Monarch Ridge

Key facts from Monarch Ridge's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Monarch Ridge

Developer / declarant

Happy Land, LLC (Recitals and definitions, page 6)

Assessments & dues

$150 per year (Section 2.6(B), page 9)

Special assessments

Special assessments may be levied by Board per Article II (details incomplete in text) (Section 2.6(C) and Table of Contents, pa)

Collections & liens

Association may record lien for unpaid assessments; priority subject to first mortgages; foreclosure possible, and holder may collect costs and attorney fees (Section 2.6(E), page 10-11)

Reserves & fees

Reserves for deferred maintenance and additional improvements (Bylaws Article V Section 3, page 30)

Voting & meetings

Class A members (owners) one vote per Lot; Class B (Declarant) votes until conversion conditions met (Section 2.2, page 8)

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