Pantano Overlook Community Association

Key facts from Pantano Overlook Community Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Pantano Overlook Community Association, Inc.

Units / lots

152 (Definition of Property: 'Lots 1 through )

Developer / declarant

First American Title Insurance Company, a California corporation, as Trustee under Trust No.9072 (Recitals, first paragraph)

Governing law

Arizona Revised Statutes (A.R.S. references throughout) (A.R.S. §33-1809, §33-1803, etc.)

Assessments & dues

Maximum Annual Assessment for fiscal year ending Dec 31, 2005 is stated as '$IBHBSe°, ($7HMilib per month)' [text corrupted]; likely $1,818 per year (Section 8.6)

Special assessments

Allowed for capital improvements or extraordinary expenses; requires 2/3 vote of each class of Members (Section 8.7)

Collections & liens

Automatic lien for assessments prior to taxes and first mortgage; foreclosure permitted under Arizona law (Section 8.2)

Reserves & fees

Working capital fund (Section 8.8) and Board may hold surplus in reserve (Section 8.8 and Section 9.3)

Pets

Yes, reasonable number of generally recognized house pets as determined by Board (Section 5.2)

Leasing & rentals

Yes, but only entire Lot; minimum lease term 30 days (Section 5.14)

Parking & vehicles

Prohibited except vehicles of Declarant/Builder during construction, Association vehicles, and emergency vehicles per A.R.S. §33-1809 (public safety, utility emergency) (Section 5.12 last paragraph)

Fences

Corner lots: no fence, wall, hedge or shrub obstructing sight lines between 2 and 6 feet above street in triangular area 25 feet from intersection (Section 5.13)

Architectural approval

Yes, for any Improvement visible from Neighboring Property; Design Review Committee (Section 4.1 and Section 5.7)

Home business

Permitted with conditions: not detectable from outside, conforms to zoning, no solicitation, no customer parking, consistent with residential character (Section 5.1(a)-(e))

Signs & flags

Only: street address signs (max 80 sq in two), for sale/lease signs (5 sq ft), Declarant signs, political signs per A.R.S. 33-1808 (24x24 inches max, 45 days before to 7 days after election) (Section 5.16)

Maintenance

Association maintains Common Areas (Section 11.1); Owner maintains Lot, dwelling unit exterior, and landscaping (Section 5.15); driveways are Owner's responsibility (Section 5.6) (Article 11 and Section 5.15)

Voting & meetings

Two classes: Class A (1 vote per lot) and Class B (3 votes per lot for Declarant and Designated Builders). Class B ceases upon 75% lots conveyed, or 20 years from recording, or written relinquishment. (Section 7.2)

Amendments

Not detailed in this excerpt, but Article 12 referenced: Term; Amendments; Termination (Article 12 (table of contents))

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