Silver Crest at Treasure Canyon

What Silver Crest at Treasure Canyon's governing documents say

This is a full set of Covenants, Conditions, and Restrictions (CC&Rs) for Silver Crest at Treasure Canyon, a single-family home subdivision in Peoria, AZ. It creates a homeowners association (HOA) that all lot owners automatically join, and it establishes rules for property use, maintenance, assessments, and architectural control. The document is a comprehensive rulebook binding on all current and future owners.

• Assessments & fees: The HOA levies annual assessments, which can increase up to 10% per year (or CPI, whichever is greater) without a membership vote; larger increases require a 2/3 vote. Special assessments require a 2/3 vote as well. Assessments are a lien on the lot, and unpaid assessments accrue 12% annual interest and a late fee of the greater of $15 or 10%.
• What you own & maintain: You own your lot and detached dwelling unit (house) and are responsible for its maintenance – including roof, paint, plumbing, electrical, and landscaping. The HOA maintains the common areas and any 'Areas of Association Responsibility' (e.g., landscape tracts). You must keep your property in a clean, safe, and attractive condition.
• Architectural review: An Architectural Committee must approve all exterior changes, including landscaping, fences, walls, and any structures like sheds or patios. Fences are limited to 6 feet in height and must be masonry block unless approved otherwise. Plans for landscaping must include at least 25% turf and at least one 36-inch or two 24-inch box trees in the public yard.
• Use restrictions: Lots are for single-family residential use only – defined as one or more persons related by blood/marriage/adoption, or up to four unrelated adults living as a household. No businesses, commercial vehicles, or time-shares are allowed. Signs, antennas, and satellite dishes are regulated per FCC rules. Leasing is mentioned but specific terms (minimum lease length) are not in the excerpt; the document does contain a leasing section (8.13) but its text is missing from the provided excerpt.
• Parking & vehicles: Commercial or recreational vehicles (boats, RVs, trailers, etc.) may be parked only in an approved, screened Recreational Vehicle Parking Area on your lot. Family vehicles (cars, SUVs, smaller pickups) can be parked in garages or driveways. Overnight parking of guests is limited to temporary, non-recurring use. No vehicle repairs are allowed on the lot.
• Membership & voting: Each lot owner is a member of the HOA with one vote per lot. Initially, the developer (Declarant) holds three votes per lot it owns (Class B), which converts to Class A (one vote) after six years, or when Class A votes equal Class B, or upon developer's notice. Owners can vote on assessment increases, amendments, and board elections.

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.