May's Pond

What May's Pond's governing documents say

May's Pond is a single-family residential community in Maricopa County, Arizona, part of the larger Gila Springs master-planned community. Lot owners automatically become members of the May's Pond Homeowners Association, which maintains common areas while owners maintain their individual homes and comply with use restrictions enforced through covenants.

• What you own & maintain: You own your individual lot and single-family residence; the association maintains common areas (landscaping, buildings, utilities, improvements). You are responsible for your home's interior, and for any damage or repairs resulting from your negligence, willful acts, or your tenants'/guests' actions.
• Assessments & fees: Regular annual assessments are divided equally among all lots; the initial maximum is $330/year per lot, paid in 12 equal monthly installments. Assessments increase annually by the Consumer Price Index. Delinquent payments incur a $15.90 late charge and 12% annual interest if unpaid after 30 days; unpaid assessments create a lien on your lot that can be foreclosed.
• Special assessments: The board can levy special assessments for capital improvements, repairs, and unexpected expenses, requiring approval by the Declarant and two-thirds of Class A member votes.
• Vehicles & parking: Trailers, campers, mobile homes, commercial vehicles, and inoperable cars are prohibited except in garages or board-designated areas; standard pick-up trucks used for personal/business purposes are allowed with unobtrusive markings. Garages and driveways must be kept neat and free of clutter.
• Use restrictions: Lots are restricted to single-family residential use; no business operations are permitted except for the builder's model home sales office. Noxious, illegal, or offensive activities that interfere with neighbors' quiet enjoyment or increase insurance costs are prohibited.
• Architectural control: Alterations and improvements to lots require approval from the Architectural Control Committee before construction begins.
• Community governance & voting: Lot owners automatically become Class A members (one vote per lot, after assessments begin). The builder holds Class B membership with enhanced voting during development until conversion. Major decisions require 51% approval; assessment changes over 20% and special assessments require 2/3 member approval.
• Enforcement & delinquency: The board may suspend a delinquent owner's voting rights and recreational area access. Unpaid assessments can be enforced through foreclosure and sale of the lot; unpaid assessments become personal obligations of the owner even after the lot is sold.

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.