Rancho North

Key facts from Rancho North's documents

Reflects the 2017 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and throughout)

Legal name

Rancho North Condominium Association (Section 2.3)

Units / lots

initially five (5) Units (1001, 1002, 2001, 2002, 2003); additional Units may be added via annexation (Section 2.4)

Developer / declarant

HBT of Rancho North LLC, an Arizona limited liability company (Introduction (page 1))

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, Section 1.18)

Assessments & dues

Board prepares budget, Regular Assessments are based on that budget and allocated per Common Expense Liability (Sections 7.1 and 7.2)

Special assessments

Special Assessments may be levied as provided in Section 7.3 (Section 7.3 (referenced in 1.4))

Collections & liens

Assessment Lien created and imposed by Arizona Condominium Act and Declaration (Section 1.5); remedies for nonpayment include lien (Section 7.7) (Sections 1.5 and 7.7)

Reserves & fees

Reasonable reserves as deemed appropriate by Board or required by Condominium Documents (Section 1.15.5); Reserve Contribution under Section 7.10 (Sections 1.15.5 and 7.10)

Pets

Yes, reasonable number of Permitted Pets (dog, cat, household bird, other generally recognized household pet) may be kept in a Unit (Section 4.6)

Leasing & rentals

Leasing is permitted (Section 4.1 last sentence); Leasing Restrictions in Section 4.15 (Sections 4.1 and 4.15)

Parking & vehicles

Garages are part of Units; Parking Areas are Common Elements; Restricted Access gate; Declarant may restrict Parking Areas not allocated as Limited Common Elements (Section 3.4.2) (Sections 1.29, 1.40, 2.9, 3.4.2)

Architectural approval

Prior written approval of Board required for any improvements/alterations to Common Elements or Units, with exceptions for Declarant (Section 4.3(a) and (b))

Home business

Home business permitted only if not apparent from outside, conforms to zoning, conducted solely in Unit, no persons coming to Unit, no solicitation, consistent with residential character (Section 4.1 (conditions 1-5))

Signs & flags

Declarant may install advertising signs during marketing (Section 3.4.1); otherwise signs likely restricted (Section 4.2 antennas) (Section 3.4.1 and 4.2)

Maintenance

Association maintains Common Elements (Section 5.1); Unit Owner maintains Unit and Limited Common Elements (Section 5.2); Owner responsible for damage caused by their alterations (Section 4.3(b)) (Sections 5.1, 5.2, and 4.3(b))

Insurance

Insurance section (Article 8) referenced; Section 8.1 Scope of Coverage, but not extracted (Article 8)

Use restrictions

All Units shall be used, improved and devoted exclusively to residential use (Section 4.1)

Voting & meetings

One vote per unit, total votes equal to number of units (Section 2.7)

Amendments

Amendment procedures in Section 14.3; also Section 11.2 approval required if amendment affects First Mortgagee rights (Sections 14.3 and 11.2)

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