Lazy Creek I Homeowners Association

What Lazy Creek I Homeowners Association's governing documents say

Lazy Creek I Homeowners Association is a single-family home subdivision in Tucson, AZ. This document is the association's Articles of Incorporation — its corporate charter — which establishes the non-profit corporation and its basic structure. The actual rules for residents (like maintenance, architectural control, assessments) are set out in the separate Declaration of Covenants, Conditions and Restrictions (CC&Rs) and the By-Laws.

• What this document covers: The Articles of Incorporation create the homeowners association as a non-profit corporation. Its purposes include promoting health, safety, welfare of members, and providing for maintenance, preservation, and architectural control of dwelling units and common areas in Lazy Creek I subdivision.
• Membership & assessments: Membership qualifications, voting rights, and liability for dues and assessments are not detailed in these Articles but are provided for in the Declaration and By-Laws, which should be consulted for specifics.
• Board of directors: The initial board consists of five directors, with names and addresses listed. The number of directors thereafter is fixed by the By-Laws. Directors serve until the first annual meeting or until successors are elected.
• Amendments: These Articles may be amended, altered, or repealed only by the affirmative vote of 75% of the members.
• Dissolution: The association may be dissolved with the written assent of not less than two-thirds (2/3) of each class of members. Assets would be distributed among members according to their rights, unless held in trust.
• FHA/VA approval requirements: As long as there is a Class B membership, actions such as annexation, mergers, mortgaging of common area, dedication, dissolution, and amendment of these Articles require prior approval of the Federal Housing Administration or Veterans Administration.
• Governing documents hierarchy: If any provision of the Articles conflicts with the Declaration, or with rules of FHA, VA, or Freddie Mac, the Declaration or those rules prevail. The corporation cannot take action inconsistent with the Declaration.
• What this document doesn't cover: This document does not contain specific rules for residents, such as lease restrictions, pet limits, parking, or use of common areas. Those are found in the community's Declaration of Covenants, Conditions and Restrictions (CC&Rs) and By-Laws.

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.