Madera Reserve Homeowners Association

Key facts from Madera Reserve Homeowners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Name: MADERA RESERVE HOMEOWNERS ASSOCIAT)

Legal name

Madera Reserve Homeowners Association

Governing law

Arizona Revised Statutes (A.R.S. §33-1813, §33-1804, §33-1805, §33-1807) (Art III Sec 4 (A.R.S. §33-1813); Art IV )

Collections & liens

Assessment is a continuing lien on the Lot; Association may foreclose lien in conformance with A.R.S. §33-1807 (Art IX)

Reserves & fees

Greater of $15.00 or 10% of delinquent assessment (Art IX)

Voting & meetings

Each Lot entitled to one vote; vote must be cast as a unit; fractional votes not allowed; if multiple owners cannot agree, they lose right to vote on that matter; if more than one vote cast for a Lot, all votes for that Lot are void (Art II Sec 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.