Trellis at Colter

Key facts from Trellis at Colter's documents

Community type

Planned Community (Arizona Planned Communities Act, Title 33, Chapter 16) (Section 1.1)

Developer / declarant

Colter-TCD, LLC, an Arizona limited liability company (Recitals)

Governing law

Arizona Revised Statutes Title 33, Chapter 16 (Planned Communities Act) (Section 1.1)

Assessments & dues

Board adopts budget at least 30 days before Assessment Period; levies Annual Assessment same for each Lot. Board may amend budget and increase Assessment during the period if funds inadequate. (Section 8.2(b), (d))

Special assessments

Requires approval of Members representing two-thirds of total Lots. (Section 8.4)

Collections & liens

Association has lien on each Lot for Assessments, late charges, collection fees, attorneys' fees; lien perfected by recording this Declaration; may be foreclosed like a realty mortgage. Owner given at least 30 days written notice before for (Section 8.9(b), (c), (d))

Reserves & fees

Reserve Contributions required from purchasers from non-Declarant; Board may also fund reserves from Assessments. Reserve study to be obtained periodically but no more than every 10 years (first after 3 years from Assessments accruing). Boa (Section 8.17, Section 8.21)

Leasing & rentals

Yes, subject to restrictions. (Section 5.4)

Fences

Landscape Fence on non-garage side of Buildings is a Boundary Wall between two Lots or between a Lot and Common Area. Boundary walls between two Lots: shared cost 1/2 each; modifications require written consent of adjoining Owner and Declar (Section 1.26, Section 11.6(a), (b), (c))

Architectural approval

Any exterior alteration visible from neighboring property (Architectural Change) requires prior written approval of Board (or Architectural Committee). (Section 4.1, Section 4.5)

Home business

Allowed if: (i) not apparent by sight, sound, or smell from outside the Dwelling Unit; (ii) conforms to Phoenix zoning; (iii) consistent with residential character and not a nuisance or threat to safety. (Section 5.1)

Maintenance

Association maintains Common Area and may assume maintenance of Building exteriors for uniform appearance (non-obligatory). Owner maintains Lot, interior of Dwelling Unit, and own exterior walls (each Dwelling Unit has its own four exterior (Section 11.1, Section 11.2, Section 11.6)

Use restrictions

All Lots shall be used and improved exclusively for residential use. No trade or business may be conducted on any Lot, except home business conducted within Dwelling Unit not detectable from outside, conforming to zoning, and not a nuisance (Section 5.1)

Voting & meetings

Two classes: Class A (each Owner other than Declarant) – one vote per Lot; Class B (Declarant) – 21 votes so long as Declarant owns any Lot. No cumulative voting. Voting may be suspended for assessment delinquency or infractions. (Section 7.3, Section 8.9(e), Section 6.2)

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