Laveen Springs

Key facts from Laveen Springs's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision (HOA) (Section 8.1.1: 'All Lots shall be used, )

Legal name

Laveen Springs Community Association (Section 1.7: '“Association” shall mean a)

Developer / declarant

K. Hovnanian at Laveen Springs, LLC (Declaration opening: 'by K. HOVNANIAN AT)

Assessments & dues

Set by Board each fiscal year, not exceeding Maximum Annual Assessment. (Section 6.2, 6.3)

Special assessments

For capital improvements or other valid purposes; requires approval by at least 2/3 of votes of each class of Members present at meeting. (Section 6.4)

Collections & liens

Association has lien on each Lot for unpaid Assessments; may be foreclosed like a mortgage. Lien subordinate to First Mortgages. (Section 6.10.2, 6.11)

Reserves & fees

Amount established by Board; paid by Owner (excluding Declarant, Related Entity, Optionor, Homebuilder) on transfer of Lot. (Section 6.13)

Home business

Permitted if not detectable from outside, no customers on premises, no more than 20% of floor area, conducted by resident, no hazardous materials, etc. (Section 8.1.2)

Use restrictions

All Lots used exclusively for single family residential purposes; no gainful occupation except as allowed home business. (Section 8.1.1)

Voting & meetings

Class A (each Owner): one vote per Lot. Class B (Declarant): three votes per Lot owned or deemed owned. Class B converts to Class A on Transition Date. (Section 5.2.1, 5.2.2)

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