Thorny Ridge

Key facts from Thorny Ridge's documents

Reflects the 1991 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

not a condominium; planned community with multiple neighborhoods (Article I: "This Declaration does not an)

Developer / declarant

Hamilton Proper Partners Land Partnership, L.P., an Indiana limited partnership (First paragraph: "by HAMILTON PROPER PAR)

Assessments & dues

Not fixed; set annually by Board based on budget. (Article X Section 2: "Base Assessment ..)

Special assessments

Yes, for entire membership requires majority of Class A votes and Class B Member consent; for individual Unit/Neighborhood requires Board vote after notice and hearing. (Article X Section 4(a) and 4(b))

Collections & liens

Perfected lien on Unit for unpaid assessments, prior and superior except taxes and first mortgages; may be enforced by suit, judgment, and foreclosure. (Article X Section 5)

Reserves & fees

Required: Board shall annually prepare a reserve budget including capital contribution. (Article X Section 6: "Board of Directors)

Pets

Yes, subject to regulations (Animals and Pets section). (Table of Contents: "4. Animals and Pets")

Leasing & rentals

Yes, with conditions: lease over one year may allow lessee to be considered Owner for membership. (Article I Section 24 definition of Owner)

Parking & vehicles

Regulated under Section 2 Parking and Prohibited Vehicles. (Table of Contents: "2. Parking and Prohi)

Fences

Regulated under Section 24 FENCES. (Table of Contents: "24. FENCES")

Architectural approval

Yes, for new construction and modifications. (Article XI: "New Construction Committee")

Home business

Restricted, see Section 25 Business Use. (Table of Contents: "25. Business Use" an)

Signs & flags

Regulated under Section 1 of Use Restrictions. (Table of Contents: "1. Signs")

Maintenance

Association maintains Area of Common Responsibility; Owner maintains Unit consistent with Community-Wide Standard. (Article IV Sections 1 and 2)

Insurance

Association obtains blanket all-risk property insurance on Common Area (and on Neighborhood property if requested), plus public liability ($1M/$2M limits). (Article V Section 1)

Use restrictions

Yes, Units defined as "a portion of the Properties ... intended for development, use, and occupancy as an attached or detached residence for a single family". (Article I Section 29 definition of Unit)

Voting & meetings

Two classes: Class A (all Owners except Declarant) and Class B (Declarant). Class A: one vote per Unit, exercised by Voting Member (senior elected officer of Neighborhood). Class B: appoints majority of Board during Class B Control Period. (Article III Sections 1-3)

Amendments

May be amended as per Article XIII Section 2; Article VIII Section 5 restricts amendment of Article VIII without Declarant consent while Declarant owns property. (Article XIII Section 2 and Article VIII )

Amenities

Country Clubs (golf, clubhouse, pool, tennis) are private and separate; Common Area may include recreational facilities. (Article I Section 12 (Country Clubs) and)

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