Ballantrae

Key facts from Ballantrae's documents

Community type

Sub-association within master-planned community (Background (page 2): 'intended to establ)

Legal name

Ballantrae

Developer / declarant

Stonebridge Ranch Development Corporation (Page 1: 'Stonebridge Ranch Development C)

Assessments & dues

Maximum Base Assessment for 1995: $100 per month per Lot; subsequent years increase by greater of 10% or CPI (Section 11.3(b))

Special assessments

Levy for unbudgeted expenses; if combined with Base Assessment exceeds limitation, requires 51% Class A vote and Class B consent (Section 11.5)

Reserves & fees

Reasonable late charges (Section 11.1: 'reasonable late charges')

Leasing & rentals

Yes (Owner may permit occupancy via lease and delegate recreational rights) (Section 4.3 (occupants of Unit) and Arti)

Architectural approval

Yes, per Master Declaration and Subdivision Design Guidelines (Section 12.1: 'no structure ... shall ta)

Maintenance

Owner (part of Lot improvements) (Section 6.2: 'Owner shall be responsible)

Insurance

Reasonable deductible; treated as Common Expense unless caused by owner negligence/willful conduct, then specific assessment to owner (Section 7.2: 'deductible shall be treate)

Use restrictions

Single family residential use (Section 1.16: 'development, use, and occ)

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