Lakepoint 8 at Lakewood

Key facts from Lakepoint 8 at Lakewood's documents

Reflects the 1987 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Association Use Common Area (Section 2: 'The Tracts shall have a Land)

Units / lots

Not explicitly stated; Master Declaration references 768 acres and 4,910 Lots deemed owned by Class B Member at inception (Recitals A; Section 6.3)

Developer / declarant

AMCOR Investments Corporation, a California corporation (Opening paragraph: 'by AMCOR Investments)

Governing law

Arizona Revised Statutes (A.R.S.) (Definitions, A.R.S. §33-1310(11) and §33)

Assessments & dues

Annual assessments levied by Association at a uniform rate against all Assessable Property; maximum may be increased by Board up to 10% per year without vote; larger increases require member approval (Sections 7.2, 7.3, 7.4)

Special assessments

Special assessments may be levied by Board subject to member vote if above a threshold (details in Section 7.5) (Section 7.5)

Collections & liens

Assessment Lien created under Section 7.1; enforcement remedies under Article VIII including foreclosure; lien may be subordinated to first mortgages (Article VII and VIII)

Reserves & fees

Delinquent assessments subject to collection costs and interest; specific late fee not stated (Section 7.9)

Pets

Reasonable number of generally recognized house or yard pets allowed as domestic pets (not commercial). (Section 4.2(b))

Leasing & rentals

Entire Dwelling Unit on Single Family Lot may be let to a Single Family Tenant (Section 4.3(b)). For other classifications, rental allowed subject to Declaration. (Section 4.3(b))

Parking & vehicles

Vehicles kept in garages, carports, residential driveways, designated parking areas; on-street parking prohibited on streets designated on Map of Dedication (Section 4.2(t)). (Section 4.2(t))

Fences

Not specifically detailed; any fence requires ARC approval under Section 4.2(a). Tract Declaration (b): no fence without ARC approval. (Section 4.2(a) (Master Declaration); Sec)

Architectural approval

Yes, for any improvement, alteration, repair, excavation, grading, landscaping (except some landscaping on Single Family or Cluster Residential) that alters exterior appearance, and for new structures (Section 4.2(a)). Tract Declaration: pr (Section 4.2(a) (Master Declaration); Sec)

Home business

No gainful occupation, profession, trade or other non-residential use on Single Family Residential Lots (Section 4.3(a)). Incidental uses may be approved by Board (Section 4.2(y)). (Sections 4.3(a) and 4.2(y))

Signs & flags

No signs of any nature except those permitted under City of Phoenix sign ordinances and approved by Architectural Review Committee. (Section 3(h))

Maintenance

Owner responsible for repairs and maintenance of improvements on his Lot/Parcel (Section 4.2(g)). Association responsible for Common Areas (Article X). Party walls between Common Areas and Lots maintained by Association (Section 4.2(p)(v)). (Section 4.2(g), 4.2(p)(v), Article X (Ma)

Use restrictions

Single Family Residential Lots limited to one private single family residence plus garage, guest house, servant quarters; no gainful occupation conducted (Section 4.3(a)). Limits also apply to other residential classifications. (Section 4.3(a) and Section 4.2)

Voting & meetings

Two classes: Class A (owners of Lots and Parcels) — one vote per Membership; Class B (Declarant) — 3 votes per Lot owned, deemed to own 4,910 Lots initially, converts to Class A by Jan 1, 1992 or when Class A votes equal Class B (Section 6.3)

Amendments

Declarant (so long as it owns any portion of Lakewood) or Association (with prior written consent of Declarant, so long as Declarant owns any portion) may execute amendments without other consent if necessary due to changes in circumstances (Section 5)

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