Boulder Crest Estates

Key facts from Boulder Crest Estates's documents

Community type

Homeowners Association as of 2007 ("Talus Homeowners’ Association")

Legal name

Talus Homeowners’ Association (aka Stone Pass Association) as of 2007 ("Talus Homeowners’ Association" and "Sto)

Units / lots

Single-family lots, no multi-unit buildings indicated as of 1997 (Recital C: 'single-family residential su)

Developer / declarant

PPVN Developers Limited Partnership and Pinnacle Peak North Developers, L.L.C. as of 2007 ("PPVN DEVELOPERS LIMITED PARTNERSHIP, an)

Governing law

A.R.S. §10-3821, A.R.S. §29-781 as of 2007 ("A.R.S. §10-3821" in consent; "A.R.S. §2)

Assessments & dues

No specific amount; Board sets Regular Assessments annually based on estimated expenses. as of 1997 (DOC 199524, Section 6.03: 'the Board sha)

Special assessments

Permitted for: (a) costs caused by owner's negligence/nuisance, (b) materials/services benefiting primarily individual Lots, (c) construction/alteration of common facilities (requires 66% member approval after Turnover). as of 1997 (DOC 199524, Section 6.05(a)-(c))

Collections & liens

Assessment Lien attaches to Lot for unpaid assessments, interest, costs, attorneys fees. Foreclosure permitted under Arizona law. Lien subordinated to first mortgage/deed of trust and tax liens. Foreclosure sale subject to prior liens. as of 1997 (DOC 199524, Sections 6.02, 6.08, 6.09)

Reserves & fees

Board may establish reasonable reserves as part of Common Expenses. as of 1997 (DOC 199524, Section 1.05: 'reasonable re)

Parking & vehicles

Not specifically addressed; common areas include parking areas maintained by Association. as of 1997 (DOC 199524, Section 5.01: 'parking areas)

Fences

Fences considered improvements requiring architectural approval. as of 1997 (DOC 199524, Section 4.01: 'whether a bui)

Architectural approval

Yes, architectural plans must be approved by Architectural Review Committee of Troon North Association. as of 1997 (DOC 199524, Section 4.01: 'until plans a)

Use restrictions

Property shall be used only for activities permitted in Troon North Declaration and this Declaration; permissive commercial uses not specified. as of 1997 (DOC 199524, Section 8.01: 'The Property )

Voting & meetings

One vote per Lot or per acre (or fraction thereof) of other Property. No fractional votes. Joint owners must designate voting representative. as of 1997 (DOC 199524, Sections 2.03(b), 2.04: 'Eac)

Amendments

Amendment procedure governed by Sections 2.04 and 2.05 of the Declaration and Sections 5.2 and 5.3 of the Bylaws as of 2007 ("Pursuant to Sections 2.04 and 2.05 of t)

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