Fairfields River Estates

Key facts from Fairfields River Estates's documents

Community type

HOA (River Estates Homeowners Association, a non-profit corporation) (Section 1.5; Section 2.1)

Units / lots

40 lots (Lots 1 through 40) plus Common Areas 'A' and 'B' (Preamble; Section 1.23; Section 1.24)

Governing law

Arizona law (non-profit corporation organized under the laws of the State of Arizona) (Section 2.1)

Assessments & dues

Board prepares budget at least 30 days before fiscal year, sets Regular Assessment amount; written notice to each Owner (Section 7.3)

Special assessments

Board may levy Special Assessment for capital improvements or extraordinary expenses; after Class B period, if amount >= 30% of total annual assessments, requires affirmative vote of at least 75% of Members present at meeting with quorum (Section 7.4)

Collections & liens

Assessments are a continuing lien on the Lot; may be foreclosed like a mortgage; Notice of Assessment Lien recorded with Pima County Recorder; lien subordinate to first mortgage/deed of trust and tax liens (Section 7.2; Section 7.8; Section 7.9; S)

Reserves & fees

Association may collect and maintain reserves as deemed reasonably necessary for maintenance, repair, and unforeseen contingencies (Section 5.1(J))

Pets

Animals permitted subject to restrictions (Section 10.5) (Table of Contents; Section 10.5)

Leasing & rentals

Rental of Dwelling Unit permitted; Owner may delegate use rights to tenants; tenant must notify Association in writing of names of persons using Common Areas (Section 3.2; Section 10.11)

Parking & vehicles

Parking restrictions (Section 10.12) (Table of Contents; Section 10.12)

Fences

Walls, fences and hedges subject to restrictions (Section 10.27) (Table of Contents; Section 10.27)

Architectural approval

No Improvements, alterations, repairs, Excavations, grading, landscaping or other changes altering exterior appearance without prior written approval of Architectural Control Committee (Section 4.2)

Solar & roof

Solar devices subject to restrictions (Section 10.10) (Table of Contents; Section 10.10)

Home business

No business use permitted (Section 10.15) (Table of Contents; Section 10.15)

Signs & flags

Signs, billboards, etc. restricted (Section 10.8) (Table of Contents; Section 10.8)

Maintenance

Association responsible for Common Area maintenance; Owner responsible for Dwelling Unit and Lot maintenance (Section 5.1; Section 6.1)

Insurance

Association obtains comprehensive public liability policy (at least $1,000,000 combined) and full replacement cost and extended coverage insurance on Common Areas (Section 9.1)

Use restrictions

Dwelling Unit intended for use and occupancy as a single-family residence (Section 1.15)

Voting & meetings

Class A Members (all Owners except Declarant) have one vote per Lot; Class B Member (Declarant) has one vote per Lot owned, entitled to seven (7) votes per Lot; Class B membership converts to Class A when Class A votes exceed Class B votes (Section 2.3)

Amendments

Not fully specified in extracted text; Declaration may be amended (Section 13.6) (Table of Contents; Section 13.6)

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