Saddle Ridge

Key facts from Saddle Ridge's documents

Community type

HOA (Property Owners Association) (Section 1.1 Definitions: Saddle Ridge Pr)

Developer / declarant

SB Saddle Ridge, LLC (Recitals & Section 1.9 Definitions)

Governing law

Delaware Uniform Common Interest Ownership Act (DUCIOA) (Section 1.13 Definitions)

Assessments & dues

Board prepares budget; Owners may reject by majority vote at meeting (Section 5.3 Annual Assessments; Budgets)

Special assessments

Allowed with ratification by Owners, unless emergency; must be approved by Board and may require member vote (Section 5.5 Special Assessments, Budget )

Collections & liens

Assessment is a lien on the Lot; Association may foreclose the lien and sue personally (Section 5.1, 5.10)

Reserves & fees

Required; separate interest-bearing account; budgeted annually based on expected life and cost of replaceable assets (Section 5.12 Reserve Fund Budget and Con)

Pets

Not explicitly addressed in extracted text; likely allowed subject to Association rules (No applicable section in provided text)

Fences

Subject to ARC approval (fences included in Improvements) (Section 6.1 (fences listed))

Architectural approval

Yes, all Improvements (including structures, landscaping, modifications) require ARC approval (Section 6.1 General Provisions)

Signs & flags

Only for sales by Declarant/Participating Builders; otherwise subject to ARC approval (Section 2.2(3) and Section 6.1)

Maintenance

Owner (part of Lot maintenance) (Section 9.1 (implied, no explicit roof e)

Insurance

Required for Association Property (Section 10.1 Required Coverage)

Use restrictions

Yes, the community is residential (Recitals: 'residential community' and Se)

Voting & meetings

One vote per Lot (Section 4.2(a): 'Owners shall be entitle)

Amendments

Not fully specified in excerpt; budget amendments require 67% vote; declaration amendment likely requires member vote per DUCIOA (Section 5.5(c), 12.9 (Duration and Amend)

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