Muy Felices Casas

What Muy Felices Casas's governing documents say

Muy Felices Casas is a 20-lot residential planned unit development in Phoenix, Arizona, where you own your individual lot and home while the homeowners association maintains common areas and enforces community rules. Regular assessments fund maintenance and association operations, with membership voting and architectural controls that apply to all owners.

• What you own & maintain: You own your individual lot and building, including doors, windows, interior surfaces, plumbing, heating/air conditioning, and appliances. You maintain your lot in clean, attractive condition. The association maintains all exterior building surfaces, roofs, fences, the common area, landscaping, and the perimeter fence.
• Assessments: Regular assessments are capped initially at $2,880 per lot per year, due monthly. The board can increase assessments by 5% annually or by the Consumer Price Index (whichever is greater), or by any amount with a two-thirds vote of owners. The board also sets special assessments to cover costs of bringing owners into compliance or to fund capital improvements.
• Residential use & restrictions: The property is for residential use only—no business, commercial, or manufacturing operations are allowed without board approval. No signs are permitted without written board approval.
• Parking & vehicles: You have exclusive use of parking spaces on your lot. Temporary parking (guests, delivery vehicles, services) is permitted throughout the property. However, buses, vans, trucks over 3/4 ton, or vehicles designed for commercial use cannot be parked on the property without written board approval.
• Architectural review & external items: No buildings, fences, antennas, awnings, or exterior additions can be built without written board approval of plans and specifications. No external items like TV antennas, clotheslines, air conditioning units, or unauthorized landscaping are allowed without board approval.
• Late payment consequences: If an assessment is not paid within 10 days, a late charge applies. After 30 days, interest accrues at 6% above the prime rate. Delinquent owners lose their voting rights and access to recreational facilities. The association can foreclose on the lot to collect unpaid assessments.
• What this document doesn't cover: This excerpt omits details on pet policies, detailed lease/rental restrictions, specific insurance requirements, and the nature of recreational facilities available to owners.

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.