Laveen Meadows

Key facts from Laveen Meadows's documents

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

Community type

Homeowners Association for single-family residential subdivision (Section 1.7 (Association named 'Laveen M)

Developer / declarant

Standard Pacific of Arizona, Inc. (StanPac), Elliott Homes, Inc. (Elliott), Taylor Woodrow/Arizona, Inc. (Taylor/Woodrow) - collectively 'Co-Declarants' (Preamble (page 1))

Governing law

Arizona Revised Statutes (implicitly as property located in Maricopa County, Arizona; references to ARS in Section 1.25(c)) (Section 1.25(c) (trust deed under Chapte)

Assessments & dues

Board computes annual budget and fixes Annual Assessments; allocated equally among all Lots. (Section 8.1, 8.5)

Special assessments

Allowed per Section 8.9; requires notice and quorum per Section 8.8. (Section 8.8, 8.9)

Collections & liens

Assessments constitute a lien on the Lot, enforceable under Section 8.3. (Section 8.3 (Table of Contents: 8.3 Lien)

Reserves & fees

Association to create and maintain appropriate reserves (Section 8.1); Surplus Monies may be placed in reserve (Section 8.11). (Section 8.1, 8.11)

Pets

Provision exists (Section 10.19 Pets) but text not in excerpt. (Table of Contents (Section 10.19))

Leasing & rentals

Provision exists (Section 10.20 Leasing; Obligations of Tenants and Other Occupants) but text not in excerpt. (Table of Contents (Section 10.20))

Parking & vehicles

Provision exists (Section 10.11 Vehicles) but text not in excerpt. (Table of Contents (Section 10.11))

Fences

Provision exists (Section 10.15 Fences, Interferences and Obstructions) but text not in excerpt. (Table of Contents (Section 10.15))

Signs & flags

Provision exists (Section 10.5 Signs) but text not in excerpt. (Table of Contents (Section 10.5))

Insurance

Commercially reasonable for hazard; flood deductible lessor of $5,000 or 1% of face amount. (Section 5.1.1(e), 5.1.3)

Use restrictions

Property shall be used for residential and recreational purposes only. (Section 10.1)

Voting & meetings

Class A Members (all Owners except Co-Declarants) have one vote per Lot; Class B Members (Co-Declarants) have three votes per Lot. Voting may be suspended for assessment delinquency. (Section 3.3.1, 3.3.2, 3.4)

Amendments

Section 12.2 governs amendments (not fully in excerpt). (Table of Contents (Section 12.2))

Amenities

Recreational facilities on Common Area; public equestrian trails in vicinity acknowledged. (Section 4.1.1, 2.7)

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