The Ranches

Key facts from The Ranches's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

THE RANCHES HOMEOWNERS, INC.

Governing law

Nebraska Nonprofit Corporation Act (Article III, Section 2)

Assessments & dues

Monthly assessments: Board fixes amount; paid pro rata by Assessable Lots; Board may adjust for incomplete lots. Special assessments: require 2/3 vote of each class. (Article IV, Sections 3, 4, 6)

Special assessments

May be levied for capital improvements (including roofs, exterior walls, gutters, etc.) with consent of two-thirds (2/3) of votes of each class. (Article IV, Section 4; Article V, Sectio)

Collections & liens

Assessment is a lien on the land; personal obligation of Owner at time due; can foreclose lien via court action. Lien subordinate to first mortgages. (Article IV, Sections 1, 7, 8)

Pets

Yes, limited to non-exotic household pets, one per household, not exceeding 20 pounds; reptiles classified as exotic; no breeding for commercial purposes. (Article VIII, Section 1(b))

Parking & vehicles

Not specifically addressed; off-street parking designated for guests/visitors. (Article II, Section 2)

Fences

Fences or enclosures prohibited unless authorized in writing by the Association. (Article VIII, Section 1(a))

Architectural approval

Yes, for any building, fence, wall, structure, exterior addition/alteration, or planting of trees/shrubs/plantings; plans must be submitted to Board of Directors for written approval. (Article VI)

Maintenance

Association may assess special assessments to maintain, repair, and replace roofs. (Article V, Section 2(a))

Insurance

Borne equally by Lots that suffered the loss (original Article IX, Section 2; amendment does not contradict). (Original Article IX, Section 2 (as repla)

Voting & meetings

Class A (each Owner, one vote per Lot); Class B (Declarant only, three votes per Lot). Class B terminates when Class A total votes equal Class B or January 1, 1999. (Article III, Section 3)

Amendments

During initial 20-year term: 90% of Lot owners; after initial term: 75% of Lot owners; Declarant may amend during first 5 years. Amendments must be recorded. (Article XII, Section 3)

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