Royal Ridge
  • chevron_rightIs there a direct debit option for paying my Association dues?
    Yes, you can enroll in direct debit by completing the direct debit form and returning it to the Office. When you enroll in direct debit, dues are debited from your bank account on the 5th of the month.
  • chevron_rightWhere should I mail my Association dues?
    Association dues can be mailed to: Royal Ridge HOA
                                                       2183 Royal Ridge Drive
                                                       Northbrook, IL 60062
    Additionally, there is a mail box in front of the clubhouse, as well as outside the Office. Management checks both mailboxes daily.
Ground Lease
  • chevron_rightWhat is a ground lease?

    Typically, we understand the term “real estate” to mean both a parcel of land and any building on that land.  In fact, with any real estate, title to the underlying land any buildings on the land can be legally separated.  When we purchase the “fee estate” in real estate, we are buying not only the land and the buildings, but also the right to possess and use the land and buildings, along with other important rights.
    As an alternative to purchasing the “fee estate” we may “rent” or “lease” the land and obtain similar rights of use and possession.  Under a ground lease, a landowner, in this case, a land trust for the benefit of Techny Land Corporation, NFP (an affiliate of Society of the Divine Word), as lessor, has granted the rights of possession and use of its land to the lessees, in this case the homeowners of Royal Ridge.
Model Information
Refuse Removal