Pinnacle Estancia Retreats

What Pinnacle Estancia Retreats's governing documents say

This document is a Declaration of Covenants, Conditions, and Restrictions for Pinnacle Estancia Retreats, a commercial/office/retail development in Scottsdale, AZ, consisting of multiple parcels (Lot 1, Lot 2, and Tract A). It establishes cross easements for access, parking, utilities, and stormwater detention, and creates an owners' association (Troon North Office/Retail Village Owners’ Association) to manage and maintain common areas. This is not a residential community; the rules bind commercial property owners and their tenants.

• Cross easements for access & parking: Perpetual, non-exclusive easements for vehicular and pedestrian ingress/egress across Tract A and between parcels, including two curb cuts on Dynamite Boulevard. Parking easements allow two-axle passenger vehicles and trucks under six tons on designated areas, subject to exclusive licenses Declarant may grant.
• Utility easements: Perpetual, non-exclusive easements for underground water, sewer, and force main lines serving the parcels. Owners cannot use easements exclusively serving another parcel, and the Association may relocate easements with restrictions (e.g., no service disruption between 8 a.m. and 11 p.m. for over 8 hours).
• Stormwater detention easement: A perpetual, non-exclusive easement on Tract A for stormwater conveyance and detention benefiting all parcels.
• Maintenance responsibilities: The Association maintains access/parking easements, water/sewer infrastructure on Tract A, and the detention area. Cost of detention maintenance is split: Lot 1 (25%), Lot 2 (75%). If an owner defaults, others may step in and recover costs plus 12% interest, secured by a lien.
• Insurance requirements: Each parcel owner must maintain commercial general liability insurance with a minimum $2,000,000 per occurrence, including a waiver of subrogation. The Association also carries liability coverage on common areas and names all owners as additional insureds.
• Parking license on Lot 1: The owner of Lot 1 grants a revocable license to Lot 2 and the Association to park two-axle vehicles and trucks under six tons on Lot 1 after 6 p.m. weekdays and all day weekends, subject to the Association maintaining insurance and hardscape in good condition.
• Enforcement & remedy: Any owner or tenant may seek an injunction for violations. The prevailing party in litigation recovers attorneys' fees and costs. Monetary damages are limited to the breaching owner's interest in their parcel.
• Association & assessments: The Association (Troon North Office/Retail Village Owners’ Association) levies assessments to maintain common areas and reserves. Delinquent assessments become a lien on the parcel and a personal obligation of the owner at the time levied, enforceable by judicial foreclosure.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.