Red Rocks Ranch

Key facts from Red Rocks Ranch's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community (Section 2.1)

Legal name

Red Rocks Ranch Community Association, Inc. (Section 1.1(b))

Units / lots

1,500 maximum (Section 2.3)

Developer / declarant

Lennar Colorado, LLC, a Colorado limited liability company (Opening paragraph)

Governing law

Colorado Common Interest Ownership Act, C.R.S. § 38-33.3-101, et seq. (Section 1.1(c))

Special assessments

Board may levy Special Assessment without owner vote for unbudgeted or excess expenses (Section 4.4)

Collections & liens

Statutory lien; may foreclose like mortgage on real property; lien superior to homestead exemptions (Sections 4.10, 4.11(f))

Reserves & fees

New Member Fee equal to greater of $500 or 6 months of annual Assessment per Lot (Section 4.6(b))

Architectural approval

Architectural Review Committee appointed pursuant to Design Declaration; approval required for improvements (Sections 1.3(e), 5.1)

Voting & meetings

One vote per Lot; Owner must be in Good Standing to vote (Section 2.8)

Amendments

Declarant may amend unilaterally until termination of Period of Declarant Control; thereafter requires Owner vote (67%? as per Section 12.4) and Declarant consent for certain matters (Sections 12.2, 12.3, 12.4)

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