Thunder Ridge Airpark

Key facts from Thunder Ridge Airpark's documents

Community type

Planned development with common areas; airpark HOA (Recital B: 'planned development')

Legal name

Thunder Ridge Airpark Homeowners Association, Inc. (Recital B and Article I definition of As)

Developer / declarant

Thunder Ridge Airpark (corporation to be formed) (Recital C: 'Declarant has... caused or w)

Assessments & dues

Board of Trustees sets annual assessments; same and equal rate for each lot (Article V Sections 3 and 7)

Special assessments

May be levied for expenses not covered by annual assessments or for construction/reconstruction; requires assent of more than 50% of votes present at meeting; notice 10-30 days (Article V Section 4)

Collections & liens

Assessment is a continuing lien on the lot, subordinate to first mortgage; Association may bring action to foreclose lien; personal obligation of owner at time assessment falls due (Article V Sections 1 and 9)

Reserves & fees

Association shall establish adequate reserve for major repairs and replacements, funded by regular annual or other periodic assessments (Article IX Section 5)

Pets

Yes: dogs, cats, and other household pets may be kept on fenced lots. No horses or livestock. Cattle, sheep, pigs, goats not considered pets. (Article VII Sections 10 and 10.1)

Leasing & rentals

Yes, with minimum 90-day rental term (Article VII Section 14: 'Rental of prope)

Parking & vehicles

No motor vehicle may be parked on common streets or driveways; must be kept in parking area. Mobile homes, trailers, campers, boats, trucks >3/4 ton flatbed, aircraft, and inoperable vehicles prohibited on lots unless in garage/hangar/scree (Article VII Section 9)

Fences

Fencing and walls must be approved by Architectural Committee prior to construction (Article VII Section 4)

Architectural approval

Yes, for all exterior improvements, landscaping, fences, etc. (Article VIII Section 1: 'No disturbance )

Signs & flags

For sale or rent signs: no more than two; not within 150 ft setback from centerline of runway; size no larger than 36" x 24" (Article VII Section 6)

Setbacks / home size

Minimum 2,000 sq ft finished interior area exclusive of garage, patio, balcony, deck, etc.; garage minimum 400 sq ft (Article VII Section 3)

Maintenance

Owner maintains lot and exterior of living unit; Association maintains Common Areas (roads). If owner fails, Association may maintain and charge owner. (Article VI Sections 1 and 2)

Use restrictions

All lots improved with Living Units and restricted to residential use; no timeshare (Article VII Section 2: 'All Lots are to )

Voting & meetings

Each owner has one vote; two votes if owner resides at the airpark. Multiple ownership of a lot: one vote per lot exercised as owners determine among themselves. (Article III: 'Each member/lot owner or o)

Amendments

Requires affirmative vote of at least 2/3 of membership votes cast at meeting; notice 10-30 days; quorum 60% first meeting, then half; recordation of instrument (Article IX Section 3)

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