Pecos Ranch Estates

Key facts from Pecos Ranch Estates's documents

Community type

homeowners association as of 1997 (PAGE 1, definition of Association)

Units / lots

At least 25 (Lots 17-25 mentioned, plus others implied by 'Lots' throughout) as of 1997 (Section 3.24 and various references to L)

Developer / declarant

Jackson Properties PRE, Inc., an Arizona corporation as of 1997 (Page 1, making clause)

Governing law

Not explicitly stated; Arizona law applies based on location and corporate acknowledgment. as of 1999 (State of Arizona in notary block)

Special assessments

May be levied for construction, reconstruction, repair or replacement of Improvements on Common Area or Areas of Association Responsibility; requires assent of two-thirds of votes cast in person or by proxy at a meeting called for that purp as of 1997 (Section 6.5, PAGE 18)

Collections & liens

Assessment Lien on each Lot for unpaid assessments, interest, late charges, fines, attorneys' fees, costs; priority over later liens except taxes, first mortgages, etc.; foreclosure like realty mortgage; Association may bid at sale as of 1997 (Sections 6.1, 6.9.2-6.9.5, PAGES 16, 19-)

Reserves & fees

A fee (Reserve Fund Fee) paid by each Purchaser of a Lot immediately upon becoming Owner. Amount set by Board from time to time. Used for replacement and repair reserve account and repair/reconstruction of Improvements within Areas of Assoc as of 1999 (Section 1 (new Section 6.13))

Pets

Only dogs, cats, parakeets or similar household birds (Permitted Pets) kept as domestic pets, not commercial as of 1997 (Section 3.12, PAGE 8)

Leasing & rentals

Leasing of Residential Unit by Owner not considered trade or business; lessees have Common Area use rights as of 1997 (Section 3.11 (last sentence), Section 4.)

Parking & vehicles

Motor vehicles not exceeding 7 ft height and 18 ft length, not used for commercial purposes, no commercial display allowed without prior approval; otherwise prohibited visible from neighboring property as of 1997 (Section 3.16(iv), PAGE 9)

Fences

Boundary walls between Lots: both owners equally have right to use; any owner may construct boundary wall on their Lot without notice or consent, provided it does not (text cut off) as of 1997 (Section 7.5, PAGE 22)

Architectural approval

No Improvement shall be constructed or installed without prior written approval of Architectural Committee; exterior alterations also require approval as of 1997 (Section 3.1.1, PAGE 5)

Home business

Permitted if not detectable by sight/sound/smell from outside, conforms to zoning, no customers coming to Lot or door-to-door solicitation, consistent with residential character as of 1997 (Section 3.11, PAGE 8)

Signs & flags

No signs visible from neighboring property except: legal proceedings, residence ID signs approved by Architectural Committee, one For Sale sign approved by Architectural Committee as of 1997 (Section 3.14, PAGE 9)

Maintenance

Association responsible for Areas of Association Responsibility (Common Area, some Lot portions, unaccepted rights-of-way). Owner responsible for Lot and all Improvements except portions designated as Areas of Association Responsibility as of 1997 (Sections 7.1 and 7.2, PAGE 21)

Insurance

Not detailed; Article 8 mentions scope of coverage, certificates, premiums, proceeds, repair and replacement as of 1997 (Article 8, PAGE 5 (table of contents) an)

Use restrictions

All Residential Units shall be used exclusively for residential purposes as of 1997 (Section 3.11, PAGE 8)

Voting & meetings

Two classes: Class A (all Owners except Declarant, 1 vote per Lot); Class B (Declarant, 3 votes per Lot) until conversion as of 1997 (Section 5.7, PAGE 14)

Amendments

Section 9.3.1 requires written approval of Owners representing not less than 75% of Lots. However, Declarant owned more than 75% of Lots as of Effective Date, so Declarant alone could approve. as of 1999 (Recital C, Recital D)

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