Montecito at Mirabel

Key facts from Montecito at Mirabel's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Montecito at Mirabel Property Owners Association, Inc. (Recitals; Section 1.4)

Developer / declarant

Montecito at Mirabel Development, L.L.C. (Section 1.14)

Governing law

Arizona Revised Statutes (references to Arizona nonprofit corporation law and lien enforcement under A.R.S. § 33-1807C) (Sections 1.6, 8.6, 10.6)

Special assessments

Levied for unbudgeted or extraordinary expenses; becomes effective 29 days after notice unless disapproved by 75% of Class A Members and Class B Member. (Section 8.5)

Collections & liens

Assessments constitute a lien on the Unit, superior except for taxes and first mortgages. May be foreclosed by suit like mortgages, including nonjudicial if allowed by Arizona law. (Section 8.6)

Reserves & fees

Board shall prepare annual reserve budget for capital items with expected life >1 year, and set required capital contribution. (Section 8.4)

Leasing & rentals

Yes; no prohibition on leasing or transfer. Minimum lease term up to 12 months may be required. Association may require use of approved lease forms but no fee beyond administrative costs. (Section 10.4.7)

Home business

Activities not normally associated with residential use may be prohibited; activities that create costs, danger, excessive noise/traffic, or unsightly conditions may be restricted. (Section 10.4.5)

Signs & flags

Regulation of content prohibited; time, place, and manner (including design) may be regulated. (Section 10.4.2)

Use restrictions

Each Unit is intended for development, use, and occupancy as a detached residence for a single family. (Section 1.25)

Amendments

Declaration may be amended per Section 13.2 (not fully provided). Article VII (Additional Covenants and Amendment) requires Declarant's written consent as long as Declarant owns any Property. Amendment of Article IX also requires Declarant' (Sections 7.2, 9.1.5)

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