Broad Axe Ranch

Key facts from Broad Axe Ranch's documents

Reflects the 2024 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (General scheme for development, private )

Developer / declarant

Broad Axe Holdings, LLC (Article I Section 5, page 2)

Assessments & dues

Set by Board at annual meeting, uniform per Tract (Article V Section 3, page 6)

Special assessments

Allowed with 75% member approval, uniform rate, quarterly collection, used for capital improvements or beautification (Article V Section 4, page 6)

Collections & liens

Lien attaches upon recording Notice of Assessment Lien; 90 days notice before foreclosure; lien subordinate to prior mortgages; foreclosure allowed (Article V Section 7b, page 7)

Reserves & fees

Up to $100 per delinquent assessment (Article V Section 7a, page 6)

Pets

Dogs, cats, usual household pets allowed, not for commercial purposes, not so numerous as to disturb (Article III Section 7, page 4)

Fences

Perimeter fencing: only smooth or barbed wire, horse or split rail; other styles require Board approval, cannot affect open views; privacy fences allowed up to 5% of Tract (Article III Section 6, page 4)

Use restrictions

Each Tract shall be improved, used, and occupied only for private residential purposes (Article III Section 1, page 3)

Voting & meetings

Two classes: Class A (each Owner one vote per Tract) and Class B (Declarant three votes per Tract owned until 75% of Tracts conveyed) (Article IV Sections 1-2, page 5)

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