Orangewood Ranch

Key facts from Orangewood Ranch's documents

Community type

HOA (Homeowners Association) (Recital B - formation of Orangewood Ranc)

Legal name

ORANGEWOOD RANCH PHASE I COMMUNITY ASSOCIATION (Section 1.7)

Developer / declarant

K. Hovnanian at Orangewood Ranch, LLC, an Arizona limited liability company (Opening recitals and Section 1.15)

Governing law

Arizona Revised Statutes (references to A.R.S. §33-1803, §33-1806, etc.) (Sections 3.1.3, 6.10, 6.13)

Assessments & dues

Initially established by Board; Maximum Annual Assessment increases by greater of CPI or 10% per year, plus water/utility/insurance increases (Sections 6.3.1, 6.3.2, 6.3.3)

Special assessments

May be levied for capital improvements or other valid purposes; requires approval of at least 2/3 of votes of each class of Members present at a meeting (Section 6.4)

Collections & liens

Association has lien on each Lot for unpaid Assessments; may record notice of lien; foreclosure allowed in court; lien subordinate to First Mortgage liens (Sections 6.10.2, 6.11)

Reserves & fees

Reserve Fund Contribution equal to one-third (1/3) of Annual Assessment paid at time of purchasing a Lot, used for repairs, replacement and capital improvements (Section 6.9)

Leasing & rentals

Section 8.1.29 heading: Leases and Non-Owner Occupants; no content in provided text (Section 8.1.29)

Parking & vehicles

Section 8.1.23 heading: PARKING; no content in provided text (Section 8.1.23)

Fences

Section 8.1.21 heading: Party Walls and/or Fences; no detailed rules in provided text (Section 8.1.21)

Architectural approval

Architectural Committee must approve all improvements and alterations that are Visible from Neighboring Property; plans must be submitted (Sections 1.17, 7.2)

Home business

Trade or business prohibited (Section 8.1.2 heading) (Section 8.1.2)

Maintenance

Owner responsible for maintaining their Lot, Dwelling Unit, and improvements; Association maintains Common Area (Sections 3.7, 8.2.3 heading)

Insurance

Each Owner shall maintain liability insurance for acts and negligence of Owner and household, in forms and amounts commonly obtained in greater Phoenix area (Section 3.6.1)

Use restrictions

Lots shall be used for single-family residential purposes only (Section 8.1.1 heading) (Section 8.1.1)

Voting & meetings

Two classes: Class A (all Owners except Declarant, one vote per Lot) and Class B (Declarant, three votes per Lot until Transition Date) (Section 5.2)

Amendments

Amendments to Declaration can be made as provided in Section 10.5 (heading only); amendments affecting Declarant rights require Declarant's consent (Section 10.18) (Sections 10.5, 10.18)

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