Maracay at Pecos

Key facts from Maracay at Pecos's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Crosscreek Homeowners Association (or such other name as Declarant deems appropriate) (Section 1.6)

Units / lots

64 (Lots 1-55 Unit I, Lots 56-64 Unit II) (Recitals)

Developer / declarant

Maracay McQueen, L.L.C.

Governing law

Arizona Revised Statutes (A.R.S.) referenced (Section 1.22 (A.R.S. 33-801))

Assessments & dues

Board annually determines and fixes amount after adopting budget; notice to owners at least 30 days before commencement. (Section 4.3(a))

Special assessments

May be levied for capital improvements or other lawful purposes with assent of 2/3 of votes of each class voting in person or by proxy. (Section 4.4)

Reserves & fees

Annual Assessments include a reasonable reserve fund for taxes, insurance, maintenance, repairs, and replacement; funds deposited in federally insured Reserve Account(s) segregated from operating accounts. (Section 4.3)

Pets

A reasonable number of generally recognized house or yard pets are allowed. (Section 5.5)

Parking & vehicles

Only vehicles in operating condition shall be parked in residential driveways; non-operating vehicles not permitted unless repairs imminent. (Section 5.9 (second and third paragraphs)

Home business

Permitted if not apparent from outside, conforms to zoning, no customer visits, no solicitation, consistent with residential character, and not a nuisance. (Section 5.3 (exception))

Signs & flags

Only allowed: one 80 sq in residential ID sign, signs required by legal proceedings, one 80 sq in security sign, one 5 sq ft for-sale/for-rent sign, and Declarant's signs. (Section 5.19)

Use restrictions

All Lots shall be used, improved, and devoted exclusively to Single Family residential use. (Section 5.3)

Voting & meetings

Class A (owners) 1 vote per lot; Class B (Declarant) 3 votes per lot. Class B converts to Class A upon earlier of: (a) 60 days after 75% lots conveyed; (b) Declarant written notice; (c) January 1, 2010. (Section 3.7)

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