Silver Spur Owners Association

Key facts from Silver Spur Owners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Units / lots

105 (if all 13 phases built) (Recital C (listing phases))

Developer / declarant

APACHE/CHEYENNE, A LIMITED LIABILITY COMPANY, A Nevada Limited Liability Company its successors and assigns (Section 1.10)

Governing law

NRS 116 (Nevada Revised Statutes for Common-Interest Communities) (Sections 3.11, 8.5, 8.7)

Assessments & dues

$780 per unit per year, payable in installments of $65 per month (Section 3.3)

Reserves & fees

Annual assessments must include an adequate reserve fund for periodic maintenance, repair, and replacement of Common Elements and Association Property (Section 3.1(a))

Pets

Yes (Section 9.7)

Leasing & rentals

Yes, with minimum 7-day lease term; lease must be in writing and tenant bound by governing documents; no transient/hotel purposes (Section 9.2)

Signs & flags

Only one sign of customary dimensions advertising unit for sale/rent allowed in unit; no signs on Common Elements without Board approval; Declarant exception for sales period (Section 9.10)

Use restrictions

Each Living Unit shall be used for private, residential single-family dwelling purposes only; no commercial use of Common Elements; Declarant may use units as model homes/sales offices during sales period (Section 9.9)

Voting & meetings

Two classes: Owner/Members (1 vote per unit owned) and Declarant/Member (appoints majority during control period) (Section 2.2)

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