Twelve Hundred River Road Homeowners' Association

What Twelve Hundred River Road Homeowners' Association's governing documents say

Twelve Hundred River Road is a condominium community in Tucson, AZ — you own your unit and share common elements. This document is a single amendment to the community's governing rules, not a full rulebook. It gives the homeowners association the power to borrow money and use future common expense assessments as collateral for loans.

• Association financing & assessments: This amendment (approved by 67% of unit owners) adds Section 4.1.4 to the Declaration, authorizing the Association to borrow money and assign its right to future income — including common expense assessments — as security for loans, for any legally permissible purpose (such as maintaining, repairing, or replacing common elements).
• What this document doesn't cover: This is only an amendment. Other rules — like leasing minimums, pet limits, parking, architectural review, or age restrictions — are not included here. For the full set of community rules, you must refer to the original Amended and Restated Declaration and any other governing documents.

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.