Aloravita South

Key facts from Aloravita South's documents

Community type

Homeowners Association - Aloravita South Homeowners Association (Article 1, definition of Association)

Developer / declarant

Ashton Woods Arizona, L.L.C. (Nevada), Lennar Arizona, LLC (Arizona), Taylor Morrison/Arizona, Inc. (Arizona), LT Aloravita, LLC (Delaware), and Arroyo CAP Ill-2, LLC (Delaware) as Landbanker (Initial recital page)

Governing law

Arizona Revised Statutes and common law for nonprofit corporations (Section 5.1: 'all of the common law and )

Assessments & dues

Board determines annual budget and levies Regular Assessments against Assessable Lots (Section 6.2 and Association Expenses def)

Special assessments

Special Assessments permitted under Section 6.3 (Table of Contents and Section 6.3 headin)

Collections & liens

Lien created and personal obligation for all Assessments, Collection Costs, and other amounts due; lien may be foreclosed (Section 6.1: 'Creation of Lien and Perso)

Reserves & fees

Reserves required under Section 6.13 (Table of Contents and Section 6.13 headi)

Leasing & rentals

Rental of Lots is addressed in Section 8.10 (no details in excerpt, but implies allowed subject to restrictions) (Section 8.10)

Parking & vehicles

Subject to restrictions in Section 8.5 (no details in excerpt) (Section 8.5)

Architectural approval

No Construction or Modification shall be made without prior written approval of the Design Review Committee (except work by Declarant or Affiliate). (Section 3.2(a))

Signs & flags

Signs regulated (Section 8.18) (Section 8.18 heading)

Use restrictions

Lots are for residential use (Section 8.1) (Table of Contents and Section 8.1 headin)

Voting & meetings

Two classes: Class A (all Owners except Declarant and Landbanker) - 1 vote per Lot; Class B (Declarant and Landbanker) - 3 votes per Lot (Section 5.6)

Amendments

Declaration may be amended by vote of Owners as specified in Section 11.3. Specific matters require consent of Majority of Declarants or unanimous consent with Landbanker. (Section 11.3, also Sections 2.3(b), 5.9)

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