Paseo Trail Parcels a, B and C

Key facts from Paseo Trail Parcels a, B and C's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned residential neighborhood of single family detached residences (Recitals B)

Legal name

Paseo Trail North Homeowners Association (Recitals E, Section 1.6)

Developer / declarant

Cresleigh Homes Arizona, Inc., an Arizona corporation (Recitals paragraph A, Section 1.14)

Governing law

Arizona Revised Statutes §33-1803 (Section 3.5, 5.3(B)(iv), 5.10)

Assessments & dues

Maximum $720.00 per Lot until December 31, 2002 (Section 5.3(B)(i))

Special assessments

May be levied for capital improvements or other purposes with assent of 2/3 of each class of members voting in person or by proxy; also may be charged to individual owner for enforcement costs (Section 5.5)

Collections & liens

Association has lien on each Lot for assessments, interest, late fees, attorney fees, etc.; may foreclose like a mortgage; lien subordinate to first mortgage; sale or transfer extinguishes prior assessment lien (Section 5.10, 5.11)

Reserves & fees

Association may establish but is not required to maintain a reserve fund for periodic maintenance, repair and replacement of Common Area improvements and other Association obligations (Section 5.15)

Pets

Reasonable number of generally recognized household pets allowed; no horses, domestic farm animals, fowl, or poisonous reptiles; commercial breeding prohibited (Section 6.26)

Leasing & rentals

Leasing of a Dwelling Unit to a Single Family permitted, subject to all provisions of the Declaration, Articles, Bylaws, Association Rules and Architectural Rules (Section 6.3)

Parking & vehicles

No mobile home, motor home, trailer, truck >3/4 ton, camper, boat, or recreational vehicle kept, placed, or parked on or adjacent to a Lot for more than 48 hours in any 7-day period, except with ARC approval (Section 6.25)

Fences

All perimeter fences must be constructed of same materials as original construction of dwelling units; accent panels or decorative trim with ARC approval; boundary fences cost shared equally between adjoining owners; Board arbitrates disput (Sections 6.8, 6.9)

Architectural approval

No Improvements or alterations that alter exterior appearance may be made without prior written approval of Architectural Committee, except construction by Declarant/Builder or as expressly provided (Section 6.4)

Solar & roof

Solar panels require prior written approval of Architectural Committee; Committee may specify size, type, and location (Section 6.12)

Home business

No part of a Lot shall be used for any business, commercial, manufacturing, mercantile, storing, vending, or any nonresidential purpose; exception for Declarant/Builder sales activities and leasing of entire Dwelling Unit to a Single Family (Section 6.3)

Signs & flags

No sign visible from neighboring property without ARC approval, except: one sign per Lot no larger than 20" x 30" advertising sale/lease/rent, signs required by legal proceedings, and traffic control/construction signs conforming to City re (Section 6.22)

Setbacks / home size

1750 square feet livable area excluding garage, porches, guest house, patios (Section 6.6)

Insurance

Association shall obtain and maintain liability insurance and other insurance as set forth in Declaration; details in Section 10 (partially excerpted) (Section 3.2(E), 10.1)

Use restrictions

All Lots shall be used, improved and devoted exclusively to residential use. Each Dwelling Unit may be occupied only by a Single Family. (Section 6.2)

Voting & meetings

Class A (all owners except Declarant/Builders): 1 vote per Lot. Class B (Declarant and Builders): For each Parcel, votes equal to maximum number of subdivided Lots x3; for each Lot, 3 votes. Class B converts to Class A when Class A votes ex (Section 4.3, 4.4)

Amendments

Amendments to the Declaration generally require vote of members; specific procedures not fully detailed in this excerpt (referenced in Section 11.16). Modification of certain restrictions by Board allowed (6.39). (Sections 11.16, 6.39)

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