Verde Village

Key facts from Verde Village's documents

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

Community type

Covenant / Planned Community

Legal name

Verde Village

Developer / declarant

Emerald Gulf Pacific, L.L.C. (Arizona), Dietz-Crane Builders, L.L.C. (Arizona), Dietz-Crane Homes, L.L.C. (Nevada) (Introduction)

Special assessments

Levied equally per Assessable Lot. Requires approval of 2/3 of votes cast by Members at a meeting and written approval of Declarants. (Section 7.3)

Reserves & fees

Budget includes contribution to reserve fund. (Section 7.2: 'including any contribution)

Pets

Reasonable number of dogs, cats, parakeets or similar household birds as domestic pets, not for commercial purposes. (Section 4.11)

Leasing & rentals

Yes, but must lease entire Lot and Residence. (Section 4.21: 'No Owner may lease less t)

Parking & vehicles

Guests may park on public or private street. Board may regulate. (Section 4.15: 'Motor Vehicles owned by g)

Architectural approval

Yes, for any Construction or Modification that alters exterior appearance. (Section 3.1)

Use restrictions

All Residences shall be used exclusively for residential use. (Section 4.1)

Voting & meetings

Class A: 1 vote per lot for Owners; Class B: 3 votes per lot for Declarants. Class B terminates when Class A votes exceed Class B or Declarants relinquish. (Section 6.7)

Amendments

Article 11.3, but specific requirements not provided in excerpt. (Table of Contents and page 6 (Section 11)

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