Villaresi

Key facts from Villaresi's documents

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

Community type

Single Family Residential (Section 1.34 - Single Family Residential)

Legal name

Villaresi Owners’ Association (Section 1.06)

Developer / declarant

Legendary Property, L.L.C., an Arizona limited liability company (Opening paragraph)

Assessments & dues

Maximum $3,600 per Lot per year initially (Section 8.03)

Reserves & fees

Annual budget must include reserve for contingencies and replacements (Section 8.03)

Pets

Reasonable number of dogs, cats, or generally recognized household pets allowed; no commercial breeding; not to be a nuisance; must be kept indoors or within fenced yards; not run loose (Section 3.07)

Leasing & rentals

Only entire Living Units may be rented; guest houses cannot be separately rented; no transient or hotel purposes (Section 3.21)

Insurance

Owner must obtain property damage and personal liability insurance on their Lot and Improvements; also must maintain Rural Metro Fire Department fire insurance and emergency service policy (Section 6.02)

Use restrictions

Each Lot improved and used exclusively for Single Family Residential Use; no trade or business except limited home business conditions (Section 3.01)

Voting & meetings

Class B (Declarant and Builder) controls Association until conversion; Class A members have one vote per Lot after termination of Class B membership (Section 7.03)

Amendments

Referenced in Article 15.01 but text not provided in excerpt; Article 15 index mentions Section 15.01 - Amendments (Article 15 index)

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