Pinecrest Lake Property Owners Association

Key facts from Pinecrest Lake Property Owners Association's documents

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

Community type

Recreational Vehicle Subdivision (WHEREAS clause, page 5: "Pinecrest Lake )

Legal name

PINECREST PROPERTY OWNERS ASSOCIATION

Units / lots

200 (WHEREAS: "two hundred (200) Recreational)

Governing law

Arizona Revised Statutes (implied for non-profit corporations) (Article I (A) references Arizona Corpora)

Assessments & dues

Amount set annually by Board; fixed at least 30 days before levy. Due July 1. First assessment adjusted for partial year. (Article V (E), (F))

Special assessments

Allowed for capital improvements; requires approval by majority (101 votes) of lot owners in good standing. (Article V (H))

Collections & liens

Unpaid assessment becomes lien on lot if not paid within 60 days of levy. Association may foreclose. Personal obligation of owner at time of levy. Not subordinate to mortgage/deed of trust. Homestead exemption waived. (Article V (B), (I), (J))

Reserves & fees

$100.00 transfer fee charged on sale, exchange, or transfer of ownership. (Article IV (I) second paragraph)

Pets

Yes, maximum two household pets. (Article II (D))

Home business

Prohibited; no business or commercial activities of any kind on property. (Article II (C))

Use restrictions

Property shall be for residential Recreational Vehicle use only. No business or commercial activities. (Article II (C))

Voting & meetings

Each lot owner in good standing gets one vote per lot. Jointly owned lots have single vote. Voting may be in person or by absentee ballot. (Bylaws 4.6, 4.7; CC&R Article V (G) majo)

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