Ridgemoor Homeowners Association, Inc.

Key facts from Ridgemoor Homeowners Association, Inc.'s documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

single-family residential subdivision (Preliminary Statement)

Units / lots

Lots 1 thru 183, inclusive; and Outlot A (Preliminary Statement)

Developer / declarant

Stone Creek Plaza, LLC a Nebraska Limited Liability Company (Page 1)

Assessments & dues

Maximum annual dues per Lot: $75.00 or 125% of previous year's aggregate dues, whichever is greater; excess dues require 75% member approval (Article II, Section 10)

Special assessments

Board may levy assessments for extraordinary costs up to $200 per Lot per calendar year; aggregate limited to $200 per Lot per year; excess requires 75% member approval (Article II, Sections 11 and 12)

Collections & liens

Unpaid assessments constitute a lien on Lot, superior except for tax liens and prior recorded mortgages; may be foreclosed like a deed of trust or mortgage; Association may bid at sale; receiver allowed; owner must pay monthly assessments d (Article II, Section 9)

Reserves & fees

Association may create a reasonable contingency and reserve for Common Area Expenses (Article II, Section 8(c))

Pets

Dogs, cats or other household pets may be kept, provided not for commercial purposes (Article I, Section 13)

Leasing & rentals

Not explicitly addressed; no prohibition on leasing mentioned, but must comply with single-family residential use (No provision concerning leasing)

Parking & vehicles

Not explicitly addressed; prohibited storage of certain vehicles on streets (grading equipment, semi-tractors) but not general parking (Article I, Section 6)

Architectural approval

Declarant reserves right to appoint an architectural review committee to review and approve or disapprove plans for improvements to ensure compatibility and residential integrity (Article I, Section 2)

Setbacks / home size

Subject to zoning ordinances; not specified in declaration (Article I, Section 22)

Maintenance

Association responsible for maintenance of Common Area and Common Area Improvements; owner responsible for maintenance of own Lot, dwelling, and any fence they install; perimeter fence installed by developer maintained by Association (Art I (Article II, Section 2; Article I, Sectio)

Use restrictions

Each Lot shall be used exclusively for single-family residential purposes, except for Common Area, church, school, park, or other nonprofit use (Article I, Section 1)

Voting & meetings

Two classes: Class A (owners other than Declarant) – one vote per Lot; Class B (Declarant) – twenty votes per Lot until Class A equals Class B votes or January 1, 2018, whichever first occurs (Article II, Section 6)

Amendments

Declarant may amend in its sole discretion for 10 years from date (22 Oct 2007); thereafter amendment by instrument signed by Owners of not less than 75% of Lots (Article IV, 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.