Ladera Vista

Key facts from Ladera Vista's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Homeowners Association) for a subdivision of lots (Section 1.3 and recitals)

Legal name

LADERA VISTA HOMEOWNERS ASSOCIATION, an Arizona non-profit corporation (Section 1.3, Page 3)

Developer / declarant

Grayson Investment Company, an Arizona Corporation, its successors and assigns (Preamble, Page 1)

Governing law

Arizona Revised Statutes, Section 33-801 et seq. (for trusts) (Section 1.21, Page 6)

Assessments & dues

Board prepares budget, determines Regular Assessment per Lot (equal share of Common Expenses). Paid quarterly. (Section 6.3.1-6.3.2, Pages 13-14)

Special assessments

Improvement Assessment (approved by Majority of Members); Special Assessment for noncompliance, fines, attorneys' fees, etc. (Section 1.2.2, 1.2.3, 6.4, Pages 3-4, 14)

Collections & liens

Unpaid assessments (plus interest, late fees, attorneys' fees) become a continuing lien on the Lot. May be foreclosed like a realty mortgage/deed of trust. Subordinate to prior recorded First Mortgage. (Section 6.1, 6.12, 6.14, Pages 12, 16)

Reserves & fees

Reserves included in Common Expenses, deposited in separate bank account, held in trust. (Section 6.11, Page 16)

Pets

Yes, a reasonable number of commonly accepted household pets allowed in accordance with Association Rules. (Section 11.4, Page 24)

Leasing & rentals

Yes, subject to conditions. (Section 11.19, Page 26)

Parking & vehicles

No boats, trailers, buses, motor homes, campers or other vehicles shall be parked or stored except within an enclosed garage as permitted by Design Guidelines. (Section 11.7, Page 25)

Fences

Fences require ARC approval; must be within Building Envelope unless exception. Dog runs and animal pens must be screened outside Building Envelope. (Section 10.4 (general requirement), Sect)

Architectural approval

Yes, for any excavation, alteration of topography, construction, exterior change, painting (except same color), landscaping, drainage changes. Plans must be approved by Design Review Committee. (Section 10.4, Page 22)

Solar & roof

No specific color restrictions mentioned; ARC approval required for exterior changes including painting. (Section 10.4, Page 22)

Home business

Home occupation allowed if permitted by City and primary use remains residential. (Section 11.1, Page 24)

Setbacks / home size

Living area not less than 2,700 square feet, exclusive of open patios, porches, garages, and outbuildings. (Section 11.1, Page 24)

Maintenance

Not explicitly allocated; likely owner responsibility as part of Lot. No provisions for common roof.

Insurance

Association shall maintain fidelity bond, workers' compensation if required, Directors and Officers liability insurance, and other insurance as determined. (Section 7.1, Pages 17-18)

Use restrictions

Each Lot shall be used exclusively for single family residential purposes. No business or commercial use, except home occupations allowed by City. (Section 11.1, Page 24)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Lot. Class B (Declarant) – enough votes to equal 51% total. Class A cannot vote on director election while Class B exists. (Section 2.3, Pages 6-7)

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