Monarch (DE)

Key facts from Monarch (DE)'s documents

Reflects the 2026 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Planned Common Interest Community (Recital D)

Units / lots

approximately 662 fee simple lots (Recital B)

Developer / declarant

SB MONARCH LLC, a Delaware limited liability company (Opening paragraph)

Governing law

Delaware Uniform Common Interest Ownership Act (DUCIOA), 25 Del. C. §81-223 (Recital D)

Assessments & dues

Set by budget; no fixed amount stated (Section 4.03)

Special assessments

Approved by majority of Board and ratified by Members; emergency special assessment by unanimous Board vote effective immediately (Section 4.04(a))

Collections & liens

Perfected consensual continuing lien; foreclosure allowed; lien subordinate to first mortgages for aggregate of 6 months assessments if proper notice recorded (Sections 4.01(b), 4.06(e), 4.07)

Reserves & fees

Repair and Replacement Reserve Account; initial contribution $500 per lot; annual budget contribution (Section 4.10)

Architectural approval

45 days for ARC response; deemed approval after further notice and 10 days if no response; Declarant may veto within 15 days during control (Section 7.07(b)-(c))

Signs & flags

Association authorized to regulate display of American flags and political signs (Section 7.01)

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