Hayden Ferry Lakeside

What Hayden Ferry Lakeside's governing documents say

Hayden Ferry Lakeside is a master-planned, mixed-use community in Tempe, AZ, governed by this Master Declaration. It creates a Master Association that oversees common areas and design review for the entire development, while subordinate subsidiary associations handle sub-areas like residential neighborhoods. This document applies to all property owners in the master plan and sets the overarching rules; detailed residential restrictions are in separate subsidiary declarations.

• Community structure & governance: A Master Association (Hayden Ferry Lakeside Master Association) manages common areas and enforces the Master Declaration. Subsidiary Associations may be formed for specific parcels or neighborhoods, each with its own declaration that must be subordinate to this Master Declaration.
• Design review & approvals: All improvements (buildings, landscaping, signs, etc.) require approval by the Design Review Committee (or the Board) according to Master Design Guidelines. Interior changes not visible outside do not need approval. The committee can also enforce maintenance standards.
• Assessments & fees: The Master Association levies Regular Assessments, Special Assessments (e.g., for capital improvements), and Reimbursement Assessments. Assessments are per Parcel (not per unit) and are secured by a lien. The Board cannot borrow more than $50,000 without majority owner approval (plus Declarant consent during the Period of Declarant Control).
• Voting & membership: Each Owner has Memberships based on square footage of allowed development (e.g., 1 Membership per 1,000 sq ft for office/retail/condo uses). Declarant has Class B membership with triple votes until the earlier of the end of Declarant Control, December 31, 2026, or voluntary conversion. Owners lose voting rights if assessments are unpaid.
• Land use & development: The Property is designated for mixed uses (office, retail, hotel, condominiums) as shown on approved PADs and Final PADs. Uses must be consistent with the Permitted Land Use. Declarant retains the right to annex additional land and modify plats and PADs during the Period of Declarant Control.
• Easements & maintenance responsibility: The Master Association has easements over all Parcels for maintenance of Common Areas, Areas of Common Responsibility, and utility systems. Owners grant nonexclusive use of Common Areas to themselves and their occupants. The Master Association may also perform maintenance for subsidiary associations at their expense if they default.
• What this document doesn't cover: This Master Declaration does not specify pet limits, lease term minimums, age restrictions, parking rules, or specific residential use restrictions. Those details are left to Subsidiary Declarations for each sub-area.

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.