Los Olivos Hermoso — Townhome Association

Key facts from Los Olivos Hermoso — Townhome Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Townhome Association (Los Olivos Hermoso - Townhome Association) (Document heading and Article 1.7)

Units / lots

76 (implied; each Unit on a Lot) (Article 1.27, 1.40, and 1.32 (1/76 inter)

Governing law

Arizona Revised Statutes (references to ARS 33-741 et seq., ARS 33-801 et seq., ARS 33-1902) (Article 1.32, 1.32, 3.25)

Assessments & dues

Annual Budget adopted by Board, then assessments computed based on budget. Requires majority approval of eligible Members for changes to Plan for Property or Reserves. (Article 2.5, 5.7, 5.8)

Special assessments

Yes, per Article 5.4: may be levied for unanticipated expenses; requires approval by two-thirds (2/3) of Eligible Members. (Article 5.4)

Collections & liens

Yes, Assessment Lien created; Association may foreclose lien for unpaid assessments. (Article 1.6, 5.1, 5.14, 5.18)

Reserves & fees

Yes, Plan for Reserves must be maintained, updated every 5 years, and funds used only for designated purposes unless approved by majority of eligible Members. (Article 2.4)

Pets

Yes, dogs, cats, or other common household pets permitted, but not for commercial purposes. Livestock or poultry prohibited. (Article 3.19)

Leasing & rentals

Yes, but with requirements. Owner must register tenant information and update within 10 days of change. Minimum lease term of one (1) year. (Article 3.25)

Parking & vehicles

Prohibited: 'Residents and guests may not park on any street, even on a temporary basis. Contractors... shall not park on any street unless loading, unloading, or need continuous access.' (Article 3.28, 3.35)

Fences

Fences, hedges, walls must be in accordance with initial construction or approved by Board. No planting or gardening in areas other than rear yard, entry court, or front patio without approval. (Article 3.37)

Architectural approval

Yes, prior written approval of Board required for any exterior alteration, construction, installation, change of paint color, etc. (Section 3.1). (Article 3.1)

Home business

Permitted with conditions: not detectable from outside, no customer visits, no employees not residing in unit, must comply with laws, not a nuisance. (Article 3.30)

Signs & flags

One flag of United States or State of Arizona, not exceeding 15 square feet, may be flown from front of carport on a staff fixed to carport or column at approx 45 degrees. No other bunting. Flagpole requires prior Board approval. (Article 3.7(e))

Setbacks / home size

Not specifically defined; reference to compliance with City ordinances. (Article 3.9 (Government Approval))

Maintenance

Owner of each Lot is responsible for maintenance, repair, and replacement of all roof finishes, materials, and structural members. (Article 3.12)

Insurance

Association shall obtain property insurance covering Common Areas and units (Article 7.1). Not detailed. (Article 7.1)

Use restrictions

Yes, all Residential Units shall be used exclusively for residential use by a Single Family. (Article 3.30)

Voting & meetings

Each Member (Owner of a Lot) has one vote per Lot; voting may be by absentee ballot. Cumulative voting not permitted (Section 4.7). (Article 4.6, 4.7)

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