Towne Park at North Shore

Key facts from Towne Park at North Shore's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Planned community with individual Lots and undivided interest in Common Elements (Opening paragraph, Page 7)

Developer / declarant

Stardust Development, Inc., an Arizona corporation (Opening paragraph, Page 7)

Assessments & dues

Maximum regular assessment initially $120 per year per Lot until January 1 following first conveyance to unaffiliated Owner. (Section 4.3, Page 15)

Special assessments

Board may levy special assessments for unanticipated casualty or other extraordinary occurrence, or for approved improvements under Section 3.2. At least 60 days' notice required. (Section 4.4, Page 16)

Collections & liens

Each Lot is charged with a continuing servitude and lien (Association Lien) for all assessments and charges, prior to all other liens except mortgagee liens. Association may foreclose by action or power of sale. (Section 4.6, Page 17)

Reserves & fees

Board shall include in regular assessment estimates such sums as shall be fair and prudent for establishment and maintenance of an adequate reserve fund for costs and expenses, including maintenance, repair and replacement of Common Element (Section 4.3(b), Page 15)

Pets

Dogs, cats, birds or fish may be kept in reasonable numbers as household pets without approval but subject to rules. Other animals require prior written approval. (Section 2.1(a), Page 8-9)

Leasing & rentals

A Lot may be leased and subleased, but only if said Lot is to be occupied as a whole by the lessee and his family, their servants and guests. (Section 2.1(h), Page 9)

Parking & vehicles

On street and other parking may be prohibited or restricted by rules adopted by the Board. (Section 2.1(m), Page 10)

Fences

Approved front fence under 2-1/2 feet high (no chain link or wooden fence of any height) may be constructed at front property line. Approved rear and side fences and walls may be constructed along rear and side property lines, if permitted (Section 2.2(d), Page 11)

Architectural approval

No building, improvements, alterations, repairs, rebuilding, excavation, grading, landscaping or other work which alters exterior appearance shall be commenced without prior written approval of the Architectural Committee. (Section 2.2(f), Page 11)

Home business

No commercial or business activity of any kind shall be conducted at any time on any portion of the Property. (Section 2.1(p), Page 10)

Signs & flags

No signs or advertisements of any kind may be placed without prior written approval of the Board, except customary mailboxes, residential nameplates, and 'for sale' and 'for rent' signs may be placed in conformity with common specifications (Section 2.1(p), Page 10)

Setbacks / home size

No building other than one detached single-family dwelling not to exceed 2 stories in height and a private garage or carport not to exceed 1 story in height for not more than 3 cars. (Section 2.2(c), Page 11)

Maintenance

Association maintains Common Elements. Owner maintains Lot and all improvements on Lot. (Section 3.1(a) and (b), Page 13)

Insurance

Owners may obtain additional insurance at their own expense for personal property, liability, etc. Policies must contain waiver of subrogation against Association and other Owners. Copy of individual policy to be filed with Board within 30 (Section 6.5, Page 21)

Use restrictions

Each Lot shall be occupied only by a single family, single person or single persons living together and their servants and guests, as a residence and for no other purpose. (Section 2.1(o), Page 10)

Voting & meetings

Class A (all Owners other than Declarant): one vote per lot. Class B (Declarant): three votes per lot until conversion. (Section 5.3, Page 18-19)

Amendments

Certain amendments require consent of affected Owner and mortgagee and affirmative vote of 67% of each class of Members (Section 4.2). Other amendments not fully detailed in excerpt. (Section 4.2, Page 14; Section 16 not ful)

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