cats, and other common household pets (types/breeds limited to those acceptable by Board) may be kept (Section 5.16)

Leasing & rentals

Yes, subject to restrictions (Section 5.15)

Parking & vehicles

Temporary parking allowed on street directly adjacent to lot; overnight parking prohibited; no parking on other streets (Section 5.6)

Fences

Party walls on dividing lines between lots; maintenance shared; repair costs shared (with exceptions for damage caused by one owner); requirements for walls adjacent to streets or Common Area (Article VII (Sections 7.1-7.9))

Architectural approval

Yes, for any construction, installation, alteration, repair, change, or replacement that alters exterior appearance, and for excavation/grading (Section 5.22)

Home business

Permitted if in accordance with applicable municipal ordinances for home businesses in residential districts (Section 5.1)

Setbacks / home size

Not specifically stated; but wall encroachment easements allow up to 1 foot for walls, 4 feet for roof improvements (Section 7.9(A), (B))

Maintenance

Not explicitly stated, but Owner maintains residence in good repair (Article VIII); likely Owner responsibility (Article VIII)

Use restrictions

All lots shall be improved and used only for Single Family Residential Use (Section 5.1)

Voting & meetings

Two classes: Class A (each Owner 1 vote per Lot); Class B (Co-Declarants 3 votes per Lot) (Section 3.7)

Amendments

Not in provided excerpts; implied can amend with appropriate votes (Section 3.13 requires unanimous written approval of Fortis, Ryland, Shea, and Journey for certain amendments) (Section 3.13 (limited reference))

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