Towns at Eastmark

Key facts from Towns at Eastmark's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

townhome community (Neighborhood Declaration for Towns at Eastmark) (Recital E: 'develop the Townhome Communi)

Developer / declarant

LENNAR ARIZONA, INC., an Arizona corporation (First paragraph: 'made as of April 24, 2)

Governing law

Arizona law (A.R.S. references in definitions) (Section 1.22: 'A.R.S. §33-741'; Section )

Assessments & dues

Board adopts budget; Regular Assessment = total Neighborhood Operational Costs / total number of Units (excluding Declarant's owned Units during Development and Sale Period; see subsidy provision) (Section 7.2.1, 7.2.2)

Special assessments

Allowed by Board for unexpected costs; allocation same as Regular Assessment; due at least 30 days after Board resolution (Section 7.4: 'Board may levy additional )

Collections & liens

Automatic Assessment Lien against each Unit; subordinate to taxes and first mortgages; foreclosable under Arizona law (Section 7.10: 'Neighborhood Declarant he)

Reserves & fees

Included in Budget as deemed necessary by Board (Section 7.2.1: 'including such reserves )

Leasing & rentals

Not explicitly prohibited; Unit Owner may lease and assign rights to Occupant (Section 8.1 (rights extended to Occupant)

Parking & vehicles

Only in garages, driveways (if any), and designated parking spaces in Tract H; no parking longer than 24 hours without Association approval; Association may adopt additional rules (Section 8.6: 'No parking shall be permit)

Architectural approval

Architectural review authority exercised by the Reviewer under the Residential Declaration (not within this Neighborhood Declaration) (Section 9.1: 'All authority for architec)

Solar & roof

Mentioned that Unit Owner maintains solar panels on their Unit (Section 6.2 (owner maintenance includes )

Maintenance

Association maintains roof of each Building (part of Building Maintenance Areas) (Section 6.1(ii))

Insurance

Association shall obtain insurance as required under Exhibit B (not attached); Board may modify (Section 4.1.2)

Use restrictions

Implicit; townhome community designed for residential use (Recitals (townhome community))

Voting & meetings

One vote per Unit; owner may designate voting representative if multiple owners; during Development and Sale Period, no vote effective without Declarant's written approval (Sections 3.2, 3.4: 'Each Unit is assigne)

Amendments

Not explicitly stated in this declaration; some articles (Article 12) require Declarant and Residential Declarant consent; generally amendment likely as per Bylaws or Arizona law (Section 12.7 (Article 12 amendment requi)

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