Homestrad

What Homestrad's governing documents say

Homestrad is a planned community in Mesa, AZ, governed by a homeowner's association (HOA). This document applies to all lot owners in the Homestrad subdivision, including those owning townhouse or patio home lots. The HOA maintains common areas and certain exterior elements of homes in exchange for annual assessments.

• What you own & maintain: Owners hold fee title to their lot and unit. The association maintains the common area, roofs, exterior walls (excluding windows and doors), and front landscaping for townhouse and patio home lots. Owners are responsible for maintaining patio/yard landscaping, glass surfaces, and any improvements they install.
• Assessments & fees: Annual assessments are set annually by the board, subject to a maximum amount that adjusts with the Consumer Price Index. For the first year, the maximum assessment was $598.20 for townhouse lots and $478.20 for patio home lots. Assessments can be increased above the index only with approval of Declarant (while Class B membership exists) and two-thirds of Class A members. Delinquent assessments accrue 10% annual interest and may result in a lien on the lot, foreclosure, and suspension of voting or recreational area use.
• Use restrictions: The document includes restrictions on nuisances, vehicles, signs, animals, garbage, antennas, clothes lines, window coverings, and power equipment. Specific limits are not provided in the excerpt, but the association may adopt reasonable rules.
• Architectural control: Any alteration or improvement to a lot requires prior approval from an Architectural Control Committee. Plans must be submitted for review.
• Party walls: For attached units, party wall rights and duties are created, including provisions for damage, negligence, alterations, and dispute resolution.
• Phased development: The community was planned to be developed in phases. Initially, only Phase 1 (67 lots) was part of the project. Phases 2 and 3 (62 and 74 lots, respectively) could be added later under specific conditions, including association approval and completion of common improvements.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.