Rancho Viejo

Key facts from Rancho Viejo's documents

Community type

Covenant / Planned Community

Legal name

Rancho Viejo

Developer / declarant

Rancho Viejo Corporation (Signature block and recitals)

Collections & liens

Association may recover interest, costs, and reasonable attorneys' fees upon nonpayment of assessments (Amendment Section 8)

Reserves & fees

Reserves for maintenance, repair and replacement of Common Area elements is a material provision requiring mortgagee consent if added or amended (Article VII, Section 1(b)(3))

Leasing & rentals

Leasing of Lots or dwellings is a material provision requiring mortgagee consent if added or amended (Article VII, Section 1(b)(10))

Maintenance

Responsibility for maintenance and repair of any portion of Properties is a material provision requiring mortgagee consent if added or amended (Article VII, Section 1(b)(4))

Voting & meetings

Certain actions require approval of 67% of each class of Members and 67% of First Mortgagees (one vote per First Mortgage owned) (Article VII, Section 1(a))

Amendments

Amendments may be certified by Secretary's certificate with notarized written consents from Owners and First Mortgagees (Article VIII, Section 3(d))

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