Entrada North

What Entrada North's governing documents say

Entrada North is a single-family residential community in Phoenix, AZ, where you own your individual lot and dwelling unit; the association maintains shared grounds, landscaping, and perimeter walls, funded by assessments levied equally across all lots. The community operates under a declaration that sets out your rights, the association's duties, and how major decisions are made through member voting.

• What you own & maintain: You own your dwelling unit and lot. You're responsible for maintaining all structures on your lot, including the interior side of perimeter walls facing your property. The association maintains the common areas, landscaping, recreational facilities, exterior perimeter walls facing streets or common areas, and drainage easements.
• Assessments & fees: Assessments are levied equally per lot and due in equal installments (monthly or semiannual, at the board's discretion). Late payments accrue interest at the greater of 10% per year or the Veterans Administration mortgage rate, plus a late fee of the greater of 10% of the unpaid amount or $15. The first retail buyer's escrow must fund two months of assessments as working capital.
• Voting & membership: Each lot owner is automatically a member with one vote per lot (Class A). The developer (Declarant) holds Class B membership with three votes per lot until conversion to Class A—which happens whichever comes first: 90 days after Class A votes equal Class B votes, 10 years from the declaration's recording date, or when the Declarant elects to convert.
• Household composition: A single-family household is defined as persons related by blood, marriage, or legal adoption, or up to three unrelated persons sharing a common household.
• Insurance & liability: The association maintains hazard insurance on common area buildings, liability insurance with a $1 million minimum per occurrence, flood insurance (if needed), fidelity bonds for funds management, and workers' compensation insurance (if required). You must provide your own liability and hazard/contents insurance for your dwelling and personal property.
• Damage & casualty losses: If the common area suffers major damage, members vote (requiring 75% approval in each voting class) within 60 days on whether to repair; if insurance doesn't cover full costs, the board levies equal assessments against all lots to bridge the gap. If your dwelling is destroyed or materially damaged, the board can require you to repair or reconstruct it within at least eight months, using any insurance proceeds you receive.
• Access to association records: You and your mortgage lender can request and inspect the association's complete records, including the declaration, bylaws, rules, budget, financial statements, and meeting minutes, during reasonable times and under reasonable circumstances.

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.