Ishani Ridge Subdivision

Key facts from Ishani Ridge Subdivision's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

common-interest community (Section 1.47)

Legal name

Ishani Ridge Estates Owners Association

Units / lots

Multiple lots; see Exhibits A, B, and C. The declaration covers Lots in Ishani Ridge Subdivision Phase 1 and 2; revocation indicates over 80% of Lots participated (approximately 153 lots?). (Exhibit A, B, C; Revocation Page 4 (DOC )

Developer / declarant

Pahrump 88, LLC, a Nevada limited liability company (Recitals and Section 1.18)

Governing law

Nevada Revised Statutes Chapter 116 (Section 1.8, Section 1.29, Section 3.1)

Assessments & dues

Annual Assessments are levied equally among all Owners and their Lots. Budget is prepared and approved by the Board, then assessed. (Section 1.5, Section 6.5)

Special assessments

Special Assessments may be levied for costs directly attributable to an Owner or for capital improvements, and are enforceable as assessments. Fines are also Special Assessments. (Section 1.6, Section 3.2(a), Section 3.2)

Collections & liens

The Association has a lien on the Lot for unpaid assessments. Lien may be foreclosed. Notice of Delinquent Assessment and Notice of Default required. Foreclosure proceedings follow NRS Chapter 116. Lien extinguished after 3 years if no enfo (Section 6.9-6.13)

Reserves & fees

Reserve Fund for capital improvements, replacements, painting. Must be funded to the greatest extent possible by assessments rather than special assessments. One-time capital contribution from buyers. (Section 6.2, Section 6.3, Section 10.9)

Pets

Common household pets allowed. No commercial purposes, no unreasonable numbers as determined by Board. (Section 7.18)

Leasing & rentals

Leasing is permitted subject to all requirements of Declaration and Rules and Regulations. (Section 7.20)

Parking & vehicles

Not allowed on public streets within the Project. (Section 7.17)

Fences

Fences require prior written approval of DRC. Retaining walls also require approval. No fence shall be constructed without approval. (Section 7.15, Section 7.9)

Architectural approval

Yes, Design Review Committee (DRC) approval required for any Improvement. DRC has authority to approve or disapprove plans and specifications. (Article V, Section 5.2)

Solar & roof

Exterior colors require DRC approval. If repainting to identical color, no approval needed if receipt kept (Section 5.2). (Section 5.2)

Home business

Not allowed; any business purpose is prohibited. (Section 7.1)

Signs & flags

No signs allowed without DRC approval except one sign of a size and design approved by DRC for sale or lease of Lot. Declarant signs exempt. (Section 7.2 (implied) and Section 7.6 (U)

Setbacks / home size

Approved designs range from 1,754 to 2,532 square feet, implying minimum size. (Section 5.2)

Use restrictions

Lots shall be used exclusively for residential purposes. No business, manufacturing, mercantile, storage, vending, or other non-residential purpose. Declarant may use for model homes and sales offices. (Section 7.1)

Voting & meetings

One vote per Lot owned by a Member. Fractional votes not allowed. Co-owners designate one voter. (Section 2.3)

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