Rio Verde

Key facts from Rio Verde's documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (nonprofit Arizona corporation) (Article I, Section 5)

Governing law

Arizona Revised Statutes (references to A.R.S. §33-1803, §33-439) (Article VII, Section 3; Article IV, Sect)

Special assessments

Requires assent of two-thirds (2/3) of Members voting in person or by proxy at a meeting called for that purpose. (Article VII, Section 4)

Collections & liens

Continuing lien with power of sale on each Lot. Foreclosure by court action as for realty mortgage. Association may purchase at sale. Second Amendment adds that recording constitutes record notice. (Article VII, Section 8(B); Second Amendm)

Reserves & fees

Association may carry forward surplus from year to year; not required to reduce assessments if surplus exists. (Article VII, Section 11)

Pets

Yes, reasonable number of generally recognized house or yard pets allowed. (Article IV, Section 2(F))

Home business

No gainful occupation, trade, garage sale, etc., except as approved by Board and permitted by law. One-time moving or estate sale allowed. (Article IV, Section 2(A))

Signs & flags

Only allowed signs: legal proceedings, residential ID signs (max 144 sq in), construction sign (6 sq ft), Commercial Lot signs, open house signs (3 sq ft, only daylight hours, need ARC approval), Common Area signs, other ARC-approved signs. (Article IV, Section 2(T))

Use restrictions

All Residential Lots shall be used exclusively for residential purposes, occupied only by a Single Family. (Article IV, Section 2(A))

Voting & meetings

One vote per Membership; membership based on lot type/size. Vote may be suspended for violations. (Article VI, Section 3)

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