Cortessa Parcels 16, 17, and 18
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What Cortessa Parcels 16, 17, and 18's governing documents say
This is a Neighborhood Declaration for Cortessa Parcels 16, 17, and 18—a neighborhood-specific addendum to the Cortessa master-planned community in Scottsdale, Arizona. It's not a standalone rulebook. The neighborhood has no separate association; it's managed by the master Cortessa Association under both this document and the Master Declaration. For comprehensive community rules on pets, leasing, architectural review, and other policies, consult the Master Declaration.
- Document scope & relationship to Master Declaration: This Neighborhood Declaration is a subordinate addendum addressing governance, common areas, and neighborhood-specific assessments for these three parcels. For rules on pets, lease restrictions, architectural guidelines, age limits, and other community policies, you must review the Master Declaration and association design guidelines.
- Neighborhood Common Areas & maintenance: The neighborhood includes common areas (roads, gates, landscaped areas, walls) maintained by the master Cortessa Association and funded through neighborhood assessments. These areas are distinct from and in addition to the broader community's common areas.
- Regular assessments & capital reserves: All owners pay a uniform Neighborhood Assessment per lot to fund neighborhood maintenance. First-time buyers from the builder also pay a one-time Neighborhood Capital Reserve Assessment equal to two months of the annual assessment, held in reserve for future repairs and capital improvements.
- Special assessments, penalties & access suspension: The board may levy special assessments for capital improvements with 75% owner approval (and developer consent while the developer holds a Class B Membership). Assessments unpaid more than 30 days after due incur a penalty of the greater of 10% or $15, plus 18% annual default interest. Delinquent owners may have voting rights and common-area access suspended (except for necessary access to their lot).
- Gated access & security liability: The association may operate gated access-control systems funded through assessments. Residents assume all risk that gates will not prevent unauthorized entry or may delay emergency vehicles; the association and developer provide no security guarantee and disclaim all liability.
- Amendment procedures & term extension: The declaration runs initially for 20 years from the Master Declaration's recording date, then automatically extends for 10-year periods. Amendments require 75% owner approval plus developer consent (while the developer holds a Class B Membership). Termination requires 90% owner approval and approval from mortgage lenders on 75% of lots.
Key facts from Cortessa Parcels 16, 17, and 18's documents
- Community type
- HOA (Section 2: "the Association shall have a)
- Developer / declarant
- Stardust Development, Inc., an Arizona corporation (Opening paragraph, page 1)
- Assessments & dues
- Not fixed; determined annually by Board based on budget for Neighborhood Expenses. (Section 5.2.1 (page 5): "The amount of t)
- Special assessments
- Special Neighborhood Assessments require prior written consent of Declarant (if Class B holds), 75% vote of each class within Neighborhood Property, and Designated Builder consent if still owns lots (unless in default) (Section 5.3.1)
- Collections & liens
- Neighborhood Assessments are secured by the Assessment Lien described in the Master Declaration. (Section 5.1 (page 5))
- Reserves & fees
- Neighborhood Capital Reserve Assessments are kept in a separate capital reserve fund and used only for reconstruction, replacement, or non-routine maintenance of Neighborhood Common Area improvements. (Section 5.4 (page 7))
- Signs & flags
- Declarant or Designated Builder may maintain signs for sale, lease, or disposition, subject to limitations in Design Guidelines or as reasonably agreed. (Section 1.3.3 (page 3))
- Maintenance
- Association has maintenance obligations for Neighborhood Common Areas as per Master Declaration Section 10; Neighborhood Expenses include maintenance, repair, replacement, operation, administration of Neighborhood Common Areas (Section 3.3 and 7.1)
- Voting & meetings
- Voting rights of Owners in Neighborhood Property may be suspended for delinquent assessments or other default; special Neighborhood Assessments require vote of 75% of each class within Neighborhood Property (with Declarant consent if Class (Section 4.1.1 and Section 5.3.1)
- Amendments
- Amendment requires affirmative vote or written consent of Members holding 75% of votes entitled to be cast and consent of Declarant so long as Class B Membership exists. (Section 9.2 (page 10-11))
About this HOA
Cortessa Parcels 16, 17, and 18 is a homeowners association in Scottsdale, AZ.
HOAproxy has 2 documents on file for Cortessa Parcels 16, 17, and 18: 1 amendment and 1 CC&R. Last updated 2026-07-18.