Riverstone at Superstition Springs

Key facts from Riverstone at Superstition Springs's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Riverstone at Superstition Springs

Units / lots

109 (Legal description: Lots 1 through 109)

Developer / declarant

Suggs Riverstone Development L.L.C., an Arizona limited liability company (Recitals and signature block)

Governing law

Arizona Revised Statutes (A.R.S.) (References to A.R.S. §33-1803(A) and §33)

Assessments & dues

Initial maximum $1,200 per Lot until first conveyance. After that, Board may increase by up to 5% or CPI, whichever greater, without Member vote. Further increase needs 2/3 Member vote, but cannot exceed 20% above prior year without majorit (Section 6.2.3)

Special assessments

May be levied for capital improvements in Common Area with assent of 2/3 of votes cast at meeting. (Section 6.5)

Collections & liens

Assessment Lien for unpaid assessments, interest, fees, fines, collection costs. Recorded notice of lien after demand. Priority except for pre-recorded liens, tax liens, municipality assessments, and first mortgage lien recorded before deli (Section 6.9.2, 6.9.3)

Reserves & fees

Replacement and maintenance reserves to be established as part of budget. (Section 6.2.1)

Pets

Yes, dogs, cats, parakeets or similar household birds (Permitted Pets), total not to exceed 2. Must be kept on leash ≤6 ft when off owner's Lot. Must not be nuisance. No other animals, birds, fowl, poultry, reptiles, livestock. (Section 3.12)

Home business

Permitted if: (i) not apparent by sight/sound/smell, (ii) conforms to zoning, (iii) no person coming onto Lot or door-to-door solicitation, (iv) consistent with residential character. Leasing is not a business. (Section 3.11)

Signs & flags

Signs visible from neighboring property prohibited except: (i) legal proceedings signs, (ii) residence ID signs with Board approval, (iii) one 'For Sale' sign with Board approval, (iv) Declarant signs, (v) construction signs with Declarant (Section 3.14)

Use restrictions

All Residential Units shall be used exclusively for residential purposes. (Section 3.11)

Voting & meetings

Two classes: Class A (all Owners except Declarant during Class B) one vote per Lot; Class B (Declarant) three votes per Lot owned. (Section 5.7)

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