Beverly Place II

Key facts from Beverly Place II's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Single-family residential subdivision with homeowners association (Recital B, Art. I Definitions)

Units / lots

8 single-family dwelling units (one per Lot) (Recital B: single family residential hom)

Developer / declarant

WOA, Inc., an Arizona corporation (First sentence and Recital A)

Assessments & dues

Maximum Annual Assessment initially $650 per Lot (until January 1 of year after first Lot conveyance). Thereafter set by Board based on annual budget, but increase capped at 20% per year without 51% vote of each class. (Art. VII, Sec. 4(a) and (b))

Special assessments

Requires approval of 67% of votes of each class of Members present in person or by proxy at a meeting called for that purpose. (Art. VII, Sec. 6)

Collections & liens

Each Lot is subject to a lien for all Assessments (including fines, charges). Lien is prior and superior except for taxes and First Mortgage. May be foreclosed like a mortgage. Association may bid at sale. Recording of Declaration constitut (Art. VII, Sec. 2)

Reserves & fees

Annual budget must include reserve for contingencies and replacements. Surplus monies held in reserve accounts, not returned to Owners. (Art. VII, Sec. 4(a) and Sec. 7)

Pets

Yes, reasonable number of generally recognized house pets kept solely as domestic pets, not for commercial purposes. No improvement for pet care visible from neighboring property. No pets that annoy other Owners. Leashing required when off (Art. VIII, Sec. 2)

Leasing & rentals

Yes, Dwelling Unit may be leased to a Single Family tenant, subject to Declaration. (Art. VIII, Sec. 1 and Sec. 30)

Parking & vehicles

Not explicitly prohibited, but vehicles must be kept in garages, driveways, or designated parking areas; also certain vehicles not allowed on streets if visible from neighboring property (Art. VIII, Sec. 18). (Art. VIII, Secs. 7 and 18)

Architectural approval

Implicit through building envelope requirements and restrictions; but no explicit Architectural Review Committee mentioned. However, Association has rule-making authority (Art. VI, Sec. 1) and maintenance/enforcement authority. Possibly not (Art. VIII, Sec. 22 (Building Envelope); )

Home business

Permitted if: (a) minimal portion of Dwelling Unit; (b) no business meetings or appointments; (c) no shipping to/from Lot; (d) no excessive deliveries; (e) not violate local zoning. (Art. VIII, Sec. 1)

Signs & flags

Not explicitly mentioned; would be covered under sign restrictions. (Not provided)

Setbacks / home size

Not explicitly stated; Building Envelope defined on Plat where all Improvements must be constructed. (Art. I, Sec. 10 and Art. VIII, Sec. 22)

Maintenance

Not explicitly assigned. Owner responsible for Dwelling Unit maintenance generally; likely Owner's responsibility unless specific common element. (Art. IV, Sec. 2(a) - general care)

Insurance

Association shall obtain hazard insurance on Common Area improvements (100% replacement cost) and comprehensive general liability insurance ($1,000,000 per occurrence minimum). (Art. V, Sec. 1(a) and (b))

Voting & meetings

Each Lot Owner has one vote per Lot (Class A). Declarant (Class B) has three times the votes it would otherwise have as a Lot owner. Class B membership ends upon earliest of: 90 days after Class A votes equal Class B votes, 2 years after re (Art. III, Secs. 1, 3)

Amendments

Amendment requires written consent of not less than 75% of Owners and must be recorded. Declarant has special right to amend to satisfy FHA/VA requirements without Owner consent (Art. X Sec. 5). (Art. X Sec. 2 and Sec. 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.