Golden Keys North

Key facts from Golden Keys North's documents

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

Community type

Homeowners Association (Article I, Section 2 (Association define)

Governing law

Nonprofit Corporation Law of the State of Arizona (Article II, Section 5: '...all the power)

Reserves & fees

Yes, replacement fund and reserve fund created from annual assessments for capital expenditures (Article IV, Sections 4 and 6)

Pets

Yes, but limited to two domesticated dogs or cats, or one dog and one cat, permanently confined indoors. No commercial breeding. No nuisance. (Article X, Section 20)

Leasing & rentals

Yes, subject to written lease that includes compliance with governing documents. No other restrictions. (Article XIII, Section 4)

Architectural approval

Yes, for any improvements, alterations, additions, modifications including painting and solar panels (Article X, Section 6 and Article XI)

Insurance

Association insures improvements on Common Area, Landscape, Transformer, and Maneuvering Easements; also public liability policy covering Common Areas (Article VIII)

Use restrictions

Yes; premises restricted to residential dwellings for residential use (Article X, Section 1)

Voting & meetings

One vote per lot owned. When multiple owners, only one vote per lot. Suspended for nonpayment or default. (Article II, Sections 3 and 4; Article II)

Amendments

Amendment requires instrument signed by not less than 75% of Lot Owners; must be recorded. (Article XIII, Section 3)

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