Verde Homeowners Association

What Verde Homeowners Association's governing documents say

This is the incorporation document for Colonia Verde Home Owners Association, a standard homeowners association (HOA) in Pima County, AZ. It legally creates the nonprofit corporation that will govern the community, but it does not contain the detailed rules (CC&Rs) that residents must follow. Homeowners in this community automatically become members of the association.

• What this document is: These are the Articles of Incorporation (and amendments) that formally establish the HOA as a nonprofit corporation. They define the association’s purpose, structure, and membership, but they do not set day-to-day rules for residents.
• Who is a member: Membership is automatic for all owners of lots or living units in the described property. Purchasers under contract also become members. Each lot has one vote, exercised jointly if multiple owners.
• Association purpose: The HOA exists to promote health, safety, and welfare; enforce future covenants and restrictions; collect assessments; and maintain common amenities like parks, pools, and streets.
• Board of Directors: The board has 3 to 25 directors, who must generally be fee-simple owners. Directors serve staggered terms up to 3 years (per 1972 amendment). Developers may appoint non-owner directors during the development period.
• Corporate existence: Originally 25 years, but amended in 1989 to be perpetual.
• Liability of directors: Directors’ personal liability for monetary damages for breach of fiduciary duty is eliminated or limited to the maximum extent allowed by Arizona law (1989 amendment).
• What this document doesn't cover: This document is not the full set of community rules. It does not address pet limits, leasing restrictions, parking rules, age restrictions, or specific fee amounts. Those are in the separate Declaration of Covenants, Conditions & Restrictions (CC&Rs) and bylaws.

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.