Brenna Park

Key facts from Brenna Park's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned residential community (Recital B)

Governing law

Arizona Revised Statutes (referenced in Section 1.21 for trust definition) (Section 1.21)

Assessments & dues

Maximum $900 per year ($75 per month) prior to January 1 of the year following first lot conveyance. (Section 7.8)

Special assessments

Requires affirmative vote of two-thirds of each class of members, unless the special assessment does not cause the maximum allowable assessment to be exceeded for that year. (Section 7.9)

Collections & liens

Unpaid assessments (including interest, costs, attorneys' fees, late charges) constitute a lien on the Owner's Lot, subordinate only to a first mortgage lien for assessments accruing before mortgagee takes possession. Lien may be foreclosed (Sections 7.4, 7.6)

Reserves & fees

Board shall establish and maintain a Reserve Fund adequate for periodic maintenance, repairs and replacements of landscaping, Rights of Way and Common Areas. Funded from regular assessments. (Section 7.1)

Insurance

Association maintains multi-peril property insurance (fire, extended coverage, etc.) on Common Areas at 100% replacement cost; comprehensive public liability insurance ($1,000,000 per occurrence); boiler insurance (if applicable); fidelity (Section 10.2)

Voting & meetings

Class A members (all Owners except Designated Builder): one vote per Lot. Class B members (Designated Builder): three votes per Lot owned. (Section 4.3)

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