Courtyards of Scottsdale

Key facts from Courtyards of Scottsdale's documents

Community type

Homeowners Association (HOA) (Recitals A and Definition Section 5)

Units / lots

104 (Lots 1 through 104 inclusive, Sagewood) (Recitals A)

Assessments & dues

Board estimates total expenses for next Fiscal Year at least 30 days before start; aggregate is Regular Assessment; may be collected monthly, quarterly, semi-annually or annually (Article III Section 7.A, Section 14)

Special assessments

Cannot exceed 10% of budgeted gross expenses in any Fiscal Year without 2/3 vote or written assent of Owners (Article III Section 8)

Collections & liens

Assessments, late charges, interest, costs, attorney fees become a continuing lien upon the Lot; HOA may record notice of lien after 15 days delinquency; lien may be foreclosed like mortgage, with power of sale (Article III Sections 4, 11, 12)

Reserves & fees

Any assessment not paid within 15 days of due date is subject to late fee of $10 or 10% of total outstanding assessments, whichever is more (Article III Section 15.B)

Pets

Yes, subject to HOA control; only animals not prohibited by HOA; no breeding or raising for commercial purposes; no unreasonable quantities (Article V Section 7)

Leasing & rentals

Yes, but must be pursuant to written document subject to Governing Documents (Article VIII Section 1)

Parking & vehicles

Commercial vehicles prohibited except delivery vehicles for limited duration to conduct business in Development (Article V Section 8)

Architectural approval

All Architectural Improvements must be approved in advance in writing by HOA; includes any change visible from other lots, Common Area, or public area, or structural/geotechnical/drainage changes (Article VI Section 1)

Home business

Prohibited except as regulated by Scottsdale Municipal Code; HOA may prohibit any business activity that is disruptive and has unresolved complaints (Article V Section 1)

Setbacks / home size

Buildings and structure setbacks must comply with all applicable City of Scottsdale and County of Maricopa requirements (Article V Section 3)

Maintenance

HOA responsible for Common Area maintenance; Owners responsible for Lot maintenance; HOA has right of entry for enforcement and maintenance after reasonable notice; in emergencies immediate entry allowed (Article IV Section 3; Article V Section )

Insurance

HOA must maintain property insurance on Common Area at 100% current replacement cost (exclusive of land, excavations, foundations, etc.); comprehensive general liability insurance not less than $1,000,000; workers comp; D&O insurance; fidel (Article X Section 1)

Use restrictions

Lots may be used for single family, residential use only; conducting business is prohibited except as permitted by Scottsdale Municipal Code; HOA may prohibit disruptive business regardless (Article V Section 1)

Voting & meetings

Each Member (Owner) has 1 vote per Lot owned; only one vote per Lot regardless of number of co-owners; HOA may refuse vote if written dispute among co-owners (Article II Section 2)

Amendments

CC&Rs may be amended by instrument in writing approved by 65% of voting Members (Article XII Section 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.