Foxcliff Ridge

Key facts from Foxcliff Ridge's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Article I Section 1 - Association shall )

Units / lots

six (Article I Section 6: 'Lots are identifie)

Assessments & dues

maximum monthly assessment (until 5-1-1999): $60.00 per lot; thereafter subject to increase limits (Article IV Section 3(a))

Special assessments

for capital improvements requires 2/3 vote of each class; Board may also make special assessments with approval of majority of first mortgage holders (Article IV Section 4; By-laws Article V )

Collections & liens

unpaid assessments become a lien on the lot; Association may foreclose or bring money judgment (Article IV Section 7; By-laws Article V )

Reserves & fees

common expenses may include a reserve fund for replacements (By-laws Article V Section 5.03(b)(iv))

Leasing & rentals

leases allowed if in writing and subject to all provisions of Declaration and By-laws (Article IX Section 12)

Home business

prohibited except for Declarant during construction and sale period (Article IX Section 5)

Maintenance

owner responsible (Association's exterior maintenance does not include roofing) (Article V)

Insurance

Association shall carry fire and extended coverage insurance on Common Areas; also public liability insurance with limits not less than $3,000,000 (Article X Section 1; By-laws Article VII)

Use restrictions

all lots restricted to dwellings for residential use; no business activities (Article IX Sections 1 and 5; By-laws Art)

Voting & meetings

Class A (all owners except Declarant): one vote per lot; Class B (Declarant): two votes per lot owned; Class B converts to Class A when total Class A votes equal Class B votes (Article III of Declaration; By-laws Arti)

Amendments

Declaration may be amended by instrument signed by at least 80% of lot owners; Declarant may amend during first 10 years with Association consent; By-laws may be amended by 66% vote of owners, or by Board before Class B conversion (Article VII Section 3; By-laws Article V)

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