Rio Verde Ranchos Property Owners Association

Key facts from Rio Verde Ranchos Property Owners Association's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Rio Verde Ranchos Property Owners Association – a planned community with residential and hobby farm uses (Part I, Part III.A)

Legal name

Rio Verde Ranchos Property Owners Association, Inc.

Units / lots

34 lots (Lots 1 through 34 inclusive) (Page 1)

Assessments & dues

Initial regular assessment $300 per year per lot (Part III.H)

Special assessments

Upon two-thirds (2/3) vote of Lot Owners, Association may set special assessments necessary to meet primary purposes (Part III.J)

Collections & liens

Unpaid assessments constitute a lien on the Lot prior to all liens except ad valorem tax; Association may foreclose like a deed of trust, bid at sale, and acquire, hold, lease, encumber and convey the Lot (Part III.K)

Reserves & fees

Late payment penalties and charges, if any, together with interest, all as set by the Association (Part III.E)

Leasing & rentals

Yes, but only leases of not less than one year are permitted with Board notification; any lease less than one year requires Board approval; short‑term, vacation, transient rentals prohibited (Part V.A(3)(iv))

Use restrictions

All lots and dwelling units shall be used, improved and devoted exclusively to domestic use; hobby farm purposes allowed (Part V.A(3), Part I)

Voting & meetings

One vote per Lot, except Combined Lot gets 1.5 votes; majority vote for Association matters unless otherwise specified; if multiple owners of a Lot, one vote collectively (Part III.L, Part III.K)

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