Arbor Ridge (NE)

Key facts from Arbor Ridge (NE)'s documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhouse owners association (Arbor Ridge Townhomes Owners Association) (Article I Section 1, PAGE 1)

Legal name

Arbor Ridge Townhomes Owners Association, Inc.

Units / lots

160 (for overall Arbor Ridge subdivision, Lots 1-160) (Preliminary Statement of general declara)

Developer / declarant

Gottsch Land Co., A Nebraska Corporation

Governing law

Nebraska Nonprofit Corporation Act (for proxies) (Article III Section 2, PAGE 4)

Assessments & dues

Not fixed; set by Board of Directors from time to time. (Article IV Section 3 and Section 6, PAGE)

Special assessments

Leviable for capital improvements with consent of two-thirds (2/3) of votes of each class. (Article IV Section 4, PAGE 5-6)

Voting & meetings

Class A (owners of lots other than Declarant) one vote per lot; Class B (Declarant) four votes per lot; Class B converts to Class A on January 1, 2001 or when Class A votes equal Class B. (Article III Section 3, PAGE 4-5)

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