Trailwood Units 1 and 2

Key facts from Trailwood Units 1 and 2's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single Family Subdivision (Title: "TRAILWOOD UNITS 1 AND 2 (A Singl)

Developer / declarant

Hancock Communities, L.L.C., an Arizona limited liability company (Background paragraph)

Assessments & dues

Initially established by Declarant before first conveyance; remains through base year ending December 31, 1999. Specific amount not stated. (Section 4.3)

Special assessments

Levied by Association for construction, repair, or unexpected expenses; requires 2/3 vote of Members present. (Section 4.4(a))

Collections & liens

Association has a perfected consensual lien for assessments; may foreclose or sue personally (Sections 4.1, 4.8(d))

Reserves & fees

Annual assessments may include a reserve fund for taxes, insurance, maintenance, etc.; working capital goes to reserve (Sections 4.2, 4.11)

Pets

Addressed in Section 8.7 (Animals); specific rules not excerpted (Section 8.7 (table of contents))

Leasing & rentals

Addressed in Section 8.13 (Leasing); text not excerpted (Section 8.13 (table of contents))

Parking & vehicles

Family Vehicles: parking in garages or as permitted; Commercial/Recreational Vehicles prohibited except on Nonrecurring And Temporary Basis or in designated Recreational Vehicle Parking Area (Sections 8.23, 8.24)

Fences

Fences require prior Architectural Committee approval. Maximum height 6 feet. Must be masonry block or 'superlite' block construction unless otherwise approved. Gates no higher than adjacent fence. Governmental regulations preempt if more r (Section 5.7(a))

Architectural approval

Architectural Committee approval required for any improvement, alteration, landscaping, fence, etc. (Article VII, especially Section 7.1)

Home business

Restricted; see Section 8.2 (Section 8.2 (table of contents; text not)

Setbacks / home size

Addressed in Section 8.26 (Minimum Dwelling Unit Size); text not excerpted (Section 8.26 (table of contents))

Maintenance

Owner maintains roof (part of Detached Dwelling Unit) (Section 5.3 (includes roofs))

Insurance

Reasonable deductible not to exceed that permitted by Institutional Guarantor; paid by responsible party (Section 6.2(e))

Use restrictions

Lots and Detached Dwelling Units shall be used for Single Family Residential Use only (Sections 1.34, 8.1)

Voting & meetings

Class A (all Owners except Declarant): one vote per Lot. Class B (Declarant): three votes per Lot. Conversion to Class A upon end of Declarant Control. (Section 3.2)

Amendments

Addressed in Section 10.7; text not fully excerpted (Section 10.7 (table of contents))

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