Agua Fria Ranch

Key facts from Agua Fria Ranch's documents

Community type

Covenant / Planned Community

Developer / declarant

Sivage-Thomas of Arizona, Inc., a New Mexico corporation (Opening paragraph)

Governing law

Arizona Revised Statutes (A.R.S. §§ 33-741 et seq., 33-801 et seq.) (Section 1.27 and Section 1.27)

Assessments & dues

Board prepares annual budget of Common Expenses at least 30 days before Assessment Period, then levies equal Regular Assessment on each Assessable Lot. (Section 7.2)

Special assessments

For capital improvements or unbudgeted expenses; requires approval by two-thirds of votes entitled to be cast at a meeting and Declarant's written consent while Declarant owns any Lot; levied equally on Assessable Lots. (Section 7.3)

Collections & liens

Assessments create a continuing lien on the Lot; personal obligation of Owner; costs including attorneys' fees included (Section 7.1)

Reserves & fees

Board may include contributions to a reserve fund in the budget (Section 7.2 "including any contribution )

Pets

Reasonable number of dogs, cats, parakeets or similar household birds kept as domestic pets; no commercial breeding. (Section 4.8)

Leasing & rentals

Owner may lease entire Lot and Residence; no less than entire Lot; must be in writing, subject to Community Documents. (Section 4.21)

Parking & vehicles

Contractor, subcontractor, supplier or vendor vehicles may not park overnight on a Lot, Street, or Common Area. (Section 4.12 "No Motor Vehicle of a cont)

Fences

All screening materials (fences, hedges, walls) must be maintained and replaced by Owners in accordance with original construction or as approved by DRC. (Section 4.22)

Architectural approval

Design Review Committee must approve or disapprove within 45 days after complete application and fee submitted; if no action, approval deemed given. (Section 3.1)

Home business

Permitted if conducted inside Residence, not apparent from outside (sight/sound/smell), no customer visits, no flammable/hazardous materials beyond customary residential, no employees who are not residents, no door-to-door solicitation, com (Section 4.1)

Maintenance

Association responsible for Areas of Association Responsibility: Common Area, center landscaped median in Agua Fria Ranch Parkway, and payment to Town for park maintenance for first 3 years after Common Area transfer. Owner responsible for (Sections 1.1, 8.1, 8.2)

Use restrictions

All Residences shall be used exclusively for residential purposes (Section 4.1)

Voting & meetings

Class A: one vote per Lot owned by non-Declarant; Class B: Declarant gets three votes per Lot owned. Class B terminates when Class A votes exceed Declarant votes or 5 years after recording, whichever earlier. (Section 6.7)

Amendments

Article 11 Section 11.3 referenced but text not provided; Table of Contents shows duration, termination, amendments, condemnation, interpretation, severability. (Table of Contents)

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