Rambleridge Rep III

Key facts from Rambleridge Rep III's documents

Community type

Covenant / Planned Community

Legal name

Rambleridge Property Owners Association, Inc.

Developer / declarant

Charles G. Smith, Trustee

Assessments & dues

Variable: Board sets annually based on budget. For unimproved lots: $1.00/month until construction, $2.60/month after construction until improved. For improved lots: uniform amount as set. (Article IV, Section 3)

Special assessments

Allowed for capital improvements or extraordinary expenses; payable in 12 monthly installments starting one month after levy. (Article IV, Section 4)

Collections & liens

Assessments become a continuing lien on the lot; personal obligation of owner at time due. Association may foreclose lien as a mortgage foreclosure. Lien subordinate to first mortgage. (Article IV, Sections 1, 6, 7)

Pets

Yes, limited to 2 household pets per household (Article VI, Section 5)

Leasing & rentals

Yes, with restrictions: leasing for residential purposes for a term exceeding one year is permitted with written Committee permission. (Article VI, Section 2(c))

Architectural approval

Yes, from Board or Architectural Committee for any building, fence, wall, structure, exterior addition or alteration (Article V)

Home business

Prohibited except for public utility structures, Declarant's sales/manager offices, or portions of buildings leased for residential purposes for over one year with Committee permission. (Article VI, Section 2)

Signs & flags

Billboards and advertising boards prohibited except for home sales within the area. (Article VI, Section 8)

Use restrictions

All lots shall be used only for single-family residences (Article VI, Section 11)

Voting & meetings

Two classes: Resident Members – 1 vote per lot; Declarant Member – 3 votes per lot. Declarant membership converts to Resident when total Resident votes equal Declarant votes. (Article III, Section 2)

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