An Ocean Ridge lawsuit has reached an amicable settlement to resolve the litigation between the Ocean Ridge Master Association and the Ocean Ridge developer, Mark Saunders. The Ocean Ridge lawsuit dealt with overpaid assessments by the developer. When the Ocean Ridge Master Association’s, which is the property owners’ association for Ocean Ridge Plantation, governance was turned over to property owner elected board members the lawsuit began to develop.
The Ocean Ridge protective covenants called for the developer to be exempt from property assessments at the time of turnover, but the exemption provision was overlooked, and companies managed by Saunders were still billed and continued paying for assessments on their home sites.
A mediation facilitated by a certified mediator took place and both parties resolved the matter.
“We have always had a cordial and productive working relationship with the association members, who are an important reason that Ocean Ridge Plantation® has thrived,” Saunders said, “and, while the lawsuit was unfortunate, it is good to get the issue resolved. We look forward to continuing to work with the association’s board of directors.”
Ocean Ridge Plantation is one of the most impressive residential beach and golf club communities in southeastern North Carolina. As an entity of The Coastal Companies, Ocean Ridge Plantation offers a coastal lifestyle experience that is second-to-none.
Featuring four championship-level golf courses, unique home designs, and top-notch amenities, it’s no wonder people love living in Ocean Ridge Plantation. Its year-round coastal climate and oceanfront beach club are a few more of the many reasons why Ocean Ridge Plantation is an award-winning community each year.
Every day is a vacation at Ocean Ridge Plantation. Conveniently located just minutes from Sunset Beach, Ocean Ridge Plantation is known as one of the highest-quality and most affordable residential communities in southeastern North Carolina.
Whether it’s golf, warm weather, or southern hospitality, you’ll find it all at Ocean Ridge Plantation. You can be on your way to beautiful beaches, fine dining, and championship golf by booking your very own three-day, two-night stay at Ocean Ridge Plantation. This desirable getaway will certainly deliver the perfect coastal lifestyle you’ve been hoping to experience.
You can call 800-556-6570 or visit www.oceanridge.com to book your trip and make your reservation today. Also feel free to give Ocean Ridge Plantation a call or visit their website if you have any questions or would like to learn more about the many amenities and the coastal lifestyle they offer.