Morada

Key facts from Morada's documents

Reflects the 2016 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (HOA) - planned community with Lots and Common Area (Section 1.2, 1.13, 1.26)

Governing law

Arizona Revised Statutes (A.R.S.) (Section 1.30 (references A.R.S. §§33-741)

Assessments & dues

Set annually by Board based on budget; equal for each Assessable Lot (Section 7.2)

Special assessments

Requires approval of two-thirds (2/3) of voting Members and Declarant’s written approval while Declarant owns any Lot (Section 7.3)

Collections & liens

Assessment Lien created and imposed by Article 7 (Section 1.6, Article 7)

Reserves & fees

Board may determine allocations to reserves as part of Common Expenses (Section 1.14, 7.2)

Pets

Yes; reasonable number of dogs, cats, parakeets, similar household birds as domestic pets (Section 4.11)

Leasing & rentals

Yes; entire Lot and Residence, initial term at least one month (Section 4.22)

Parking & vehicles

Limited; allowed only if no space in garage or driveway (Section 4.15)

Architectural approval

Yes, for any Construction or Modification (Section 3.1)

Home business

Allowed subject to nine conditions: no outside visibility, no customer visits, no employees non-resident, etc. (Section 4.1)

Use restrictions

Yes; all Lots and Residences shall be used exclusively for residential purposes (Section 4.1)

Voting & meetings

Two classes: Class A (Owners, one vote per Lot); Class B (Declarant, three votes per Lot until termination) (Section 6.7)

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