Legacy @ Gilbert Commons

Key facts from Legacy @ Gilbert Commons's documents

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

Community type

Homeowners' Association (Section 1.4)

Units / lots

119 (Lots 56-174 inclusive) (Recitals A)

Developer / declarant

CHI Construction Company, an Arizona corporation (Opening paragraph)

Special assessments

May be levied for capital improvements or operating costs with 2/3 vote of each class. (Section 6.7)

Collections & liens

Claim of lien may be filed for unpaid assessments. Lien subordinate to first mortgage. Foreclosure by court action or power of sale under trust deed. Owner waives objection. (Section 6.11-6.12)

Reserves & fees

Capital Reserve Fund used for reserves. Board to obtain reserve studies (advisory only). (Sections 6.2, 6.4)

Pets

Reasonable number of house or yard pets allowed, but no commercial purposes, no excessive noise/nuisance, no structures visible from neighboring property. (Section 8.1(n))

Leasing & rentals

Leasing permitted with minimum term of 30 days. Copy of lease must be provided to Association. Tenant must abide by Declaration and rules. (Section 8.1(a))

Fences

Party wall/fence rules in Section 8.1(t): shared maintenance, no structural impairment without Board consent, walls adjacent to common areas considered party walls with Association. (Section 8.1(t))

Architectural approval

Prior written approval required for any structure, improvement, alteration, excavation, change in exterior appearance, color scheme, building materials. (Sections 8.1(a), 8.1(d))

Signs & flags

Only name/address sign (9"x30"), one temporary sale/rent sign (5 sq ft), and Declarant construction signs. Association signs allowed. (Section 8.1(k))

Insurance

Each Owner responsible for coverage on his Lot and improvements. (Section 9.1)

Use restrictions

All Lots used exclusively for single family residential use. (Section 8.1(a))

Voting & meetings

Class A (all Owners except Declarant): one vote per Lot. Class B (Declarant): three votes per Lot owned. Class B converts to Class A when Class A votes equal Class B or on December 31, 2010. (Section 5.2)

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