Los Olivos Heights

What Los Olivos Heights's governing documents say

This is a real estate purchase agreement for Lot 13 in Los Olivos Heights, a subdivision in Phoenix, AZ. It is a contract between a seller (Margaret B. Ladlow) and buyers (Donna J. Zieh and Robert E. Zieh) for the sale of a single residential property. It is not a set of community governing documents (CC&Rs) or HOA rules; it does not contain restrictions or requirements for residents such as pet limits, leasing terms, or common area maintenance obligations.

• Document type: This is a purchase agreement, not a declaration of covenants, conditions, and restrictions (CC&Rs) or an HOA rulebook. It binds only the buyer and seller to the terms of the sale.
• Purchase price & terms: The purchase price is $5,500. The buyer pays an $800 down payment, with the remaining $4,700 paid in monthly installments of $350 (including 6% interest) starting April 15, 1967.
• Insurance requirement: The buyer must keep buildings on the property insured against fire for their reasonable insurable value, with policies placed with Phoenix Title and Trust Company for mutual benefit.
• Default and forfeiture: If the buyer defaults, the seller may sue for specific performance or enforce forfeiture. In case of forfeiture, the buyer loses all payments made and improvements, surrendering the property to the seller.
• What this document doesn't cover: This document contains no community-wide rules about pets, leasing, architectural changes, parking, or any HOA-related restrictions. It does not describe common elements or association governance. Residents should seek separate CC&Rs or HOA documents for the subdivision.

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.