Las Meridas

What Las Meridas's governing documents say

Las Meridas is a planned residential community in Phoenix with 122 individual home lots and shared common facilities (swimming pool, ramada, private streets, landscaping, entry walls). You own your lot individually; the association maintains common areas through assessments paid by all owners.

• What you own & maintain: You own your individual lot; the association owns and maintains common areas (pool, ramada, private streets, landscaping). You must insure your dwelling and contents; the association carries master insurance on common facilities.
• Assessments & dues: Pay proportionate share of common expenses for maintenance, insurance, utilities, and reserves. Initial year capped at $240/year; thereafter annual increases limited to 5% or Consumer Price Index (whichever greater) unless 2/3 of members approve higher increase. Unpaid assessments accrue 19% interest and create lien on property.
• Architectural control & alterations: Exterior alterations require board (or architectural committee) approval. Boundary walls between your lot and adjacent private-use areas can be decorated with landscaping if board-approved and structurally safe. You're responsible for maintaining boundary walls and must notify the association of damage.
• Use & activity restrictions: Residential use only. Rules govern pets, vehicles, signs, antennas, trash, landscaping, lighting, and other uses—consult the association bylaws for specific limits.
• Private outdoor areas: Your lot includes exclusive-use easement rights on portions of adjacent lots, providing semi-private outdoor space bounded by walls. You can enhance these areas with landscaping subject to board approval and structural safeguards.
• Governance & voting: One vote per lot. Board of Directors has final authority to interpret rules and resolve disputes. Developer holds extra voting power (3 votes per lot owned) until developer ownership falls below 50% community votes or 3 years from first lot sale, whichever occurs first.

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.