Pine Ridge dues are an annual assessment, due on the first of each year, billed per platted lot. The amount depends on the lot's neighborhood district. To find it: look up the lot's block and lot number in Addendum A–C of the deed restrictions to get the district, then read the fee for that district in section 10.03, the Annual Assessment Schedule.
We link to the association's schedule instead of quoting a figure, because the association can change the rate.
The five neighborhood districts
| Neighborhood district | Assessment factor |
|---|---|
| Country Club Estates | Base rate |
| Hollywood Park Estates | Base rate |
| Monmouth Park Estates | 1.25 × base rate |
| Arlington Park Estates | 1.5 × base rate |
| Belmont Park Estates | 2 × base rate |
Deed restrictions section 10.03. The dollar amounts for each district are in the association's schedule.
How to look up the dues for a specific lot
- Get the lot's block and lot number. It is on the deed, the survey and the Citrus County Property Appraiser record.
- Open the deed restrictions and go to Addendum A–C at the end. Find the block and lot to get the neighborhood district.
- Go to section 10.03 and read the annual fee for that district.
- For a property you are buying, ask for an estoppel letter. It states the current assessment and whether anything is owed on the lot.
Or call the association office at (352) 746-0899 with the address.
When and how dues are paid
- Dues are collected on the first of each year for the year ahead.
- Owners pay through the association's member portal, which shows invoices and past payments. The association asks owners paying past due after March 31 to contact the office.
- Unpaid assessments can carry interest and a late fee, and the association can place a lien on the lot.
- For a new owner, assessments begin the month after the closing.
What a buyer pays at closing
- No capital contribution. The association's answer to "Is there a capital improvement fee upon becoming a new owner?" is no.
- No buyer approval. The association's answer to "Is there an approval process for new buyers?" is no.
- Estoppel letter. There is a one-time fee for it, which the association says is usually paid by the seller.
Can the dues go up?
The association's board can raise or lower the base rate, by no more than 25% of the existing base rate in any one calendar year. Raising it beyond double the initial base rate takes a vote of the owners. The factors in the table above do not change. A special assessment for a capital improvement needs approval by two-thirds of the members who vote; the board can levy one without a vote for necessary maintenance, operating shortfalls or an emergency.
Two things owners ask
- Combined lots: if you combine two lots with the county, each platted lot is still assessed.
- What dues pay for: the association manages the 94-acre community complex, the equestrian facilities and trails, and enforces the deed restrictions. Its financial reports are posted on its site.