Madera Foothills Estates HOA

What Madera Foothills Estates HOA's governing documents say

Madera Foothills Estates is a planned community HOA in Paradise Valley, AZ (25 lots plus common areas). This document is the association’s bylaws, which govern internal operations (e.g., board elections, meetings, finances). The separate Declaration of Covenants, Conditions, and Restrictions (CC&Rs) contains the actual use restrictions for homes. From the bylaws, you can expect quarterly assessments of $310 and that the board can adopt architectural guidelines and rules. There are no age restrictions or rental rules in this document.

• Membership & voting: Each lot has one vote. No proxies are allowed. Quorum for member meetings is one-fifth of eligible votes. Co-owners must agree on how to vote; disagreements forfeit the vote.
• Board of Directors: Board has 3–7 members (odd number), all must be members in good standing. Directors serve three-year terms, elected by secret written ballot. The board can adopt architectural guidelines and rules, and impose penalties for violations.
• Meetings: Annual member meeting is held in November. Board meetings require 48 hours’ notice to members (as of the bylaws’ date). Special member meetings can be called by the board or by 25% of members.
• Assessments & fees: Quarterly dues are $310 (as of the seller’s notice). Special assessments currently $0. Transfer fee $0, capital improvement fee $0, disclosure fee up to $400. The board can encumber association property up to $5,000 without member vote.
• Finances & records: The board must present an annual financial statement at the annual meeting. Members can inspect association books and records with 10 days’ written notice; reasonable copying fees apply.
• Amendment process: Bylaws can be amended by two-thirds of the entire board or by a majority of members present at a meeting called for that purpose.
• What this document doesn’t cover: Specific use restrictions (e.g., pets, parking, leasing, architectural changes, age limits) are not in these bylaws; they are found in the separate CC&Rs, which were not provided. Consult the CC&Rs for those rules.

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.