Canyon Village at DC Ranch

Key facts from Canyon Village at DC Ranch's documents

Community type

Commercial District as of 2007 (Paragraph 6)

Legal name

Canyon Village at DC Ranch

Developer / declarant

DC RANCH L.L.C., an Arizona limited liability company as of 2009 (Recitals, page 1)

Assessments & dues

Based on proportionate share of Floor Area - each Owner pays multiplied by ratio of its gross square footage to total gross square footage in Canyon Village Parcel as of 2007 (Paragraph 10(f))

Special assessments

Common Area damage caused by Owner assessed for entire uninsured cost; otherwise shared proportionally as of 2007 (Paragraph 10(i))

Collections & liens

Assessment Lien defined in Paragraph 17(f); lien may be foreclosed (referenced in Paragraph 10(g) and 1(a)) as of 2007 (Paragraph 1(a), 10(g), 17(f))

Reserves & fees

Common Area Maintenance Expenses include reasonable reserves as approved by Developer as of 2007 (Paragraph 1(c) definition of Common Area)

Leasing & rentals

Not explicitly restricted; Tenant definition includes any person occupying under rental arrangement as of 2007 (Paragraph 1(t))

Parking & vehicles

Minimum 4 parking stalls per 1,000 sq ft Floor Area; Developer can designate restricted parking and adopt rules as of 2007 (Paragraph 11(a) and 11(b))

Architectural approval

All construction, alterations, and signs require approval of Covenant Commission; Developer also approves certain alterations as of 2007 (Paragraph 8(a), 8(b), and 8(c))

Signs & flags

All signs must comply with sign program adopted by Developer; no sign permit without Developer's written consent as of 2007 (Paragraph 8(a)(1) and 8(d))

Setbacks / home size

Not explicitly stated in this document; must comply with all governmental laws and Covenant as of 2007 (Paragraph 8(a))

Maintenance

Owner maintains its Building (includes roof) as of 2007 (Paragraph 9)

Insurance

Developer obtains general public liability insurance for Common Area with combined single limit at least $3,000,000; also property insurance for Common Area improvements at 100% replacement cost as of 2007 (Paragraph 10(b) and 14(b))

Use restrictions

Residential, industrial, and manufacturing uses are prohibited as of 2007 (Paragraph 1(o)(q))

Amenities

Common Area includes parking, walkways, landscaping, lighting, etc.; no specific amenities like pool or clubhouse listed as of 2007 (Paragraph 10(a) list)

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