Colter Commons

Key facts from Colter Commons's documents

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

Community type

Single family dwelling units (Introduction B)

Legal name

Colter Commons Homeowners Association, an Arizona non-profit corporation (Section 1.8)

Special assessments

May be levied for defraying cost of construction, reconstruction, repair or replacement of an Improvement upon Common Area. Requires approval by Members holding more than 2/3 of votes present at meeting; also requires Declarant approval whi (Section 4.4)

Reserves & fees

Assessments shall include reasonable amount allocated as reserves for future periodic maintenance, repair or replacement of Improvements on Common Area. Reserves deposited in separate bank account, segregated from other funds. (Section 4.10)

Pets

Dogs, cats, fish, birds or similar household pets may be kept on Lot if kept as domestic pets and not for commercial purposes. (Section 8.15)

Home business

Owner may use residence for business purposes that: (i) use minimal portion of residence; (ii) do not result in business meetings, appointments, gatherings, group home, daycare; (iii) do not involve shipping/receiving; (iv) do not involve a (Section 8.2)

Voting & meetings

Class A Memberships: one vote per lot for Owners (other than Declarant). Class B Memberships: Declarant gets three votes per lot. Class B converts to Class A on earliest of: (a) 90 days after Class A votes equal Class B votes; (b) Declarant (Section 3.8)

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