Forest Ridge Est

Key facts from Forest Ridge Est's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Forest Ridge Estates Homeowners Associat)

Legal name

Forest Ridge Estates Homeowners Association

Assessments & dues

Maximum $100.00 per Lot until January after first lot conveyance; Board can set lower amount. (Article V, Section 3)

Special assessments

Allowed for capital improvements and repairs with assent of two-thirds of votes of each class meeting. (Article V, Section 4)

Collections & liens

Assessment lien subordinate to first mortgage. Sale or transfer under mortgage extinguishes future assessments. No waiver of lien by non-use of Open Space. (Article V, Sections 9, 10)

Reserves & fees

Interest at 12% per annum from due date on unpaid assessments. (Article V, Section 9)

Fences

Fences shall be designed to be architecturally consistent with dwelling and maintained. (Article VI, Section 2(p))

Architectural approval

Design and location of structures, alterations, and landscaping require approval by Board or Architectural Committee. (Article VI, Section 1)

Setbacks / home size

15-foot building setback on all sides. (Article VI, Section 2(c))

Use restrictions

All lots for residential purposes only. No more than one detached single-family dwelling per lot. (Article VI, Section 2(a))

Voting & meetings

Two classes: Class A (all Owners except Declarant) one vote per Lot; Class B (Declarant) ten votes per Lot. Class B converts to Class A when total votes of Class A equal or become less than Class B, or on June 30, 2001, whichever earlier. (Article IV, Section 2)

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