Forest Ridge

Key facts from Forest Ridge's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title throughout (e.g., PAGE 1: "FOREST )

Legal name

FOREST RIDGE TOWNHOMES OWNERS’ ASSOCIATION (Article 2 (PAGE 8))

Developer / declarant

Brett Homes Company (as OMES COMPANY, STEPHEN G. BRETT, President) (Section 1.1 (PAGE 7) and signature page )

Governing law

Washington State Condominium Act, RCW 64.34 et. seq. (Section 1.3: "Statutory Definitions" (PA)

Assessments & dues

Monthly assessments for common expenses are divided equally from the budget (Section 19.3 (PAGE 26))

Special assessments

Board may levy special assessments if budget inadequate; added to monthly installments (Section 19.4 (PAGE 26))

Collections & liens

Association has lien for unpaid assessments, interest, costs, fees; lien may be foreclosed by suit (Sections 20.1 and 20.2 (PAGE 27-28))

Reserves & fees

Budget includes amounts for accumulation of reserves for maintenance, repair, replacement (Section 19.2 (PAGE 25))

Leasing & rentals

Yes, subject to Declaration and Association rules; lease must contain compliance provisions; copy of lease delivered to Association (Section 12.2 (PAGE 13-14))

Signs & flags

Only signs approved by Board; provision does not apply to Declarant who may post sale signs (Section 12.7 (PAGE 15))

Maintenance

Association: Common Elements and Limited Common Elements (except as otherwise stated). Owner: water heater, appliances, glass, exterior doors, garage door, deck/patio; cleaning and orderliness of Limited Common Elements; not to alter interi (Section 12.3 (PAGE 13-14))

Insurance

Each Owner to obtain personal liability and property insurance for the contents of the Unit (Section 24.6 (PAGE 32))

Use restrictions

Units to be used for residential purposes only; timesharing not allowed (Section 12.1 (PAGE 12))

Voting & meetings

Each Unit has one vote (percentage interest, Schedule B); joint owners must cast single vote or lose vote (Section 15.7 (PAGE 17) and Schedule B (P)

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