Cortessa

Key facts from Cortessa's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (homeowners association) – owners own lots, not condominium units (Section 1.1 easement of enjoyment in Com)

Developer / declarant

Stardust Development, Inc., an Arizona corporation (Preamble (Recitals))

Governing law

Arizona nonprofit corporation law (implied, no specific statute cited) (Section 4.1: 'nonprofit Arizona corporat)

Assessments & dues

Board sets amount of Regular Assessment in its sole discretion, subject to a maximum increase limit (if any) per Section 6.13. Uniform rate per Membership except Declarant/Designated Builders who subsidize deficits instead of paying full as (Section 6.7: 'amount of any Regular Asse)

Special assessments

For capital improvements or extraordinary expenses; requires 75% of votes of Members voting in person or by proxy, plus prior written consent of Declarant if it still holds Class B membership (Section 6.3)

Collections & liens

Assessments (including interest, penalties, etc.) are a charge, continuing servitude and lien upon the Lot or Parcel. Personal obligation of the owner at time due. Lien can be foreclosed; 30 days written notice required before foreclosure o (Section 6.1: 'shall be a charge, continu)

Reserves & fees

Capital Reserve Fund established from Capital Reserve Assessments; used only for reconstruction, replacement or nonroutine maintenance of Common Area Improvements. (Section 6.4: 'Capital Reserve Assessment)

Pets

Yes, a reasonable number of generally recognized house or yard pets as established by Board. (Section 3.13: 'no animal...other than a )

Leasing & rentals

Entire Dwelling Unit may be let to a Single Family tenant from time to time (Section 3.27)

Parking & vehicles

Vehicles of Owners and Residents must be kept only in garages or driveway of Lot. Guests and invitees may park on street for max 48 hours in any 7-day period. No inoperable vehicle on street or visible from neighboring property. (Section 3.26: 'Vehicles of all Owners an)

Fences

Maximum height: side/rear fences 6 ft (except adjacent to arterial roadways: 7 ft). Must be painted cinder block or integral color cinder block. Wrought iron inserts allowed with approval. No chain link or wire fencing. All fences subject t (Section 3.22: 'no side or rear fence...m)

Architectural approval

Yes, prior written approval of Design Review Committee required for any alterations, improvements, grading, landscaping, etc. that alter Lot or exterior appearance. (Section 3.1: 'no improvements, alteratio)

Solar & roof

Solar units and panels on roof not prohibited, but subject to reasonable Board rules and prior written approval of Design Review Committee, which shall not be unreasonably withheld or delayed. (Section 3.9: 'The location and installat)

Home business

Allowed if not apparent from outside, conforms to zoning, no outside visitors, no product delivery other than once-daily package service, not a nuisance, consistent with residential character. (Section 3.12: 'Owner, Occupant or Reside)

Signs & flags

Generally prohibited except: required by legal proceedings; street address; one 'For Sale' or 'For Lease' sign per residence, max 9 sq ft, not closer than 6 ft from street; other signs approved in advance by Design Review Committee. (Section 3.8: 'No signs whatsoever...exce)

Maintenance

Owner responsible for maintenance of their Lot and improvements, except Common Areas maintained by Association. Association responsible for Common Areas and Areas of Common Responsibility. Section 10 details maintenance obligations. (Section 10.1: 'Common Areas and Areas of)

Insurance

Section 9.4 title 'Insurance' but text not provided; reference indicates Association may obtain insurance. (Section 9.4: 'Insurance' (title only))

Use restrictions

Lots and Parcels shall be used exclusively for residential use by Single Families, except for model homes and limited business activities as specified. (Section 3.12: 'Lots and Parcels shall be)

Voting & meetings

Two classes: Class A (all Memberships except Class B) with one vote per Membership; Class B (Declarant and Designated Builders) with three votes per Membership until conversion. (Section 5.3: 'Class A Memberships...enti)

Amendments

Amendments permitted as set forth in Section 14; Declarant has rights of amendment (Section 14.4) (Section 14.2, 14.4)

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