Fulton Homes at Prasada

Key facts from Fulton Homes at Prasada's documents

Community type

planned community (Introduction B: "develop the Property as)

Legal name

Fulton Homes at Prasada Community Association (Definition of "Association" in Article 1)

Units / lots

Not explicitly stated; Plats indicate at least Phases 1A, 1B, and 2 (Definition of "Plat" in Article 1)

Developer / declarant

Fulton Homes Corporation, an Arizona corporation (Opening paragraph)

Governing law

Arizona Revised Statutes (references to A.R.S.) (Article 1 definitions (e.g., A.R.S. §33-)

Assessments & dues

Not set in Declaration; Board adopts budget each Assessment Period and sets Regular Assessment amount same for each Assessable Lot. (Section 7.2(a))

Special assessments

Referenced in Table of Contents as Section 7.3, but full text not provided in excerpt. (Table of Contents, Article 7)

Collections & liens

Section 7.8 created Assessment Lien for nonpayment; remedies include foreclosure, but full text not provided. (Table of Contents, Section 7.8)

Reserves & fees

Referenced in Table of Contents as Sections 7.13 and 7.14, but text not provided. (Table of Contents, Article 7)

Architectural approval

No Construction, Modification, or Improvement of any kind shall be commenced without prior written approval of Design Review Committee, except work by Declarant or affiliates. (Section 3.1(a))

Solar & roof

Subject to Design Review Committee approval based on aesthetic considerations (Section 3.2(a)) (Section 3.2(a)(3))

Maintenance

Association responsible for Areas of Association Responsibility (Common Area, certain Lot areas); Lot Owner responsible for Lot maintenance as per Section 8.2 (text not fully provided). (Sections 8.1 and 8.2 (from Table of Cont)

Insurance

Article 9 (Insurance) referenced but text not provided (Table of Contents and Article 9 heading)

Use restrictions

Restrictions set forth in Exhibit B (not provided) (Section 4.1: "The permitted uses and res)

Voting & meetings

Two classes: Class A – Owners (1 vote per lot); Class B – Declarant (3 votes per lot). Class B terminates when Declarant no longer owns or has option or upon written notice. (Section 6.7)

Amendments

Referenced in Table of Contents Section 11.3, but text not provided. (Table of Contents, Article 11)

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