Jug Mountain Ranch 1 Stage

Key facts from Jug Mountain Ranch 1 Stage's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Aspen Ridge

Units / lots

244 residential units (Section 1.1: up to 244 residential units)

Developer / declarant

Aspen Ridge, J.V. a joint venture between FMW, LLC and WNLW, Inc. (Opening paragraph: by Aspen Ridge, J.V. )

Special assessments

Allowed for capital improvements, replacements, equipment, or shortages in Regular Assessments (Section 8.4.1: Special Assessments autho)

Collections & liens

Assessments constitute a lien on the property; can be foreclosed (Section 9.1, 9.2, 9.3: Right to enforce;)

Reserves & fees

Master Association shall establish and fund a reserve account for repair, replacement, maintenance, improvement of Common Area (Section 5.6.2.2: Establish and fund a re)

Pets

Domesticated dogs, cats, and other household pets allowed if not a nuisance and in compliance with city laws (Section 4.9: 'this paragraph is not inte)

Leasing & rentals

Owner may lease Building Lot subject to conditions: written lease, subject to Project Documents, Owner liable for tenant violations (Section 4.20: 'The Owner of a Building L)

Home business

Not prohibited outright but must not be offensive or detrimental; 'No business or home occupation... shall be permitted to exist or operate upon any portion of the Property so as to be offensive or detrimental' (Section 4.4)

Use restrictions

All Building Lots shall be used exclusively for residential purposes. (Section 4.1: 'All Building Lots shall be)

Voting & meetings

Class A (non-developer owners): one vote per Building Lot. Class B (Grantor): 660 votes minus 5 per lot sold to others. (Section 5.3.1, 5.3.2)

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