Palm Valley Crossing

Key facts from Palm Valley Crossing's documents

Reflects the 1995 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Palm Valley Crossing Association, a nonprofit corporation) (Section 1.6 (page 2 of Declaration) and )

Units / lots

26 lots on Final Plat and Replat (Exhibit C lists 24 numbered lots plus two Tracts A) (Exhibit C (page 8 of amendment) and Plat)

Developer / declarant

SunCor Development Company, an Arizona corporation (Preamble of Declaration, page 8)

Assessments & dues

Regular assessments are set by Board based on adopted budget; special assessments by vote of Members (majority of outstanding votes). Assessments are allocated per membership (i.e., per Net Acre). (Sections 10.5, 10.6, 10.9 (pages 37-39 o)

Special assessments

Permitted for purpose of defraying unexpected costs or capital improvements; requires majority vote of outstanding membership (including Declarant during control period). (Section 10.6 (page 38))

Collections & liens

Association may record assessment lien and foreclose; lien is subordinate to first mortgages. Notice of default required. (Article XI (pages 40-42): Sections 11.2,)

Reserves & fees

Not required. (N/A)

Leasing & rentals

Yes, leases are permitted; defined as Lessee, and Section 7.9 governs leases (not provided in text). (Definition of Lessee (Section 1.16, page)

Parking & vehicles

Regulated by Article VIII: parking standards to be established; no on-street parking specifically mentioned. (Section 8.1 (page 28 of Declaration) 'Pa)

Fences

Addressed under Improvements; Perimeter Walls (Section 7.4.7) and Party Walls (Section 7.10). No specific fence rules given. (Sections 7.4.7 (page 24), 7.10 (page 27))

Architectural approval

All improvements (except those by Declarant) must be approved in writing by the Architectural Committee before construction. (Section 7.1.1 (page 18 of Declaration))

Solar & roof

Regulated by Development Guidelines (Section 5.8). (Section 5.8 (page 14): 'color schemes')

Signs & flags

Regulated; 'Signs' defined in Section 1.31. Approval required per Article VII. Freestanding sign on Lot 3 for freeway sign easement. (Section 1.31 (page 6 of Declaration); Ar)

Setbacks / home size

Height restriction for Lot 1 mentioned in Section 8.10 (exact limit not stated in provided text). (Section 8.10 (page 32 of Declaration) 'H)

Maintenance

Not separately addressed; part of owner's improvement maintenance. (N/A)

Insurance

Section 7.8 mentions insurance obligations of Owners (page 26). Not detailed in provided text. (Section 7.8 (page 26 of Declaration))

Use restrictions

No; uses are commercial, retail, office, recreational, industrial, auto mall, transportation/recreational vehicle sales and service park. (Recital B (page 9 of Declaration) and Ar)

Voting & meetings

One vote per membership. Each Net Acre (rounded to nearest whole number) gives one membership; parcels with less than one acre get one membership. Multiple owners must appoint a single agent. Voting cannot be split. (Sections 4.1, 4.3 (pages 11, 12 of Decla)

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