Horse Ranch

Key facts from Horse Ranch's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Title: HORSE RANCH HOMEOWNERS ASSOCIATIO)

Legal name

Horse Ranch Homeowners Association

Developer / declarant

Snowmass Land Company, an Illinois partnership (Art. I: "Snowmass Land Company, an Illin)

Assessments & dues

Board prepares and adopts budget, levies assessments sufficient to pay estimated Common Expenses (Art. IV, 4.3(e); Art. VI, 6.1, 6.4)

Reserves & fees

Board may establish working capital reserve fund as set forth in Declaration (Art. IV, 4.3(f))

Voting & meetings

One vote per Lot; single Owner votes; entity designates agent; multiple Owners designate agent or unanimous agreement; proxy allowed, revocable, max one year; cumulative voting not permitted (Art. II, 2.3, 2.4, 2.7)

Amendments

Board may amend at regular or special meeting with quorum (except matters committed to Members); Members may amend by majority vote; but as long as Declarant is a Member, no amendment without Declarant's written consent (Art. VII, 7.3)

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