Arrowwood

Key facts from Arrowwood's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

homeowners association (Art. 1.10)

Developer / declarant

D. R. Horton, Inc., a Delaware corporation (Art. 1.16)

Governing law

Arizona Revised Statutes (A.R.S. §33-741 et seq., §33-801 et seq.) (Art. 1.26, Art. 1.26)

Assessments & dues

Initially $360 per Lot until January 1 following conveyance of first Lot to a Purchaser (Art. 6.2.3(i))

Special assessments

May be levied for capital improvements on Common Area with assent of 2/3 of votes of each class of Members voting in person or by proxy (Art. 6.5)

Collections & liens

Assessment Lien attaches to Lot; Association may record Notice of Lien after written demand and 10-day cure period; foreclosure as for realty mortgage; Association may bid at sale (Art. 6.1, Art. 6.9.2, Art. 6.9.5)

Reserves & fees

Association shall establish replacement and maintenance reserves; may carry forward surplus without reducing future assessments (Art. 6.2.1, Art. 6.12)

Pets

Permitted Pets (dogs, cats, household birds, other animals commonly kept inside) allowed, but kept as domestic pets only, not commercial (Art. 3.12)

Home business

Business activity permitted within Residential Unit if not apparent by sight/sound/smell, conforms to zoning, no regular visitors (except one non-resident employee), consistent with residential character, no flammable/hazardous materials, n (Art. 3.11)

Use restrictions

All Residential Units shall be used, improved and devoted exclusively to residential use by a Single Family (Art. 3.11)

Voting & meetings

Class A (Owners): one vote per Lot; Class B (Declarant): three votes per Lot; Class B converts to Class A on earlier of when Class A votes equal or exceed Class B, 5 years after Recording, or Declarant relinquishes (Art. 5.7)

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