Lantern Ridge Homeowners Association

Key facts from Lantern Ridge Homeowners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners' Association (Lantern Ridge Homeowners' Association, Inc.) (Art. VII, §7.5; Art. X, §10.1)

Assessments & dues

$200 per year per lot initially (Art. X, §10.2)

Special assessments

May be levied by Owner/Developer or Association as necessary; due when invoiced. (Art. X, §10.2)

Collections & liens

Assessment constitutes a lien on lot. Association may foreclose like a mortgage after filing Notice of Lis Pendens. Lien subordinate to construction mortgages unless Lis Pendens filed before foreclosure of mortgage. (Art. X, §10.3-10.5)

Reserves & fees

Board may establish reasonable reserves for common expenses and contingencies (By-laws Art. VII, §2). (By-laws Art. VII, §2)

Leasing & rentals

Not explicitly addressed; renting rooms or transient accommodations prohibited (2.2). Leasing of entire single-family residence may be permissible but not stated. (Art. II, §2.2)

Parking & vehicles

Recreation vehicles (boats, travel trailers, motor homes) must be parked out of view in enclosed area (garage or approved outbuilding). (Art. II, §2.15)

Fences

Fences prohibited between front setback line and street. Allowed elsewhere if conforming to one of six types (Exhibit B) – wood or vinyl, painted/stained to match dwelling trim, ARC approved. Walls max 6 ft. (Art. II, §2.8)

Architectural approval

All improvements (buildings, fences, walls, driveways, swimming pools, etc.) require written approval of Architectural Committee before commencement. (Art. III, §3.1)

Home business

Prohibited (no business, professional office). (Art. II, §2.2)

Signs & flags

Only 'for rent' or 'for sale' signs (max 4 ft, on stake). Developer may have commercial signs temporarily. Name/number plates allowed with ARC approval. (Art. II, §2.10; §2.17)

Setbacks / home size

Front per plat; side 10 ft; rear 20 ft. Minor deviations allowed by ARC for hardship, not violating county ordinances. (Art. II, §2.6)

Use restrictions

All lots for single family residence only. Business prohibited. No duplex, boarding, motel, etc. (Art. II, §2.1-2.2)

Voting & meetings

One vote per lot normally; Owner/Developer gets 2 votes per lot owned; owners of up to two contiguous lots get 1 vote; owners of non-contiguous lots get 1 vote per lot. (By-laws Art. III, §5; Declaration Art. X)

Amendments

Owner/Developer may amend for ambiguity (Art. V §5.1); property owners cannot impose additional covenants without Developer approval (Art. V §5.2). Term extension requires majority of owners within 6 months prior to September 1, 2029 (Art. (Art. V, §5.1-5.2; Art. VI, §6.3)

Amenities

Clubhouse and recreational facilities permitted to be constructed and maintained by Developer/Association. Not yet built. (Art. II, §2.2; Art. X, §10.2f)

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