El Tesoro

Key facts from El Tesoro's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

El Tesoro Homeowners Association, an Arizona nonprofit corporation (Section 1.9)

Developer / declarant

Blau Plunkt, LLC, an Arizona limited liability company (Preamble, Article 1.16)

Governing law

Arizona Revised Statutes (references to A.R.S. § 33-741 et seq., A.R.S. § 33-801 et seq.) (Section 1.28)

Assessments & dues

Maximum $1,200 until January 1 following first Lot conveyance to a Purchaser; thereafter may be increased by up to 10% per year without a vote of Members. (Section 6.2.3)

Special assessments

Requires assent of two-thirds (2/3) of Members in each Class of Membership voting in person or by proxy at a meeting. (Section 6.3)

Collections & liens

Assessment Lien on each Lot for all assessments, interest, fees, fines, attorneys' fees, etc. Priority: subordinate to tax liens and first mortgage. Foreclosure by action similar to realty mortgage; Association may bid at sale. (Sections 6.7.2, 6.7.3, 6.7.5)

Reserves & fees

Replacement and maintenance reserves are included in Common Expenses (referenced but not mandated annually; Board may establish reserves). (Section 6.2.1)

Pets

Yes, generally recognized house or yard pets, kept as domestic pets, not for commercial purposes. (Section 4.2)

Leasing & rentals

Yes, but agreement must be in writing and expressly subject to Project Documents. Owner to notify Association. Owner remains liable. (Section 4.30)

Parking & vehicles

Vehicles of owners, residents, etc. to be kept in garages or designated parking areas approved by Declarant or Board. (Section 4.22)

Fences

Party walls: between two Lots; each Owner has right to use; if damaged, responsible Owner pays; joint expense for wear and tear; disputes to Board. Perimeter walls: constructed per Design Guidelines; maintained by Association, but Owner pai (Sections 4.16, 4.17)

Architectural approval

Prior written approval of Architectural Committee required for any improvement (temporary or permanent), alteration, excavation, grading, lighting, landscaping, or change in exterior appearance. No deviations from approved plans without app (Section 4.1)

Solar & roof

Solar energy devices must be approved by the Architectural Committee prior to installation. (Section 4.13 (last sentence))

Home business

Allowed only if (i) not apparent from outside, (ii) conforms to zoning, (iii) no door-to-door solicitation, (iv) consistent with residential character and not a nuisance. (Section 4.10)

Signs & flags

No signs visible from Neighboring Property except: signs required by legal proceedings; up to two identification signs each ≤72 sq in; other approved signs (e.g., for sale, security, construction) in compliance with Maricopa County and/or C (Section 4.14)

Setbacks / home size

Minimum setbacks comply with applicable City of Mesa Zoning and Building Codes. Lots 4, 5, and 6 further restricted to maximum building height of 25 feet from finish floor elevation. (Section 4.31)

Insurance

Required: (i) comprehensive general liability insurance ≥ $1,000,000; (ii) property insurance on Common Area at 100% replacement cost; (iii) workers' compensation; (iv) directors and officers liability insurance with A.M. Best rating ≥ A; ( (Section 8.1)

Use restrictions

All Lots and Residential Units shall be used exclusively for residential purposes by a Single Family. (Section 4.10)

Voting & meetings

Two classes: Class A (Owners, 1 vote per Lot), Class B (Declarant, 3 votes per Lot). Class B ceases on earliest of: (i) 60 days after Class A votes ≥ Class B votes, (ii) 7 years after recording of Declaration, (iii) Declarant relinquishing (Section 5.8)

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