Lake Mead Ranchos

Key facts from Lake Mead Ranchos's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Property Owners Association (Section 2.1)

Units / lots

Not enumerated; includes specific lot numbers from Units 4,5,6,7 (Exhibit A and first page listing)

Developer / declarant

Western Land and Ranches, LLC and Nevada Land and Ranches, LLC (collectively, Declarant) (Preamble)

Governing law

Arizona state law (not specified) (General location and references to Mohav)

Assessments & dues

Initial regular assessment $50.00 per Lot annually (Section 2.8)

Special assessments

Allowed; for capital expenditures requires 2/3 vote of Members meeting 50% quorum (Section 2.9)

Collections & liens

Assessments become lien on Lot; foreclosure allowed if amount $1,200 or more or delinquent for minimum 1 year (Section 2.11)

Reserves & fees

Association may create reserves for future capital expenditures and maintenance (Section 2.7)

Home business

Home offices allowed if conducted via phone/computer, not apparent from exterior, no noise/traffic congestion, preserves residential nature (Section 5.1)

Use restrictions

Single family residential and recreational use only; livestock may be kept (Section 5.1)

Voting & meetings

Each Owner (non-Declarant) 1 vote per Lot; Declarant 6 votes per Lot (Section 2.3)

Amendments

Declarant may amend any provision without owner approval before Transition Date; after Transition Date, Association may amend by 2/3 vote of Members meeting 50% quorum, except certain paragraphs (2.2, 5.1, 5.2, 5.4, 6.3, Sections 3 and 4) c (Section 6.3)

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