Fairway Villas at Villa De Paz

Key facts from Fairway Villas at Villa De Paz's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Fairway Villas at Villa de Paz Homeowners Association

Units / lots

At least 33 (references to Lots 1-33 implied) (Section 8.1.8 (Lots 15-20, 24-33))

Developer / declarant

103RD FAIRWAY VILLAS, LLC, an Arizona limited liability company (Preamble)

Governing law

Arizona Revised Statutes (references to ARS 33-1803, 33-1808) (Sections 3.1.3, 8.1.12)

Assessments & dues

Prior to fiscal year ending Dec 31, 2006: $1,500 per Lot per year ($125 per month) (Section 6.3.1)

Special assessments

For capital improvements: requires approval of at least two-thirds of votes represented at a meeting, in each class of Members (Section 6.4)

Collections & liens

Association has a lien on each Lot for unpaid Assessments and other charges; may foreclose by suit or power of sale; lien subordinate to first mortgages (Sections 6.9.2, 6.10)

Reserves & fees

Association shall establish reasonable reserves for replacements, maintenance and contingencies (Section 6.2)

Pets

Yes (Section 8.1.14)

Leasing & rentals

Yes, leasing of a Lot with improvements to a single family is permitted (Section 8.1.1)

Parking & vehicles

No motor vehicle exceeding 1 ton, mobile home, trailer, boat, boat trailer, etc. may be parked/stored visible from neighboring property except certain pickup trucks (1 ton capacity, height ≤7 ft) and mini motor homes (height ≤7 ft, length ≤ (Section 8.1.16)

Fences

Party walls and fences: joint use, repair obligations; if wall adjacent to Common Area considered party wall with Association; walls adjacent to street or non-Lot property solely Owner's responsibility (Section 8.1.21)

Architectural approval

Prior written approval of Architectural Committee required for any improvement altering exterior appearance, including fences, walls, structures, exterior color schemes, landscaping changes, etc. (Sections 8.1.1, 8.1.5, 8.1.6)

Home business

Permitted subject to restrictions: not apparent or detectable from outside, no clients coming to Lot, only inside Dwelling Unit, max 20% floor area, no storage for off-site business, etc. (Section 8.1.2)

Signs & flags

No signs except small name address sign (9" x 30"), political signs allowed 45 days before election to 7 days after, subject to regulation per A.R.S. 33-1808; Declarant may erect signs during construction (Section 8.1.12)

Maintenance

Association responsible for Common Areas, Front Yard landscaping, public sidewalks, cluster mailboxes, access gates (Section 1.5); Owner responsible for Lot and improvements, and for Side Yard Boundary Wall repairs (Section 3.4); Associatio (Sections 1.5, 3.4, 4.11)

Use restrictions

All Lots shall be used, improved and devoted exclusively to single family residential use (Section 8.1.1)

Voting & meetings

Two classes: Class A (each Owner one vote per Lot) and Class B (Declarant three votes per Lot owned until conversion) (Section 5.2)

Amendments

Not fully specified; for Exempt Property, amendment requires approval of affected owners (Section 1.20); for changes to Common Area use, majority vote or 10% objection (Section 4.7); general amendment by recording? (Sections 1.20, 4.7)

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