Magic Ranch

Key facts from Magic Ranch's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) – single-family residential planned community (Sections 1.7, 1.12, 8.1.1)

Governing law

Arizona Revised Statutes (references A.R.S. §§ 33-1803, 33-1806) (Sections 3.1.3, 6.13)

Assessments & dues

Set by Board; not to exceed Maximum Annual Assessment (defined in Section 6.3). Prior to FY ending 12/31/2022, amount established by Board. (Sections 6.2, 6.3.1)

Special assessments

May be levied for capital improvements; requires approval by at least two-thirds (2/3) of votes of each class present at a meeting. (Section 6.4)

Collections & liens

Association has a lien on each Lot for assessments; lien subordinated to first mortgage. Lien may be foreclosed like a realty mortgage. Recording of Declaration constitutes notice and perfection. (Sections 6.1, 6.10.2, 6.11)

Reserves & fees

Reserve Fund Contribution equal to one-third (1/3) of Annual Assessment collected at purchase or First Occupancy; used for repairs, replacement, capital improvements. (Section 6.9)

Pets

Section 8.1.14 'Animals' exists in Table of Contents; text not provided. (Table of Contents)

Leasing & rentals

Yes (Section 8.1.2 states leasing is not considered a trade or business). Section 8.1.29 'Leases and Non-Owner Occupants' exists but text not provided. (Sections 8.1.2, Table of Contents)

Parking & vehicles

Section 8.1.16 'Trailers, Boats, Aircraft, and Motor Vehicles' exists in Table of Contents; text not provided. (Table of Contents)

Fences

Section 8.1.21 'Party Walls and/or Fences' exists; text not provided. Also Section 1.34 defines Party Walls and/or Fences. (Table of Contents, Section 1.34)

Architectural approval

Yes, for all structures requiring Architectural Committee approval (e.g., Detached Structures, anything Visible from Neighboring Property). Declarants and Homebuilders exempt. (Sections 1.17, 8.1.1, 7.2, 7.8)

Home business

Permitted with restrictions: not apparent from outside, legal, no clients coming to Lot, conducted only inside Dwelling Unit by Resident, max 20% floor area, no storage for outside business, no hazardous materials, no large vehicles not cus (Section 8.1.2)

Signs & flags

Not explicitly in provided text (Table of Contents does not reference signs).

Maintenance

Not explicitly stated; likely Owner responsibility as part of Dwelling Unit. (Section 3.7)

Insurance

Each Owner shall maintain liability insurance in amounts commonly obtained for similar properties in Pinal County. (Section 3.6.1)

Use restrictions

All Lots shall be used exclusively for single-family residential use. No gainful occupation or trade except as provided in 8.1.2. (Section 8.1.1)

Voting & meetings

Two classes: Class A – Owners (one vote per Lot); Class B – Declarants (three votes per Lot until Transition Date) (Sections 5.2.1, 5.2.2)

Amendments

Referenced in Sections 10.5, 10.18; text not provided. Section 10.18 requires Declarant consent for amendments affecting Declarant rights. (Table of Contents, Sections 10.5, 10.18)

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