Waterston

Key facts from Waterston's documents

Reflects the 2019 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned community of Single-Family residential homes (WHEREAS: "Declarant desires to develop t)

Developer / declarant

Maracay 91, L.L.C. (First paragraph)

Governing law

Arizona Revised Statutes (A.R.S.) (Section 4.3(c) (A.R.S. § 33-1803); Secti)

Assessments & dues

Set annually by Board; initial amount established per Arizona law; must be prorated at close of escrow. (Section 4.3(a) and (b))

Special assessments

Allowed for capital improvements or any lawful Association purpose, for that fiscal year only. (Section 4.9)

Collections & liens

Association has a lien on each Lot for unpaid Assessments and other amounts, subject to A.R.S. § 33-1807. Superior to all liens except taxes and first mortgages. Foreclosure permitted. Association may bid and acquire Lot. (Section 4.11)

Reserves & fees

Reserve Account maintained; funded from Assessments and other revenue; Board determines adequate amount; reserve studies advisory. (Section 4.3(d) and Section 4.8)

Pets

Reasonable number of generally recognized house or yard pets allowed; not for commercial purposes. (Section 5.5)

Leasing & rentals

Leasing of entire Dwelling Unit by Owner is not considered a trade or business and is implicitly allowed. (Section 5.4: "The leasing of an entire D)

Parking & vehicles

No vehicle may be parked so as to be Visible From Neighboring Property except in garages or behind RV gates; vehicles on driveway must not encroach sidewalk. Street parking of motor homes/campers/boats prohibited. (Section 5.9)

Fences

Clotheslines, woodpiles, storage areas, machinery, equipment prohibited upon any Lot except in rear yard and unless not Visible From Neighboring Property. (Section 5.18)

Architectural approval

No Improvement Visible From Neighboring Property shall be constructed or installed without prior written approval of Architectural Committee. (Section 3.4(a))

Home business

Allowed within Dwelling Unit if not detectable by sight/sound/smell, conforms to zoning, no customer traffic, no solicitation, consistent with residential character. (Section 5.4)

Signs & flags

Declarant allowed to maintain reasonable signs for sale/lease; Owner signs not addressed in provided text. (Section 2.2(c))

Maintenance

Association responsible for Areas of Association Responsibility (Common Areas, certain land/improvements). Owners responsible for their Lots and Dwelling Units. (Section 1.5 (definition) and Article 4)

Use restrictions

All Lots and Dwelling Units shall be used exclusively for Single Family Residential Use. No gainful occupation or trade except home business meeting conditions. (Section 5.4)

Voting & meetings

Class A Members: 1 vote per Lot; Class B Member (Declarant): 3 votes per Lot. Joint Owners must vote as a unit. (Section 3.7, 3.8)

Amendments

Not fully detailed in provided text; reference to Declaration of Annexation and Article 13. (Sections 1.18, 1.19; Article 13 not prov)

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