Velda Rose Estates Four

Key facts from Velda Rose Estates Four's documents

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

Community type

Homeowners Association (non-profit) (Article I Section 2)

Legal name

Velda Rose Estates Four

Governing law

Arizona Revised Statutes Sections 33-1242, 33-1802 (Article I Section 2, Article IV Section )

Assessments & dues

Initial maximum: not less than $125.00 per Lot for first two occupants, plus not less than one-half of annual assessment for each additional occupant (Article VI Section 3)

Reserves & fees

$500.00 non-refundable one-time application fee per Lot; also disclosure fees and other fees under ARS 33-1801 (Article VI Section 3)

Leasing & rentals

Yes, leasing to a Single Family is permitted subject to all provisions of Declaration (Article III Section 1A)

Architectural approval

Owner must obtain written consent of Board or Architectural Committee before removing, altering, or interfering with shrubs, trees, grass or plantings on Common Area (Article III Section 1B)

Home business

Prohibited; no gainful occupation, profession, trade conducted on any Property (Article III Section 1A)

Use restrictions

Each Lot shall be used exclusively for Single Family Residential Use; no gainful occupation, profession, trade or other non-residential use permitted (Article III Section 1A)

Voting & meetings

For assessment increase meetings: first meeting 1/2 of all votes; subsequent meeting 1/4 of all votes. (Article VI Section 5)

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