The Cove at Grant Ranch

Key facts from The Cove at Grant Ranch's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

The Cove at Grant Ranch Homeowners Association

Governing law

Colorado Common Interest Ownership Act, C.R.S. § 38-33.3-101 et seq. (Section 2.1(a))

Assessments & dues

Association prepares budget before each fiscal year, establishes annual assessment. Budget effective unless disapproved by majority of total Association vote at a meeting. If no quorum, budget effective. Special assessments follow same proc (Section 5.7, Section 5.8)

Special assessments

Allowed. Proposed by Association; becomes effective unless disapproved by majority of total Association membership at meeting called per Section 5.7 procedures. If no quorum, effective. May be payable in installments or lump sum discount. (Section 5.8)

Collections & liens

All assessments, charges, interest, costs, and reasonable attorney's fees are a continuing lien on the Lot. Association may record notice of lien. Lien priority per Act. Association may foreclose lien; may also bring personal action. Associ (Section 5.3, Section 5.6(d), (e))

Reserves & fees

Annual budget includes reserve contribution for replacement of improvements that are Association's responsibility. Surplus funds may be added to capital reserve account. (Section 5.7, Section 5.10)

Pets

Yes, up to 2 generally recognized household pets allowed on Lot. (Section 8.11(a))

Leasing & rentals

Yes, any Owner may lease or allow occupancy of Lot, subject to restrictions. (Section 8.3)

Parking & vehicles

Prohibited in Community or streets unless parked wholly within garage with garage door closed. Emergency vehicles permitted. Temporary allowance during business hours for serving Lots/Common Areas, but no overnight without Board consent. (Section 8.14(a))

Architectural approval

DRC responds within 30 days of completed application (45 days if variance). If no response, applicant may send notice; if no disapproval within 15 days, approval deemed. All improvements must be commenced within 6 months of approval; comple (Section 7.8, 7.9, 7.10)

Home business

Ancillary business activities allowed within Residence if: not detectable from outside; no excessive visitation; legal; no excess traffic; no insurance premium increase; consistent with residential character; no material greater use of Comm (Section 8.2(a)(i)-(vii))

Signs & flags

Commercial signs prohibited except: one professional 'For Rent/Sale' sign (subject to policy); two security signs ≤1 sq ft each; security decals ≤8x8 inches. Non-commercial signs/flags subject to content-neutral regulations. (Section 8.17)

Use restrictions

Each Lot used for residential purposes only. No trade or business conducted in or from Lot except ancillary business activities meeting criteria. (Section 8.2(a))

Voting & meetings

Each Lot is entitled to one vote. When more than one Owner, vote exercised as they determine; otherwise suspended. Membership appurtenant to Lot, one membership per Lot. (Section 3.2(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.