Creekwood Ranch Homeowners Association

What Creekwood Ranch Homeowners Association's governing documents say

Creekwood Ranch is a homeowners association (HOA) in Sun Lakes, AZ. This document is a Board resolution imposing a transfer fee on most home sales, not the full set of community rules. The text is partially garbled from OCR, but key details are extractable.

• Transfer fee: When you buy a home from anyone other than the original developer (Declarant), you must pay a transfer fee equal to 1/6th of the annual HOA assessment. The fee is deposited into reserves immediately.
• Transfer fee exemptions: No fee is charged for transfers due to inheritance (devise or intestate succession), between builders or affiliates, to a family trust or estate-planning entity, to a corporation where the grantor owns a majority interest (unless the board finds the transfer was to avoid the fee), or resulting from foreclosure or trustee's sale.
• What this document doesn't cover: This resolution only addresses the transfer fee. It does not cover other HOA rules like architectural standards, pet policies, leasing restrictions, or parking; those are found in the full Declaration of Covenants, Conditions and Restrictions (CC&Rs) and other 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.