Saddlebrook (NE)

Key facts from Saddlebrook (NE)'s documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Units / lots

63 lots plus 1 outlot (Villas of Saddlebrook); 157 lots plus 8 outlots originally (Saddlebrook Lots 73-229, Outlots 5-12); later additions: 151 lots (Lots 232-382) and 45 lots (Lots 383-427) plus Outlot 16 (Page 1, Page 15, Page 16, Page 24)

Developer / declarant

SADDLEBROOK PROPERTIES, LLC

Assessments & dues

Board adopts annual budget at least 50 days before fiscal year, presents summary to owners, sets annual meeting for ratification; if rejected, prior budget continues (Article III Section 4)

Special assessments

Allowed with assent of two-thirds of votes of members voting in person or by proxy at a meeting duly called for this purpose (Article III Section 5)

Collections & liens

Continuing lien on the lot; Association may foreclose in same manner as mortgages (Article III Section 1 and Section 8)

Reserves & fees

Reasonable late fees as set by Board of Directors from time to time (Article III Section 1 (Villas))

Pets

Yes, dogs, cats, or other household pets (Article V Section 4)

Signs & flags

One sign per Lot, not more than six (6) square feet, advertising lot as 'For Sale' only; exceptions for Declarant during construction/sale (Article V Section 5)

Use restrictions

Each Lot shall be used exclusively for single-family residential purposes (Article V Section 1)

Voting & meetings

Class A: one vote per lot; Class B: three votes per lot for Declarant (Article II Section 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.