The Reserve at Pinnacle Peak Patio

Key facts from The Reserve at Pinnacle Peak Patio's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

THE RESERVE AT PINNACLE PEAK PATIO COMMUNITY ASSOCIATION (Section 1.7)

Units / lots

As shown on recorded plat; each numbered parcel is a Lot (Section 1.25) (Section 1.25)

Developer / declarant

K. Hovnanian at Pinnacle Peak Patio, LLC, an Arizona limited liability company (Recitals A and C; Section 1.15)

Governing law

Arizona Revised Statutes (references to A.R.S. §§ 33-1803, 33-1806, 33-741) (Sections 3.1.3, 6.13, 1.40.1)

Assessments & dues

Set by Board each fiscal year, not to exceed Maximum Annual Assessment (Sections 6.2, 6.3) (Section 6.2, 6.3)

Special assessments

May be levied for capital improvements or other valid purposes; requires approval by at least two-thirds (2/3) of votes of each class present at meeting (Section 6.4) (Section 6.4)

Collections & liens

Assessment lien against each Lot; recorded Declaration gives notice; priority subject to tax liens, governmental assessments, and First Mortgages; may be foreclosed like realty mortgage (Section 6.10.2, 6.11) (Section 6.10.2, 6.11)

Reserves & fees

One-sixth (1/6) of Annual Assessment paid by each Owner (other than Declarant) at purchase; used for repairs, replacements, capital improvements; not used until after Declarant control period (Section 6.9) (Section 6.9)

Pets

Not explicitly stated in excerpt; possibly covered in later sections or Community Rules. No specific pet restrictions found. (Not found)

Leasing & rentals

Leases and Non-Owner Occupants permitted subject to restrictions (Section 8.1.29 – details not fully excerpted). (Section 8.1.29)

Parking & vehicles

Trailers, Boats, Aircraft, and Motor Vehicles – restrictions apply (Section 8.1.16). On-street, commercial, etc. may be covered by Community Rules. (Section 8.1.16)

Fences

Party Walls and/or Fences regulated; wall/fence on common boundary subject to Declaration (Sections 1.35, 8.1.21). (Section 1.35, 8.1.21)

Architectural approval

Architectural Committee must approve all improvements; Owner must submit plans (Section 7.2, 7.5). (Section 7.2, 7.5)

Solar & roof

Not specifically addressed in provided text. (General reference)

Home business

Trade or business use prohibited except home occupations that do not change residential character or create nuisances (Section 8.1.2 – further details not fully provided in excerpt) (Section 8.1.2)

Signs & flags

Not specifically addressed in provided text; likely governed by Architectural Committee and Community Rules (General reference)

Maintenance

Owners maintain their Lots, Dwelling Units, landscaping (Section 3.7). Association maintains Common Area (Section 1.8, 4.4). (Section 3.7, 1.8, 4.4)

Insurance

Section 9.1 Scope of Coverage – details not fully excerpted. (Section 9.1)

Use restrictions

Each Lot shall be used for single family residential purposes only (Section 8.1.1) (Section 8.1.1)

Voting & meetings

Class A: one vote per Lot for each Owner; Class B: Declarant has 3 votes per Lot owned until Transition Date (Section 5.2.1, 5.2.2) (Section 5.2)

Amendments

Section 10.5 – amendments require consent of Declarant (until Transition Date) and possibly Member vote; details not fully excerpted. (Section 10.5)

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