The Casas at the Sanctuary on Camelback Mountain

Key facts from The Casas at the Sanctuary on Camelback Mountain's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

No formal homeowners association; Declarant acts as managing entity. Assessments are collected by Declarant for common expenses. (Article 5, especially Sections 5.1 and 5)

Units / lots

Fifteen (15) Casa Parcels total: eleven owned by Declarant and four owned by other Persons. Only Casa Parcel 6 is initially subjected to this Declaration. (Recitals B and D, page 6)

Developer / declarant

Sanctuary on Camelback, Inc., an Ohio corporation (First paragraph after table of contents,)

Governing law

Not explicitly cited; Arizona Arbitration Act referenced in Section 8.10. (Section 8.10, page 16)

Assessments & dues

For fiscal year ending December 31, 2004, monthly installment is $350.00 (annual $4,200). Future amounts determined by budget. (Section 5.2.1, page 14)

Special assessments

Declarant may levy special assessments for unusual, non-routine, or extraordinary expenses. If expense exceeds 200% of the Annual Assessment for that period, it must be approved by two-thirds (2/3) of Owners. (Section 5.3, page 15)

Collections & liens

Delinquent assessments constitute a lien on the lot (Assessment Lien) which may be foreclosed like a mortgage. The lien has priority over other liens except property tax liens, governmental assessments, and first mortgages. (Sections 5.1, 5.5.2, 5.5.3, 5.5.4)

Reserves & fees

Reserves for replacements, maintenance, and contingencies may be included in the annual budget. (Section 5.2.1, page 14)

Leasing & rentals

Leasing is permitted; Occupants (tenants) have the right to use common areas during the lease term. Owner retains access via private streets. (Section 4.1.2, page 13)

Use restrictions

Property shall be used solely for operating residential buildings and related improvements suitable for resort and recreational uses, plus other uses approved in writing by Declarant. (Section 3.1, page 11)

Voting & meetings

Owners vote on annual budget (majority approval), special assessments exceeding 200% of annual assessment (2/3 approval), amendments (75% approval), and termination (75% approval plus Declarant consent). (Sections 5.2.2, 5.2.3, 5.3, 7.1, 7.2)

Amendments

Amendment requires written approval of Declarant and seventy-five percent (75%) or more of the Owners of Lots subject to this Declaration. (Section 7.2, page 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.