Scottsdale Monterey

What Scottsdale Monterey's governing documents say

This is a single-family homeowners' association (HOA) in Scottsdale, AZ. This document is a board resolution that clarifies who pays the HOA's insurance deductible when damage occurs to units or common areas. It applies to all lot owners and the association.

• Insurance deductible responsibility: The resolution assigns responsibility for the association’s insurance deductible based on the type of damage. If damage is only to one unit, that owner pays the full deductible. If damage affects multiple units, each owner pays a share proportional to their unit's repair cost. If common areas are also damaged, the association pays a share proportional to common area repair costs. However, if damage is caused by the willful or negligent act of an owner, their guests, or invitees, that owner pays the entire deductible.
• Owner insurance requirements: Each owner is expected to be aware of the association's deductible amount and carry adequate insurance to cover it. The resolution advises owners to check with their insurance carrier to ensure their policy covers the deductible.
• What this document doesn't cover: This is a board resolution addressing only insurance deductibles. It does not contain the full declaration, bylaws, or other rules of the community. For information on assessments, pet restrictions, leasing, or other common HOA rules, refer to the full governing documents.

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.