Mision Royale

Key facts from Mision Royale's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Master Planned Community (Mission Royale) (Title and Background A: 'Mission Royale )

Developer / declarant

Hancock MTH Communities, Inc., an Arizona corporation, and Hancock-MTH Builders, Inc., an Arizona corporation (collectively 'Declarant') (Opening paragraph of Declaration)

Governing law

Arizona Revised Statutes (references to A.R.S. §§ 33-801, 33-741, 41-1491.04, and 42 U.S.C. § 3607(b)(2)) (Sections 1.05, 1.43, 1.64)

Collections & liens

Assessment Lien created; foreclosure may not proceed until 20 days written notice; lien subordinate to first mortgages. (Sections 4.01, 4.08, 4.10)

Reserves & fees

Budget must provide for contingency reserve and replacement reserve. (Section 4.03)

Voting & meetings

Two classes: Class A – 1 vote per Living Unit owned (by Owners); Class B (Declarant) – 3 votes per unit owned, until conversion (Section 3.02)

Amendments

Set forth in Section 10.06 (content not fully provided; mentions in Table of Contents). (Table of Contents: 'Section 10.06 Amendm)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.