Stoneridge (AZ)

What Stoneridge (AZ)'s governing documents say

Stoneridge is a master-planned community in Prescott Valley, AZ, governed by a Community Charter that creates a homeowners association (StoneRidge at Prescott Valley Community Association) binding all property owners, their tenants, guests, and invitees. This document outlines the community's governance, use restrictions, architectural controls, assessment obligations, and rules for leasing and occupancy.

• Community type & governance: Stoneridge is a master-planned community with a master association (StoneRidge at Prescott Valley Community Association) and optional sub-associations (Neighborhoods). The Community Charter, along with Supplemental Charters, Articles, By-Laws, Design Guidelines, Rules, and Board resolutions, form the governing documents, with the Charter prevailing in conflicts.
• Property use & business: Units must be used primarily for residential purposes. Home-based businesses are allowed only if not detectable from outside, comply with zoning, involve no regular client visits, and are consistent with residential character. Leasing a unit is not considered a business.
• Leasing & rentals: Only the principal residence on a unit may be leased (separate rooms cannot be independently leased, but detached guest houses may be). Leases must be in writing, disclose that tenants are bound by governing documents, and be reported to the association within 10 days. The Board may require a minimum lease term of up to 6 months and may impose a review fee.
• Architectural review: No exterior improvements may be made without prior approval under Chapter 4 and the Design Guidelines. The Founder has exclusive architectural control until the later of the end of the Development and Sale Period or until all units are improved and certificates of occupancy issued. After that, a Design Review Committee appointed by the Board assumes jurisdiction.
• Assessments & fees: The association levies Base Assessments (on all units for common expenses), Service Area Assessments (for benefits to specific groups of units), and Special or Specific Assessments as needed. Assessments can be adjusted per the budget and reserve requirements. The association has a lien for unpaid assessments.
• Rule-making & amendment: The Board may change the Rules (use, conduct, etc.) with notice to owners and a 30-day delay before effectiveness, subject to disapproval by Neighborhood Representatives representing >50% of votes. During the Development and Sale Period, the Founder's written consent is required. Rules cannot modify the Charter or Design Guidelines. The Charter itself can be amended per Chapter 20.
• Dispute resolution: Chapter 14 encourages resolving disputes without litigation and establishes procedures for dispute resolution, including mandatory steps before filing a lawsuit. The association may initiate litigation as provided.
• What this document doesn't cover: This excerpt does not contain specific details on age restrictions, pet limits, parking regulations, or rental caps beyond the minimum lease term. Such rules may be in the separate Exhibit C (Initial Rules) or later Board resolutions. It also does not specify assessment amounts or fee schedules.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.