Acacia Crossing

Key facts from Acacia Crossing's documents

Community type

Homeowners Association (Section 1.2 defines Association as 'Acac)

Developer / declarant

Sunstone Homes LLC, an Arizona Limited Liability Company (Opening paragraph and Section 1.8)

Governing law

Arizona Revised Statutes Section 33-1803 (pertaining to planned communities) (Section 5.3(a) 'increased pursuant to Ar)

Assessments & dues

Maximum $462 per lot until January 1 after first lot conveyance to a Purchaser; thereafter may be increased per ARS 33-1803. (Section 5.3(a))

Special assessments

May be levied for capital improvements, litigation, etc., with assent of at least two-thirds of votes entitled to be cast (or two-thirds of each class if Class B exists). (Section 5.4)

Collections & liens

Unpaid assessments become a continuing lien; perfected by recording Notice of Claim of Lien after 10-day demand; foreclosure available; Association may bid at sale. (Section 5.9, 5.10)

Reserves & fees

Payable to Association upon purchase of a lot from someone other than Declarant or Builder, amount set by Board. (Section 5.8)

Pets

Reasonable number of generally recognized house or yard pets; no animals for commercial purposes. (Section 6.3)

Leasing & rentals

Yes, Owner may lease Lot to a Single Family; must promptly notify Association of term and lessee name. (Section 6.2)

Parking & vehicles

Not specifically restricted, but inoperable vehicles and vehicles under major repair are limited. (Section 6.18)

Fences

Not explicitly regulated except that animal structures must not be Visible From Neighboring Property; fences are included in 'Improvements' and subject to Board approval? No specific fence rules. (Section 1.10 (definition of Improvement )

Architectural approval

Board approval required for changes to exterior paint, signs, moving structures, etc. No dedicated ARC named; Board acts as architectural review body. (Sections 6.2, 6.11, 6.20)

Maintenance

Owner (since part of Improvements on Lot not maintained by Association) (Section 9.3)

Insurance

Association shall maintain insurance for Common Area liability, officers/directors liability, property, fidelity, and other coverage deemed necessary. (Section 10.1)

Use restrictions

All Lots shall be used, improved, and devoted exclusively to Single Family Residential Use. (Section 6.2)

Voting & meetings

Two classes: Class A (lot owners, 1 vote per lot) and Class B (Declarant, 3 votes per lot until conversion). Joint owners must cast vote as unit. (Article 4 (Sections 4.1, 4.2, 4.3))

Amendments

By Owners: first 20 years requires 90% of Lots; thereafter 75% of Lots. Amendment must be recorded. Board may amend without Owner consent to meet FNMA, FHA, etc. requirements. (Sections 11.4, 11.5)

Amenities

Common Area includes unspecified improvements; no specific amenities listed. (Definition of Common Area in Section 1.7)

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