Prairie Ridge Estates Homeowners Association

Key facts from Prairie Ridge Estates Homeowners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Prairie Ridge Estates Homeowners Associa)

Legal name

Prairie Ridge Estates Homeowners Association, Inc.

Assessments & dues

Board of Directors prepares annual budget and sets the amount of each assessment; must be disclosed in Annual Meeting Notice at least 30 days in advance (Article VIII Section 3(c)(i)-(iii) (page)

Collections & liens

Association may bring action at law against owner or foreclose lien on the property for unpaid assessments; reasonable attorney's fees added to assessment (Article XII (page 11-12))

Reserves & fees

Association may hold reserves for periodic repairs and capital improvements as directed by the Members through the Board (Article I Section 2(b) (page 1))

Maintenance

Association not responsible for maintenance of individual properties except as specified in Declaration; Association responsible for snow removal, taxes, and insurance on Common Road (Article I Section 2(c)-(d) (page 1-2) an)

Insurance

Board to procure and maintain liability and hazard insurance on the Common Road (Ridge View Drive) (Article VIII Section 3(vii) (page 9))

Voting & meetings

One vote per Ownership Unit; Voting Members must be Members in good standing (Article III Section 2 (page 3) and defin)

Amendments

Bylaws may be amended at an Annual Meeting or special meeting by a majority of Voting Members present; petition by 10% of Voting Members may propose amendments with statement of reasons (Article XIII (page 12))

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