Falcon Estates

What Falcon Estates's governing documents say

Falcon Estates is a single-family home community in Phoenix, AZ, governed by a homeowners' association (HOA). This Declaration of Covenants, Conditions, and Restrictions (CC&Rs) creates the HOA and establishes the rules that run with the land, binding all property owners, tenants, and occupants. It covers assessments, architectural controls, use restrictions, maintenance, insurance, and enforcement. However, the specific use restrictions (Exhibit B) and design guidelines (Exhibit C) referenced are not included in this excerpt.

• What you own & maintain: You own your unit (a single-family detached house on its lot) and are responsible for maintaining the unit and its improvements to a community-wide standard. The HOA maintains the common area (shared spaces) and can perform maintenance on your property if you fail to do so, billing you for the cost.
• Assessments & fees: All units pay Base Assessments (equal per unit) to cover common expenses, set annually by the board. Special Assessments may be levied for unbudgeted costs. Assessments become a lien on the property if unpaid, with interest (10% per annum or higher, subject to law) and collection costs. Owners cannot avoid assessments by non-use of amenities.
• Architectural review: No exterior structures or alterations (including landscaping, painting, or modifications visible from outside) may be built or changed without prior approval from the Architectural Control Committee (ACC). The ACC has 30 days to approve or deny; failure to respond may allow deemed approval after a follow-up notice. Approved work must start within 12 months and finish within a year.
• Use restrictions & rules: The HOA board can adopt and modify use restrictions (subject to owner vote) that apply to all occupants. Initial rules are in Exhibit B (not included). Restrictions cannot prohibit leasing (but may require a minimum lease term up to 12 months), regulate content of political signs (but may regulate time/place/manner), or restrict household composition (except limiting to a single housekeeping unit and occupancy based on unit size).
• Leasing & rentals: Renting is allowed. The HOA may require a minimum lease term of up to 12 months and may require use of approved lease forms, but cannot charge transfer fees beyond administration costs. Owners must give the board at least 7 days' notice of a sale or transfer.
• Insurance: The HOA carries blanket property insurance on common areas and improvements it maintains, commercial liability insurance, directors & officers coverage, and fidelity insurance. Each owner must carry property insurance on their unit's insurable improvements for full replacement cost. In a casualty, common area damage is repaired unless 75% of owners vote otherwise.
• Enforcement & penalties: The HOA may impose fines, suspend voting rights and use of recreational facilities (up to 30 days for a single violation), and record liens for unpaid assessments. The HOA can also enter units for emergencies or to cure violations. Prevailing parties in enforcement actions are entitled to attorney fees and costs.
• What this document doesn't cover: The specific use restrictions (Exhibit B) and architectural design guidelines (Exhibit C) are not included in this excerpt, so detailed rules on pets, parking, noise, landscaping, and other common HOA subjects are not available.

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.