The Courtyards at Diamante Del Lago

Key facts from The Courtyards at Diamante Del Lago's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

HOA (Section 1.3, Section 1.6 (Common Areas o)

Legal name

The Courtyards at Diamante Del Lago Homeowners Association, Inc. (Section 1.3)

Governing law

Arizona Revised Statutes, Section 33-801 et seq. (Section 1.22)

Assessments & dues

Maximum initial annual assessment $74 per Owner (or $60-$90 per month) (Section 7.8)

Special assessments

Allowed for capital improvements or unanticipated expenses; requires affirmative vote of two-thirds of each class of Members unless assessment does not exceed maximum allowable (Section 7.9)

Collections & liens

Unpaid assessments become a lien on the Lot, subordinate to first mortgage; can be foreclosed as realty mortgage in Arizona (Section 7.4, Section 7.6)

Reserves & fees

Board may establish and maintain a reserve fund from regular assessments for contingencies, replacements, etc. (Section 7.1)

Architectural approval

Yes; Property subject to jurisdiction of Master Committee of Architecture (Plat 101 and Lakeside Village); Association also has Architectural Committee (Section 14.1, Section 14.6)

Setbacks / home size

Controlled exclusively by this Declaration, Plat, and zoning (not by Pages from Plat 101 or Lakeside Declaration) (Section 14.1)

Maintenance

Owner: Lot and improvements; Association: Common Areas, landscaping within Rights-of-Way (Section 13.1, Section 13.2, Section 13.3)

Insurance

Multi-peril (fire, extended coverage, etc.) at 100% replacement cost; comprehensive liability ($1,000,000 per occurrence); fidelity bond; boiler insurance if applicable; workers comp as required (Section 10.2)

Use restrictions

Implied by creation of planned residential community; not explicitly stated (Recitals)

Voting & meetings

Two classes: Class A (Owners) - 1 vote per Lot; Class B (Designated Builder/Declarant) - 3 votes per Lot until conversion. Weighted voting. (Section 4.3)

Amendments

Not explicitly stated in provided text; likely requires owner vote and possibly mortgagee approval (Implicit in Section 18 (not fully provid)

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