Changes to Policy and Guidelines (P&G) can be found here. These are periodically removed from this page to allow for new information. You can find the most current P&G under Document Center, Owner Documents. The front office also keeps the most current P&G copies for you pick up whenever convenient.
e) Good Standing –
In addition to a Unit
Owner being in financial arrears, if a Unit Owner conducts themselves in a manner that results in their receiving a
Letter of Suspension from the Board of Directors, their “Good Standing” status shall
be revoked effective with the date of the Letter of suspension.
For dues/assessments,
when an Owner brings their account current, they will regain their “Good
Standing” status immediately. However, if an Owner’s “Good Standing”
is revoked by the Board pursuant to a Letter of Suspension due to conduct, the period of suspension from Good Standing will be
determined by the Board at the time of issuing the suspension order. This applies to all Owners listed on the
R-Ranch Property Deed.
In addition, said Owner(s)
would not be eligible to serve on any of the Standing Committees, to vote in
elections or on any other Ranch matters, or serve on the Board of Directors for
a minimum of 12 months from the date of the letter of suspension.
Said Owner would be
allowed to apply to the Board for reinstatement of their “Good Standing” status
during an Executive Session of the Board following the termination of the
period of suspension determined by the Board.