Sheridan Cloud Peak Ranch Homeowners Association, Inc.

Key facts from Sheridan Cloud Peak Ranch Homeowners Association, Inc.'s documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Sheridan Cloud Peak Ranch Homeowners Association, Inc.) (Article I, Section A)

Units / lots

18 (Lots 1 through 18 of Cloud Peak Ranch, Second Filing) plus Common Area Lots A and B (Recital A, Section D)

Developer / declarant

System Land, LLC, a Wyoming Limited Liability Company (Recitals, Declaration)

Assessments & dues

Not fixed; based on cash requirements determined by Association from time to time (Article VI, Section B)

Special assessments

Not explicitly named; Common Expenses may include deficits and reserves (Art. VI.B), but no specific special assessment provision (Article VI, Section B)

Collections & liens

Yes. Unpaid assessments become a lien on the Lot, recorded with County Clerk. Foreclosure similar to mortgage. Association may bid at sale. Liens prior to all except taxes and first mortgage. (Article VII, Sections A and B)

Reserves & fees

Association may create contingency, reserve, sinking, or surplus fund as part of Common Expenses (Article VI, Section B)

Pets

Yes, commonly accepted domestic household pets only; not for commercial purpose. (Article IX, Section 13)

Leasing & rentals

Yes; nothing shall limit ability of owner to rent residence, multi-family, apartment, etc. to residential tenants. (Article I, Section B (definition of Owne)

Parking & vehicles

Not prohibited per se, but may be restricted by ARC guidelines if they cause unreasonable nuisance; limited to personally owned automobiles for commercial purposes. (Article IX, Section 5)

Fences

Must be constructed in good workmanlike manner; maintained in good repair; size, color, and material as approved by ARC, possibly in Architectural Control Handbook. (Article IX, Section 17)

Architectural approval

Yes, for any building, wall, fence, deck, patio, porch, solar collector, or other improvement. Plans and specifications must be submitted and approved. (Article X, Section 1)

Home business

Permitted if consistent with zoning, traffic not unreasonably increased, and approved in advance by ARC (revocable at any time) (Article IX, Section 1)

Setbacks / home size

Determined by ARC in its sole discretion, at least consistent with governmental zoning. No portion of improvement may encroach upon another Lot. (Article IX, Section 3)

Insurance

Association shall maintain such insurance coverage as it deems appropriate, at its sole discretion. (Article V, Section B)

Use restrictions

Yes. Lots shall be used only for residential purposes (including multi-family and apartments) unless ARC permits otherwise. (Article IX, Section 1)

Voting & meetings

Two classes: Class A (owners) - 1 vote per lot; Class B (Declarant) - 10 votes per lot owned. Common Areas have no votes. Multiple owners of a lot designate one voter. (Article IV, Section B)

Amendments

Within 20 years, Declarant may amend unilaterally (Art. XI.1.e); after 20 years, amendment requires instrument executed by record owners of a majority of Lots; until 20 years, Declarant consent required for any amendment. (Article XII, Section 1; Article XI, Sect)

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