Landmark Ranch

Key facts from Landmark Ranch's documents

Reflects the 2023 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

undivided interest tenancy-in-common (Recital B: 'Walton intends to sell undiv)

Legal name

Landmark Ranch

Units / lots

Numerous lots and tracts as described in Schedule A (Parcel 2: Lots 1-19 and Tracts A-K; Parcel 3: Lots 1-137 and Tracts A-L; Parcel 4: Lots 1-119 and Tracts A-O) (Schedule A)

Developer / declarant

BTS 108, LLC

Collections & liens

Reimbursable Amount secured by a lien on each UDI Owner's interest; UDI Owner irrevocably assigns proceeds and pledges interest as collateral (Section A.3(vi) last sentence)

Voting & meetings

Affirmative vote of 60% or greater of undivided cotenancy interests actually casting votes; quorum of 30% or more of undivided cotenancy interests casting votes (Section F.13)

Amendments

Walton may unilaterally amend to satisfy government requirements or correct errors; other amendments require affirmative UDI Owners' Vote (Section F.6)

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