Candlewood Estates at Troon North Homeowners Association

Key facts from Candlewood Estates at Troon North Homeowners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Article 1.01 - Association definition)

Legal name

Candlewood Estates at Troon North Homeowners Association

Units / lots

281 (Exhibit A: Lots 1-55 (55 lots), Lots 56-)

Developer / declarant

PPVN DEVELOPERS LIMITED PARTNERSHIP (Recitals paragraph C)

Governing law

Arizona Revised Statutes (References to Arizona law throughout, e.)

Assessments & dues

Board estimates total expenses for upcoming year and assesses a Regular Assessment against each Lot. Board may revise during year. (Section 6.03)

Special assessments

Yes, for specific causes (e.g., willful/negligent acts, services benefiting few lots, construction of facilities). After Turnover Date, major alterations require 67% vote. (Section 6.05)

Collections & liens

Assessments are a lien on the Lot, can be foreclosed. Personal obligation of Owner at time due. (Section 6.02, 6.08)

Reserves & fees

Reasonable reserves as deemed appropriate by the Board (Section 1.04 (definition of Common Expen)

Use restrictions

Dwelling Unit defined as single-family residence; Property use limited to activities permitted in Troon North Declaration and this Declaration. (Section 1.08, Section 8.01)

Voting & meetings

One vote per Lot owned. Members cannot vote until Turnover Date (earlier of 20 years from Declaration or when Declarant elects to transfer control). (Section 2.04, Section 2.03(b))

Amendments

Before Turnover Date, Declarant may amend unilaterally. After Turnover Date, amendment requires affirmative vote of 67% of votes entitled to be cast. (Section 12.02)

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