Quail Springs Homeowners Association

Key facts from Quail Springs Homeowners Association's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (title page; Section 1.1)

Legal name

Quail Springs Homeowners Association (title page; Section 1.1)

Developer / declarant

Referenced but not named; holds Class B Membership with special assessment obligations and FHA/VA-related amendment veto rights (Sections 4.1, 5.3, 7, 8.3)

Governing law

Arizona non-profit corporation laws (Section 1.3: 'an Arizona non-profit corp)

Assessments & dues

Not a fixed amount; each Lot pays its pro-rata share of the total annual Assessment in the proportion required by the Declaration (Section 5.3)

Special assessments

Additional monthly or quarterly Assessments to meet Common Expenses require approval by Owners representing at least two-thirds of the votes of each class voting in person or by proxy at a duly called meeting (Section 5.6)

Collections & liens

Assessments plus interest and costs of collection constitute a continuing lien upon the assessed Lot (Section 5.10)

Reserves & fees

Annual budget must provide a reserve for contingencies and an adequate reserve for maintenance, repairs, and replacements of Common Areas requiring periodic replacement (Section 5.2)

Leasing & rentals

Not generally addressed for Owners; Declarant-owned Lots may be rented, leased, or occupied by third parties for residential uses, with Declarant liable for the full Assessment on such Lots (Section 5.3)

Maintenance

Board maintains, repairs, and improves Common Areas; pays utility costs not metered/billed to individual Lots; pays taxes and assessments that are liens against the Project other than individual Lots and assesses same against affected Lots (Sections 3.11(E), (G), and (H))

Voting & meetings

Voting Member defined as a member and/or entity entitled to vote at a meeting (Section 2.5)

Amendments

Bylaws may be amended by two-thirds of all Members at a regular or special meeting (Article VII)

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