Pinnacle Peak Vistas Homeowners' Association

What Pinnacle Peak Vistas Homeowners' Association's governing documents say

Pinnacle Peak Vistas IV is a single-family residential community in Phoenix, Arizona with mandatory homeowners association membership. You own your individual house and lot, share responsibility for common areas maintained by the association, and must comply with covenants and assessments that run with the land.

• What you own & maintain: You own your residential unit and lot. The association maintains common areas including drainage easements and landscaping. You must maintain your lot in good condition per all applicable local codes and regulations.
• Mandatory annual assessments: All lot owners pay an annual assessment divided equally among all lots. New purchasers also pay a one-time working capital contribution equal to 1/6 of the annual assessment at closing, which is non-refundable.
• Assessment increases: The annual assessment automatically increases each year by whichever is greater: 5%, or the prior year's Consumer Price Index increase. Additional mid-year increases may be imposed without a vote if the board determines funds are inadequate.
• Non-payment: late fees and foreclosure: Unpaid assessments incur late fees and interest 15 days after due date. The association holds a lien on your property and may foreclose to collect all unpaid assessments, interest, late fees, and collection costs including attorney fees.
• Membership & voting rights: Lot ownership automatically makes you an association member with one vote per lot. Your voting rights are suspended if you're 15+ days late on assessments or in violation of the governing documents.
• Architectural review & approval: You must obtain written approval from the Architectural Committee before constructing or modifying any structure or dwelling. The committee reviews design, colors, materials, and location; its decision is final.
• Easements & property restrictions: Some lots have natural open space and drainage easements that cannot be built upon or altered. The association has easement rights to inspect, maintain, and access portions of your lot for managing common areas.
• Duration & covenant permanence: Covenants run with the land for 20 years from the 1990 recording, then automatically renew for successive 10-year periods. Amendments require approval by 67% of members, making changes to these restrictions very difficult.

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.