Monroe Ranch

Key facts from Monroe Ranch's documents

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

Community type

single family residential (Section 8.1.1)

Legal name

Monroe Ranch Community Association, an Arizona nonprofit corporation (Section 1.7)

Developer / declarant

K. Hovnanian at Monroe Ranch, LLC, an Arizona limited liability company (Preamble, page 1)

Governing law

Arizona Revised Statutes (A.R.S. Title 33) (Sections 3.1.3, 6.13, 6.10.2, etc.)

Reserves & fees

Board may establish Transfer Fee for administrative costs of transfer of ownership, in addition to fee under A.R.S. § 33-1806C (Section 6.13)

Leasing & rentals

Leasing of Lot with improvements to a single family is not prevented, subject to all provisions of Declaration (Section 8.1.1, last sentence)

Parking & vehicles

Addressed in Section 8.1.23 (text not fully shown). (Section 8.1.23)

Architectural approval

Any Detached Structure Visible from Neighboring Property requires ARC approval; all improvements require ARC approval per Section 7.2. (Sections 8.1.1, 7.2)

Insurance

Each Owner must maintain liability insurance in amounts common in Phoenix metropolitan area. (Section 3.6.1)

Use restrictions

All Lots used, improved, and devoted exclusively to single family residential use (Section 8.1.1)

Voting & meetings

Class A (all Owners except Declarant and BCP): one vote per Lot; Class B (Declarant and BCP): three votes per Lot owned or deemed owned. Class B converts to Class A on Transition Date. (Section 5.2)

Amendments

Amendments per Section 10.5 (not fully shown). (Section 10.5)

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