Kay Acres

Key facts from Kay Acres's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Developer / declarant

KR Development Company, LLC (First paragraph of Declaration)

Governing law

Arizona Planned Communities Act (A.R.S. §33-1801 et seq.) referenced for assessment increase approval (Section 6.2.3)

Assessments & dues

Board sets Annual Assessment for each Assessment Period (Section 6.2.1)

Special assessments

Authorized – Section 6.5 (Special Assessments) (Table of Contents and Section 6.5)

Collections & liens

Assessment creates a continuing lien on the Lot; personal obligation of Owner at time due (Section 6.1)

Reserves & fees

Replacement and maintenance reserves required as part of Common Expenses (Section 6.2.1)

Pets

Dogs, cats, common domestic birds, similar household pets – not for commercial purposes (Section 3.13)

Leasing & rentals

Absolute right to lease, provided lease is in writing, minimum 30 days, and lessee agrees to be bound by Project Documents (Section 3.12)

Parking & vehicles

Invitees may temporarily park on Kings Avenue ≤48 hours in any 7-day period; no parking on Private Courtyards that blocks access (Section 3.20.2, 3.20.3)

Home business

Permitted if: (i) not detectable from outside, (ii) conforms to zoning, (iii) only occasional visits, (iv) max one employee unless also resident, (v) no traffic/parking issues, (vi) no unusual hazardous materials, (vii) consistent with resi (Section 3.12 (i)-(vii))

Signs & flags

Only permitted: legal signs, identification sign ≤6x12 inches, one realty 'for sale/lease' sign, project signs, one alarm company sign near front door, or other Board-approved signs (Section 3.17)

Use restrictions

All Residential Dwellings used exclusively for residential purposes by a Single Family (Section 3.12)

Voting & meetings

Class A (1 vote per Lot), Class B (Declarant, 3 votes per Lot) (Section 5.7.1, 5.7.2)

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