Verde Homeowners Association

Key facts from Verde Homeowners Association's documents

Reflects the 1968 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

non-profit property owners association (Preamble (Know All Men... forming a non-)

Legal name

COLONIA VERDE HOME OWNERS ASSOCIATION

Governing law

Laws of the State of Arizona (Preamble and Article I)

Assessments & dues

Not set; authority to collect dues, fees, charges, assessments (Article IV-C)

Special assessments

Not specifically mentioned; general assessment power (Article IV-C)

Maintenance

Not detailed; power to own and operate common facilities indicates association responsible for common elements (Article IV-D)

Use restrictions

Implied by purpose to promote health, safety, welfare of residents (Article IV-A)

Voting & meetings

One vote per lot or living unit; joint owners must act jointly (Article X (second paragraph))

Amendments

Amendment requires affirmative vote of more than two-thirds of members present at a meeting with proper notice (1972 amendment states this); also must be filed with Corporation Commission (1972 amendment preamble (page 13); also )

Amenities

Recreation parks, playgrounds, swimming pools, golf course, commons, water facilities, etc. (Article IV-D)

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