The Springs at Santa Rita Homeowners Association, Inc.

Key facts from The Springs at Santa Rita Homeowners Association, Inc.'s documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association

Legal name

THE SPRINGS AT SANTA RITA HOMEOWNERS ASSOCIATION, INC.

Governing law

Arizona Revised Statutes Title 10, Chapter 25 (Nonprofit Corporations). Also references A.R.S. §§33-1803, 33-1804, 33-810. (Section 1.1, footnotes 1 and 2)

Assessments & dues

Board approves annual operating budget (including estimated revenue/expenses and cash reserves) no later than April Board meeting. Treasurer prepares budget. Board then sets assessments. (Sections 7.3.5, 8.5)

Collections & liens

Board may perfect and foreclose a lien against any Lot for unpaid Annual or Special Assessments, or bring action at law against the Member personally obligated. (Section 7.2.6.2)

Reserves & fees

Annual operating budget includes annual cash reserves available for replacement and major repairs of Association's facilities. (Section 7.3.5)

Architectural approval

Board shall appoint an Architectural Review Committee as provided in the Declaration. Board may make and publish architectural and design standards and rules. (Article IX, Section 7.2.3)

Voting & meetings

One vote per Lot. If more than one owner and disagreement, they lose right to vote. No proxies. Cumulative voting not permitted. Voting by secret written ballot, mail-in ballot, or absentee ballot. Majority of votes cast (with quorum) decid (Article V, Sections 5.1, 5.1.1, 5.1.2, 5)

Amendments

Bylaws may be amended by a vote of 2/3 of Members' votes cast in a duly held Association election, provided the quorum requirement (10% Eligible Votes) is met. (Section 10.1)

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