Carrillo Ranch HOA

What Carrillo Ranch HOA's governing documents say

Carrillo Ranch is a single-family home subdivision in El Mirage, AZ, governed by a homeowners' association (HOA). These bylaws explain how the HOA is organized, how assessments are set, and the financial obligations of every lot owner. They apply to all present and future owners, tenants, and anyone using the community's facilities.

• Financial obligations (assessments & fees): Each lot pays a pro-rata share of the annual budget. Assessments are due monthly (changed from quarterly by a 2005 amendment). The Board can also levy special assessments if approved by two-thirds of each membership class voting. Owners must pay regardless of whether they use their lot or common areas.
• Delinquency & penalties: Assessments unpaid 15 days after due are delinquent. The Board may charge interest at 12% per year (or the FHA/VA rate, whichever is higher), a late charge for payments 5+ days overdue, suspend voting rights and recreational facility use during delinquency, and file a lien or sue for collection. Prevailing party in a lawsuit recovers attorney's fees.
• Board of Directors: The Board has 5 members (except an initial 3-member board). Directors serve staggered three-year terms and must be lot owners (or representatives of entity owners). A director can be removed with or without cause by two-thirds of votes cast at a member meeting. The Board has broad powers to make assessments, enforce rules, maintain common areas, and hire managers.
• Meetings & voting by members: An annual meeting is held each January. Special meetings can be called by the President, the Board, or by members holding one-fourth of Class A votes. Quorum for a first meeting is 30% of all votes of each class (amended down from 60% in 1996). If quorum is not met, a later meeting requires half that threshold. Cumulative voting is allowed: each Class A member casts votes equal to the number of lots they own times the number of directors to be elected; Class B (declarant) gets triple that.
• Amendments & governing hierarchy: Bylaws can be amended by the Board, but the Federal Housing Administration (FHA) and Veterans Administration (VA) have veto power while a Class B membership exists. Any amendment affecting owners' percentage interests requires prior written approval from all first mortgage holders. If there is a conflict, the Declaration of CCRs controls over the Bylaws, and the Articles of Incorporation over the Bylaws.
• What this document doesn't cover: These bylaws focus on HOA governance and finances. Use restrictions (e.g., pets, parking, leasing, architectural standards) are not included here; they are likely found in the Declaration of Covenants, Conditions & Restrictions (CC&Rs) or separate rules. Buyers and renters should review those documents for day-to-day living requirements.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.