In regards to the settled lawsuit involving Ocean Ridge Plantation development company, managed by developer Mark Saunders and the community’s property owners association, a conclusion has been reached.
The Ocean Ridge developer and property owners association officially chose a mediator for their lawsuit, who assisted in positively resolving the matter. The Ocean Ridge Master Association, the name of the property owners association at Ocean Ridge Plantation, and the Ocean Ridge developer companies mutually selected Mark Hamlet as the mediator for the settled lawsuit.
Hamlet is a lawyer with Hamlet & Associates, PLLC in Wilmington, NC. Hamlet is a member of the New Hanover County and NC Bar Associations. He is also certified by the North Carolina Dispute Resolution Commission. Hamlet formed Hamlet & Associates in May 2012, and ever since, the firm has assisted parties in dispute when it comes to identifying the issues at hand and the decisions that need to be made. Hamlet helps both parties work through the decision-making process. He oversaw the mediation for the Ocean Ridge lawsuit between the Ocean Ridge developer companies and the community’s property owners association, which stemmed from the overbilling of property assessments by the Ocean Ridge Master Association.
The lawsuit began when the governing body of the Ocean Ridge property owners association changed hands and was taken over by board members who were elected by the community’s property owners.
Before the turnover in governance occurred, the Ocean Ridge developer gave hundreds of thousands of dollars to the association, which allowed it to thrive and build healthy reserves. As allowed by North Carolina law, the protective covenants call for the Ocean Ridge Developer to be exempt from property assessment fees. However, when the association was turned over to the board members this provision was overlooked and the Ocean Ridge developer was billed and paid for assessments on home sites they owned.
In order to avoid a statute of limitation defense, the Ocean Ridge development company filed the now amicably settled lawsuit in the Superior Court of Brunswick County, NC.
Visit www.oceanridge.com for more information about Ocean Ridge Plantation, a gorgeous residential beach and golf club community in Brunswick County, NC.