Apache Peak

Key facts from Apache Peak's documents

Community type

Covenant / Planned Community

Developer / declarant

CAVALIER/APACHE PEAK III, L.L.C., an Arizona limited liability company (Preamble; Section 1.7)

Assessments & dues

Initially $50 per Lot until January 1 after first Lot conveyed; thereafter Board may increase up to greater of 10% or CPI increase; further increase requires 2/3 vote (Section 3.3(b))

Special assessments

May be levied with assent of 2/3 of votes cast at a meeting for capital improvements on Drainage Easement or other lawful purpose (Section 3.4)

Collections & liens

Unpaid assessments become a lien on the Lot; recordation of Notice of Claim of Lien; foreclosure allowed; Association may bid at sale (Sections 3.1, 3.8, 3.9)

Reserves & fees

Establish and maintain reserve fund out of annual assessments for periodic maintenance, repair, replacement of flood control facilities in Drainage Easement (Section 3.11)

Pets

Yes, reasonable number of customary household pets (dogs, cats, household birds) and up to two horses, all kept as domestic pets, not commercial (Section 4.7)

Architectural approval

Architectural Committee approval required before any construction, landscaping, addition, alteration, change, including exterior color scheme and grading (Section 4.2)

Home business

Indoor home occupation permitted if: (i) conducted entirely indoors, (ii) not discernable from outside, (iii) complies with laws, (iv) does not generate significant additional traffic (Section 4.34)

Setbacks / home size

2,000 square feet of interior floor space, excluding porches, garages, carports and patios (Section 4.1)

Use restrictions

All Lots shall be used, improved and devoted exclusively to single family residential purposes (Section 4.1)

Voting & meetings

Two classes: Class A (each Owner other than Declarant) one vote per Lot; Class B (Declarant) five votes per Lot. Joint Owners one vote per Lot, cast as unit. Corporate Owner designates individual. (Sections 2.6, 2.7, 2.8)

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