The Oasis at Magic Ranch

Key facts from The Oasis at Magic Ranch's documents

Community type

planned community (Introduction A: 'general plan for the de)

Developer / declarant

D.R. Horton, Inc. — Dietz-Crane, a Delaware corporation (Section 1.19)

Assessments & dues

Regular Assessments levied by Board based on budget; allocated among Lots (Sections 7.1, 7.2)

Special assessments

Permitted under Section 7.3; requires Owner approval? (Not detailed in excerpt) (Section 7.3)

Collections & liens

Assessment Lien created in Article 7; remedies include foreclosure (Sections 7.11, 1.6)

Reserves & fees

Common Expenses may include allocations to reserves (Section 1.16)

Pets

Reasonable number of dogs, cats, birds allowed as domestic pets (Section 4.10)

Leasing & rentals

Yes, entire Lot and Residence may be leased (Section 4.20)

Parking & vehicles

Permitted only if no garage/driveway space; not for storage (Section 4.14)

Architectural approval

Prior written approval for any Construction or Modification affecting exterior appearance (Article 3 (3.1))

Home business

Permitted if not detectable from outside, no customer visits, no employees non-resident, etc. (Section 4.1)

Signs & flags

Flagpoles limited to 20 ft; only US and Arizona flags allowed (Section 4.25)

Insurance

Article 9 provides for insurance (scope not fully detailed in excerpt) (Article 9)

Use restrictions

All Lots and Residences shall be used exclusively for residential purposes (Section 4.1)

Voting & meetings

Class A members (Owners) and Class B members (Declarant); Class B terminates after turnover (Section 6.7)

Amendments

By affirmative vote or written consent of Owners of not less than 75% of Lots (Section 11.3 (Introduction C, Section 11)

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