Kyrene Quads Subdivision II

Key facts from Kyrene Quads Subdivision II's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community (subdivision); no association initially formed but may be formed later upon sale of parcels. (Section 2.3: "no Association has been fo)

Developer / declarant

Kyrene Building, LLC, a Delaware limited liability company (Section 1.7)

Governing law

Arizona Revised Statutes (A.R.S. Title 33), including references to A.R.S. §§ 33-741, 33-801, 33-1222 (Sections 1.17, 1.17, 2.5.5)

Assessments & dues

Common expenses assessed pro rata based on square footage of buildings on each Parcel, exclusive of parking structure on Lot 1. (Section 5.1.1)

Collections & liens

Other Owners may enforce collection by action at law or foreclose lien for assessments after one year delinquency or $1,200 owed. Self-help lien also available (Section 6.2). (Sections 5.1.5, 6.2)

Reserves & fees

Delinquent assessments (unpaid after 15 days) subject to late fee in amount established from time to time by majority vote of Owners. (Section 5.1.4)

Leasing & rentals

Yes, leases must be in writing and subject to Declaration and Rules. (Section 4.19)

Parking & vehicles

No mobile home, travel trailer, camper, boat, boat trailer, or similar equipment/vehicle may be parked, kept, or repaired on Property. (Section 4.15)

Fences

No walls, fences, or barriers that prevent or impair permitted use of any easement established herein. (Section 3.5.2)

Architectural approval

No exterior addition, alteration, or improvement visible from exterior without prior written approval of majority of other Parcel Owners. (Section 4.3.1)

Signs & flags

All signage must conform to municipal codes. Declarant's project signs maintained by owner of Parcel where located. (Section 4.16)

Use restrictions

No nuisance permitted; no activity detrimental to Property or owners. (Section 4.18)

Voting & meetings

Votes allocated among Parcels according to each Parcel's percentage of undivided interests in the overall Property; see Exhibit B. (Section 2.6)

Amendments

Amendment requires 2/3 vote of Parcel Owners; unanimous consent needed for changes to Special Declarant Rights, number of Parcels, boundaries, allocated interests, use restrictions. Declarant may amend without Owner vote for compliance/corr (Section 8.4)

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