Golden Crest

Key facts from Golden Crest's documents

Reflects the 2009 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

GOLDEN CREST CORPORATION

Developer / declarant

Golden Crest Corporation (First paragraph)

Governing law

Arizona Planned Communities Act (Section 1)

Assessments & dues

Reasonable and equal annual maintenance fee, computed based on previous expenses, projected expenses, and contingency fund (Section 4a)

Special assessments

Authorized by affirmative vote of three-fourths of Board at meeting with quorum, and ratified by 66% of members present at meeting with quorum (Section 4c)

Collections & liens

Association may file and record a lien for unpaid assessments, late fees, collection fees, attorneys' fees; may foreclose lien like deed of trust with power of sale (Section 4b.ii-iii)

Reserves & fees

Reasonable contingency fund (surplus) may be maintained (Section 4a: 'maintenance of a reasonable)

Pets

Reasonable number of dogs, cats, or common household pets allowed; not for commercial purpose; no animals, livestock, or poultry raised, bred, or kept (Section 5f)

Leasing & rentals

Owners may rent/lease their Lot, but must provide tenants with notice of restrictions and are personally liable for tenant compliance (Section 2)

Parking & vehicles

Streets not for regular parking; vehicles kept in garages, carports, or driveways; no overnight parking on streets; no parking on unpaved areas; no unlicensed or non-operative vehicles; no repair other than routine maintenance (Section 5j.i-iv)

Fences

Fences must be stone masonry or wood; unfinished wood must be stained or painted; no chain link or mesh; must be approved by ACC prior to installation; cannot be erected nearer to street than minimum building setback line unless approved (Section 5g.i and Section 5n)

Architectural approval

Building, fence, or wall construction or alteration requires prior approval of Architectural Control Committee regarding quality, harmony, and location (Section 5g.i)

Home business

Prohibited (Section 5a: 'no business, trade or manuf)

Signs & flags

One 'For Sale' sign (max 18x24 inches) with rider (max 6x24 inches); political signs allowed 45 days before election, removed within 7 days after; other signs as per Arizona law or ACC approval (Section 5e.i-iii)

Setbacks / home size

Front: 20 feet; side street: 10 feet; side: 5 feet; eaves, steps, open porches excluded but cannot encroach on another Lot (Section 5d)

Maintenance

Owner responsible for Lot and improvements; Association may perform cleanup after 15 days notice and charge Owner as assessment (with lien rights) (Section 5h.iii)

Use restrictions

All Lots shall be single-family residential; no business, trade, manufacturing, hospital, sanitarium, hotel, duplex, or apartment house permitted (Section 5a)

Voting & meetings

One vote per Lot owned; multiple owners must determine single vote; vote suspended if assessments unpaid for 30 days or in default for 30 days (Section 3)

Amendments

By approval of a majority of the then Owners of Lots in Golden Crest; automatically renews for successive 10-year periods unless changed by majority (Recital D and Section 8)

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