Monument Vista Homeowners Association

Key facts from Monument Vista Homeowners Association's documents

Reflects the 1996 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single Family Residential (Section 2.01)

Legal name

Monument Vista Homeowners Association

Units / lots

106 (Property description: Lots 1 through 106)

Developer / declarant

TITLE GUARANTY AGENCY OF ARIZONA, INC., an Arizona corporation, as Trustee under Trust No. T-1283 (Preamble)

Assessments & dues

Maximum $50 per lot until January 1 of year following first lot conveyance. (Section 9.03 A)

Special assessments

Allowed for construction, reconstruction, repair or replacement of Common Area improvements; requires 2/3 vote of each class. (Section 9.04)

Collections & liens

Assessments are a charge on the Lot and personal obligation of owner; delinquent assessments plus interest, costs, attorneys' fees become a lien. (Section 9.01)

Reserves & fees

Association may establish reserves but due to nature of improvements, a reserve fund is not anticipated; repairs by special assessment. (Section 6.04 G)

Pets

Yes, but only generally recognized house or yard pets, not for commercial purpose, not a nuisance. (Section 2.05)

Leasing & rentals

Yes, each Owner has right to lease or rent dwelling unit. (Section 2.02)

Architectural approval

Yes, for all structures, improvements, attachments, alterations, final grade changes, and landscaping (except on Common Areas) – complete plans and specifications must be submitted to Architectural and Landscape Review Committee for prior w (Section 4.02)

Home business

Prohibited, except Declarant/Developer may maintain sales offices, construction offices, and sales models. (Section 2.01)

Insurance

Association shall purchase Commercial General Liability and Property Insurance covering Common Areas, with combined single limit at least $1,000,000, and Workmen's Compensation insurance. (Section 7.01)

Use restrictions

Dwelling Units used solely for private single family residential use of Owner, family, tenants, social guests; no gainful occupation or trade. (Section 2.01)

Voting & meetings

Class A (all Owners except Declarant): one vote per Lot; Class B (Declarant): three votes per Lot owned. Class B ceases when votes equal or 3 years after first lot conveyance. (Section 6.02)

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