El Dorado Hermoso

Key facts from El Dorado Hermoso's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

planned_community (patiohouse project; individual ownership)

Developer / declarant

TRANSAMERICA TITLE INSURANCE COMPANY of ARIZONA, Trustee (Introductory paragraph)

Assessments & dues

Initially $150 per lot (Article V Section 4: 'maximum annual ass)

Special assessments

Requires 3/4 Board vote and 66% of members present at meeting; used for construction, alteration, demolition of common facilities (Article V Section 5)

Collections & liens

Unpaid assessments become a continuing lien on the lot; subordinate to first mortgage; enforceable by foreclosure and power of sale; Association may bid at sale (Article V Section 7)

Reserves & fees

Board may establish reserve for repair, maintenance, taxes, insurance, and hazard insurance premiums (Article V Section 4(c))

Pets

Commonly accepted household pets only; no commercial breeding; no livestock, poultry, fish, or birds (Article XII Section 4)

Leasing & rentals

Yes, but only entire lot together with improvements may be rented, and only to a single family (Article XII Section 10)

Architectural approval

Prior written approval required for any improvement (building, fence, wall, other structure), including exterior additions, alterations, repairs (Article VII)

Home business

Prohibited; no part of premises used for business, professional, commercial, religious, or institutional purposes (except builder and Association activities) (Article XII Section 3)

Signs & flags

Only a name/address sign not exceeding 9" x 30"; one temporary sign not more than 5 square feet for sale/rent; builder and Association signs exempt (Article XII Section 9)

Use restrictions

Each lot limited in use to a single family patiohouse lot (Article XII Section 1)

Voting & meetings

Class A (owners): one vote per lot; Class B (Declarant): three votes per lot until conversion when Class A votes equal Class B or two years from declaration date (Article III Section 1)

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