El Rancho Roxana

Key facts from El Rancho Roxana's documents

Community type

maintenance association (HOA-like) (Section 3 – Association Membership)

Units / lots

40 lots in subdivision, but only 11 affected lots (lots 9-19) (Recitals and Section 3)

Developer / declarant

P & Rlands LLC (first paragraph)

Governing law

Delaware (25 Del.C. §81-118 referenced) (Section 7(a))

Assessments & dues

Not fixed; set by Association at a uniform rate for all Affected Lots except Declarant. (Section 7(a))

Special assessments

Allowed if Board determines annual assessments insufficient. (Section 6(d))

Collections & liens

Yes. Unpaid assessments become a lien on the lot. Association may foreclose. (Section 7(b))

Reserves & fees

1.5% per month interest on delinquent assessments. (Section 7(a))

Maintenance

Association responsible for maintenance, repair, replacement of Easement Area (private streets, Open Recreation area, lot 20). (Section 6(a))

Amendments

Written agreement of Owners of Affected Lots plus consent of Declarant, recorded. Exception: amendment to add a lot as Affected Lot needs only such owner and Association. (Section 15)

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