Novella at Arcadia

What Novella at Arcadia's governing documents say

Novella at Arcadia is a planned community of 36 single-family homes in Phoenix, AZ, governed by a homeowners' association (the Novella at Arcadia Homeowners' Association). As a homeowner, you own your lot and dwelling in fee simple; the association maintains common areas and facilities (like landscaping, pool, streets) and enforces design standards and covenants. This Declaration of Covenants, Conditions, Restrictions, Development Standards and Easements is the primary rulebook for the community, binding all owners, tenants, and occupants.

• What you own & maintain: You own your Lot and Dwelling Unit. The Association maintains Common Areas and Common Facilities (e.g., landscaping, walkways, pool, spa, streets). You are responsible for maintaining your Lot and Dwelling, including your own insurance and repairs (except for damage to Common Facilities).
• Assessments & fees: The Association levies Regular Assessments (based on budget) and may levy Special Assessments (needing majority vote unless for insurance shortfalls) and Reimbursement Assessments. Assessments are a lien on your Lot. Annual assessments are not set in this document; the Board determines amounts. A Reserve Contribution is required upon purchase. The Board cannot borrow over $15,000 without a majority vote.
• Architectural & design review: All exterior improvements (including landscaping, fences, colors, additions) require prior approval from the Design Review Committee (or Board) under the Design Guidelines. Plans must be submitted and approved. Variances are possible. Interior changes not visible from neighboring property don't need approval.
• Use restrictions: Lots are limited to single-family residential use. No further subdivision is allowed. Temporary buildings are restricted. Signs are regulated. The Association may adopt rules for Common Areas (e.g., pool, parking, walkways). Owners are responsible for their tenants' and guests' compliance.
• Leasing & rentals: Leases are permitted, but tenants must comply with the Declaration and Association rules. Owners must ensure tenant compliance. The Association may require notice of tenancy. No minimum lease term is stated in this document.
• Dispute resolution: All disputes are subject to mandatory dispute resolution procedures (Article 21), including mediation and arbitration, before litigation. Certain claims (like assessment collection) may be exempt. The Association may suspend voting rights for nonpayment or rule violations.
• Insurance: The Association carries master liability and casualty insurance on Common Areas, plus directors & officers insurance. Each owner must insure their own dwelling, improvements, and personal property. Owners indemnify the Association for claims arising from their lot.

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.