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Ocean Ridge Plantation Developer Mark Saunders Lawsuit and Golf Course Rankings

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More great news from Ocean Ridge Plantation developer Mark Saunders. Golfweek’s 2018 ranking of the Best Public Courses in each state was released this week and two Ocean Ridge courses were featured on the list for North Carolina. Leopard’s Chase came in at the #10 spot and Tiger’s Eye at #14. They were two of only three courses that made the list in our region.

In addition, the Ocean Ridge developer and the property owner association reached an amicable settlement resolving litigation.

Mark Saunders, manager of the Ocean Ridge® development companies, and the Ocean Ridge Master Association, the property owners’ association for the Ocean Ridge Community, announced that they have reached an amicable settlement to resolve the litigation between them pertaining to past assessments.

The issue began in 2010, when the governance of the association was turned over to board members elected by the property owners. The community’s protective covenants called for the developer to be exempt from assessments and its funding obligations ended at the time of turnover. Unfortunately, the exemption provision was apparently overlooked, and the developer paid assessments on exempt home sites for several years until the error was discovered. “We’re confident that the payment of assessments for exempt home sites was an innocent mistake – most likely a simple carryover from prior years. We are pleased that the lawsuit is resolved and extend our gratitude to the association’s board of directors for working with us to settle the issue amicably,” said Saunders. The lawsuit was filed in Superior Court of Brunswick County, NC, last year (16 CVS 2340).

While the terms of the settlement, including the total sum paid, are confidential, the association did refund a portion of the assessments, and contributions also were received from insurance companies who were representing the parties involved. The association’s current and future budgets account for the developer’s recognized dues-exempt status.

“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 a residential beach and golf club community in coastal North Carolina featuring exquisitely designed homes, four championship golf courses and world-class amenities. The moderate North Carolina coastal climate and abundance of coastal activities, including an oceanfront beach club, contribute to Ocean Ridge being a perennial award-winning community. Visit www.oceanridge.com for more information.

Mark Saunders – Developer of Ocean Ridge Plantation Celebrates 33 Years in Brunswick County, North Carolina

The Coastal Companies anchor has been in place for 33 years, centered between Wilmington and Myrtle Beach in beautiful Brunswick County, North Carolina.

Founded by Mark Saunders, the organization is committed to excellence and has expanded over the years to include distinguished home design and construction, full-service real estate brokerage, vacation rentals, championship golf course ownership, mortgage brokerage, timber management, and the design and development of award-winning residential communities, all of which contribute to our area’s unprecedented growth. Since 1985 The Coastal Companies managed by Mark Saunders developer has created good jobs, large tax revenues, and quality places to live.

As one of the largest employers in Brunswick County, North Carolina, our responsibility to the community is taken very seriously, and our properties support the growth and development of the area by being among the largest contributors to the county’s tax base. “Organizationally and individually, we support a wide variety of charitable efforts, serve in community leadership positions, and are good stewards of our coastal natural resources as we build wonderful places to live and play”, said Mark Saunders.

Ocean Ridge Plantation is a beautiful, Sunset Beach, North Carolina residential golf and beach community managed by Mark Saunders of Coastal Communities at Ocean Ridge Plantation. Ocean Ridge offers exquisitely designed homes, award-winning golf courses, and an ever-expanding list of world-class amenities. The elegant country club lifestyle at the Ocean Ridge development includes a private oceanfront beach club, miles of walking and biking trails, fitness center, grand golf clubhouses and four championship Big Cats golf courses.

Saunders added, “Our resolve to create outstanding places to live and play is unwavering and we’re working harder than ever to keep our focus on what we do best – serving our valued customers.”