Santuario Homeowners Association

Key facts from Santuario Homeowners Association's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Arizona nonprofit homeowners association corporation (Santuario Homeowners Association (the 'A)

Legal name

Santuario Homeowners Association

Developer / declarant

Declarant appoints the Board until the Transition Date and holds Class B membership (Declarant shall appoint the Directors at)

Governing law

Arizona nonprofit corporation law (specific title/chapter not stated) (organized and existing under and by virt)

Assessments & dues

Board prepares an estimated annual budget for each fiscal year, considering estimated Common Expenses, cash requirements, net income from Common Areas, reserve for contingencies, reserve for periodic maintenance/repairs/replacements, and pr (Article V, Section 2)

Collections & liens

Association may bid in at any foreclosure or trustee's sale and purchase, acquire, hold, lease, mortgage, and convey any Lots purchased (Article VI)

Reserves & fees

Annual budget must provide a reserve for contingencies and an adequate reserve for maintenance, repairs, and replacements of Common Areas replaced periodically, as determined by the Board (Article V, Section 2)

Voting & meetings

Members' voting rights are as provided in the Declaration (Article II, Section 6)

Amendments

Bylaws may be amended by affirmative vote of a majority of the Board and may not be amended to conflict with the Declaration or Articles; conflicting provisions are void to the extent of the inconsistency (Article VII)

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