Inverness Valley

What Inverness Valley's governing documents say

Inverness Valley is a single-family residential HOA community in Phoenix, Arizona governed by a Declaration of Covenants, Conditions and Restrictions. Lot owners are automatically members, pay assessments to maintain common areas and private access ways, and must comply with strict architectural review and use restrictions enforced by the Association and its Board.

• What you own & maintain: You own your individual lot; the Association owns and maintains the Common Area (tracts A–G on the plat) and Private Access Way. Each owner is solely responsible for maintaining their own lot and improvements not covered by the Association.
• Assessments & fees: All lot owners pay annual assessments (initial cap of $30, now adjusted annually by CPI or 10%, whichever is greater, without a member vote). Initial purchasers pay a non-refundable working capital contribution of 1/6 the annual assessment. A transfer fee applies when you buy from another owner. Non-payment within 15 days triggers late charges and a lien against your property.
• Single-family use & home businesses: All lots must be used exclusively for Single Family Residential use. Home-based businesses are permitted only if completely invisible and undetectable from outside the residence (by sight, sound, or smell), involve no outside visitors, and comply with zoning laws.
• Architectural review & improvements: The Architectural Committee must approve ALL exterior work before you begin — including improvements, repairs, landscaping, fences, walls, buildings, antennas, and roof equipment. All utility lines must be underground or concealed. No changes to approved plans are allowed without re-approval. Committee decisions are final with no right of appeal.
• Vehicles & equipment restrictions: No motor vehicles exceeding 3/4-ton capacity, mobile homes, travel trailers, campers, boats, or similar equipment can be parked or stored visibly from neighboring property. Pickup trucks 3/4-ton or less and mini-motor homes (max 7 feet high, 18 feet long) are allowed if used regularly for basic transportation. The Board may tow violating vehicles at the owner's expense.
• Pets: A reasonable number of domestic house or yard pets are allowed; the exact number is determined by the Board on written request. No animals are permitted to make unreasonable noise or become a nuisance.
• Party walls: Owners of adjacent lots share the cost of party wall repairs and maintenance proportionally. If a party wall is damaged by causes other than an owner's act, both owners rebuild at equal expense. An owner who causes a wall to be exposed to weather bears the full cost of protection.
• Voting & membership: Membership and one vote per lot are automatic upon ownership. The builder (Declarant) holds Class B voting rights with 3 votes per Class A vote until January 1, 2002, or 90 days after Class A votes equal Class B votes, whichever is earlier. Voting rights suspend if assessments are 15 or more days overdue.

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.