Ambra

Key facts from Ambra's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

AMBRA COMMUNITY ASSOCIATION (Section 1.7)

Developer / declarant

K. Hovnanian at Ambra, LLC, an Arizona limited liability company (Preamble, page 5; Section 1.15, page 8)

Governing law

Arizona Revised Statutes (A.R.S.) – references to A.R.S. § 33-1803, §33-741, §33-1806A, §33-1806C, etc. (Sections 3.1.3, 1.42.1, 6.13, etc.)

Assessments & dues

Not fixed; set by Board up to Maximum Annual Assessment (initial set by Board, then increased by greater of CPI or 10% per year, plus utility/insurance increases; may be further increased by majority vote; no more than 20% increase over pri (Sections 6.3.1, 6.3.2, 6.3.3, 6.3.4, 6.3)

Special assessments

Approved at a meeting by at least two-thirds of votes of each class of Members represented (in person, absentee ballot, or other lawfully allowed manner) (Section 6.4 (page 21))

Collections & liens

Association has a lien on each Lot for all assessments and charges. Lien recorded by notice; may be foreclosed like a mortgage. Lien subordinate to real property tax liens, governmental assessments, and First Mortgage liens. (Section 6.10.2 (page 23); Section 6.11 ()

Reserves & fees

Reserve Fund Contribution equal to one-third (1/3) of the Annual Assessment, paid at purchase of a Lot (except Declarant, Related Entity, Optionor, Homebuilder); non-refundable; used for repairs, replacements, capital improvements to Common (Section 6.9 (page 22))

Leasing & rentals

Any Owner may lease Lot (with improvements) to a single family, subject to all provisions of the Declaration. Leasing is not considered a trade or business. (Section 8.1.1 (page 26); Section 8.1.2 l)

Architectural approval

Prior express written approval of Architectural Committee required for: any Detached Structure that is Visible from Neighboring Property; any other structure that is part of or attached to the Dwelling Unit; all improvements constructed by (Section 8.1.1 (page 26); Section 7.2 (pa)

Home business

Permitted inside Dwelling Unit if: not detectable from outside; conforms to zoning; no clients/ customers coming to Lot/Unit; does not destroy residential character; business conducted only inside Unit by Resident; no more than 20% of floor (Section 8.1.2 (page 26-27))

Maintenance

Owner maintains Lot and improvements. Association maintains Common Area (areas owned by Association for common use) and other Association Property. (Section 3.7 (page 16); Section 8.2.3 (pa)

Insurance

Each Owner must obtain and maintain liability insurance covering acts/negligence of Owner and household members on or about Owner's Lot, issued by authorized Arizona insurer, in amounts common for similar properties in greater Phoenix area. (Section 3.6.1 (page 15))

Use restrictions

All Lots shall be used, improved and devoted exclusively to single family residential use. No gainful occupation, profession, trade or other non-residential use except as provided for home business (Section 8.1.2) and Declarant/Homebuilder (Section 8.1.1 (page 26))

Voting & meetings

Two classes: Class A (all Owners except Declarant and Hearthstone) – one vote per Lot; Class B (Declarant and Hearthstone) – three votes per Lot owned or deemed owned. Class B converts to Class A on Transition Date. (Section 5.2 (page 19); Section 5.4 (page)

Amendments

Not detailed in this excerpt beyond table of contents reference to Section 10.5; specific consent requirements for amendments affecting Declarant rights (Section 10.18) and Exempt Property (Section 1.21). (Section 1.21 (page 10); Section 10.18 (p)

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