Townhomes at the Ranch

Key facts from Townhomes at the Ranch's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Townhomes at the Ranch Homeowners Association, Inc. (Article I Section 1)

Developer / declarant

Homex of Colorado, a Colorado joint venture

Assessments & dues

Maximum annual assessment initially $1,200 per lot. (Article IV Section 3)

Special assessments

May be levied for extraordinary expenses or capital improvements with 2/3 vote of each class; not for non-capital improvements until Class B membership terminates. (Article IV Section 4)

Collections & liens

Assessment creates a continuing lien on the lot; may be foreclosed like a mortgage; superior to homestead exemption; subordinate to first mortgages; personal obligation does not pass to successors unless assumed. (Article IV Sections 1, 10; Article IX Se)

Reserves & fees

Association shall maintain an adequate reserve fund out of annual assessments for periodic replacement of items. (Article IV Section 3(c))

Pets

Yes – dogs, cats, fish, or other domestic animals as bona fide household pets. (Article VIII Section 5)

Leasing & rentals

Yes, but subject to Declaration, Articles, and Bylaws. (Article IX Section 10)

Parking & vehicles

Not restricted for trucks or commercial vehicles necessary for construction or maintenance of Common Area. (Article VIII Section 14)

Architectural approval

Yes, for any construction, alteration, change in grade, or landscaping. (Article VI Section 2)

Signs & flags

Only name plate, street number, and one 'for sale' sign not exceeding 5 square feet; Declarant may use larger signs during promotional period. (Article VIII Section 7)

Setbacks / home size

Not to exceed two stories. (Article VIII Section 4)

Maintenance

Owner maintains structures of Lot in neat and attractive manner; Association may assume exterior maintenance upon 2/3 vote after Class B termination; Association responsible for periodic re-painting of residences. (Article VII Sections 1, 5)

Insurance

Association may obtain blanket fire and hazard insurance covering completed improvements on lots for full replacement cost. (Article IX Section 12)

Use restrictions

Lots shall be used for private family residence purposes only. (Article VIII Section 4)

Voting & meetings

Two classes: Class A (owners, 1 vote per lot); Class B (Declarant, 3 votes per lot until conversion). (Article III Section 2)

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