Crystal Point Estates

Key facts from Crystal Point Estates's documents

Community type

Covenant / Planned Community

Legal name

Crystal Point Estates

Units / lots

20 (Lots 1 through 20 inclusive) as of 1992 (Declaration legal description)

Developer / declarant

Crystal Point Estates, Inc., an Arizona corporation as of 1992 (Declaration opening)

Governing law

Arizona law (not specifically cited, but jurisdiction of Maricopa County) as of 1992 (State of Arizona, County of Maricopa – a)

Assessments & dues

Board determines each year's assessment up to the maximum computed by CPI or 10% increase; excess requires 2/3 vote of Class A and Declarant vote if Class B exists. as of 1992 (Section 4.3)

Reserves & fees

25% of delinquent amount or $25.00, whichever is greater, plus interest at 12% per annum from due date. as of 1992 (Section 4.1)

Pets

Customary household pets only (dogs, cats, household birds); no livestock, poultry or other animals. as of 1992 (Section 5.3)

Leasing & rentals

Yes, but lease must be in writing, subject to Declaration and Bylaws. Minimum lease term of six months. No transient/hotel use. Copy of lease to Association. as of 1992 (Section 5.1(b))

Parking & vehicles

No commercial vehicles or RVs (including campers, boats, trailers) parked in front driveway visible from street. One boat allowed at dock. Boat trailers must be parked in enclosed garage. No parking on Tract H (street) except temporary gues as of 1992 (Section 5.10)

Fences

Prior to occupancy of the house on a Lot, a six foot high fence shall be constructed from the house to the side Lot lines and back along the Lot line to a point ending seven (7) to ten (10) feet from the Beach Easement Area. as of 1998 (Section 7.1(c) as amended)

Architectural approval

Yes, for construction of walkways across Beach Easement Area as of 1998 (Section 6.2(c)(4): 'Prior written approv)

Home business

Allowed if not visible/detectable from exterior, conforms to zoning, does not increase insurance, consistent with residential character, no unusual traffic. as of 1992 (Section 5.4)

Signs & flags

Commercial signs prohibited. One 'For Sale' or 'For Rent' sign per Lot, max 5 sq ft, on front side. Association may install signs for Ski Club/tournaments. as of 1992 (Section 5.4)

Maintenance

Owners adjacent to a Dock in which they benefit from the use are responsible for all maintenance, painting, repairs, replacements and restoration with the exception of the Bumpers on Lots 3 and 4 which shall be maintained entirely by the As as of 1998 (Section 3.1 as amended)

Use restrictions

All Lots for single family residential purposes only; business/trade restricted. as of 1992 (Section 5.1(a))

Voting & meetings

One vote per Lot; if multiple owners, they share one vote; Class A (Lot owners) one vote each; Class B (Declarant) three votes per Lot until conversion as of 1992 (Section 2.4)

Amendments

Section 8.7 requires instrument in writing executed by not less than 60% of Lots and by Declarant if Class B membership exists; also requires approval of Eligible First Mortgagees holding 51% of votes of Lots subject to First Mortgagees hel as of 1998 (Recital C)

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