Belmont at Triple Crown

What Belmont at Triple Crown's governing documents say

Belmont at Triple Crown is a single-family residential homeowners association in Phoenix, AZ where you own your individual lot outright and are responsible for all improvements on it. As a lot owner, you're automatically a member of the association, must pay monthly assessments for common-area maintenance, and are subject to architectural review and use restrictions. The community is also governed by the larger Triple Crown master association, which imposes separate rules and assessments.

• What you own & maintain: You own your entire lot and are solely responsible for maintaining your dwelling, landscaping, and all structures on it. The association maintains only common areas (accessways, gates, pools, recreation facilities, perimeter landscaping, and streetlights).
• Monthly assessments & increases: Initial monthly assessment is $40 per lot. Annual assessments can increase up to 5% per year without a member vote; any increase above 5% requires approval by two-thirds of voting members. Special assessments for capital improvements can also be levied with two-thirds approval.
• Architectural review & approval: All exterior alterations, improvements, modifications, and new structures (including painting and solar panels) require Architectural Review Committee approval before construction; you must submit plans, specifications, and site/grading plans for review.
• Use restrictions: Properties are restricted to single-family residential dwellings only; no business activities are permitted. Home offices are allowed with board approval only if operated by resident family members, limited to 25% of interior space, employing no outside workers, operating 7 AM–9 PM, and with no exterior signage.
• Landscaping & exterior maintenance: Owners must maintain landscaping, keep lots free of trash and weeds, maintain all structures in good repair, and keep walkways clean and dry. If you don't comply within 5 days of written notice, the association can enter and perform the work, adding all costs to your assessment as a lien.
• Delinquent payment penalties: Unpaid assessments accrue interest at the greater of 15% per annum or the prevailing VA/FHA rate, plus collection costs and attorney's fees. A lien attaches to your property and can be foreclosed; voting rights are suspended until all amounts are paid.
• Membership & voting: All lot owners are automatic members with one vote per lot. During the initial build-out phase, the developer holds Class B voting (3 votes per lot) until the community is substantially built, after which all votes convert to equal Class A (1 vote per lot).
• Master association & additional assessments: This subdivision is part of the Triple Crown master-planned community and is subject to a separate master declaration, architectural rules, and assessments from the Triple Crown master association—in addition to Belmont's assessments.

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.