Paako Village

Key facts from Paako Village's documents

Community type

Covenant / Planned Community

Legal name

Paa-Ko Communities Homeowner’s Association, Inc. (Section 1.3)

Units / lots

1440 lots maximum per Mountain Ranch Master Plan (Section 1.14, Section 7.5)

Developer / declarant

Mountain Ranch Limited Partnership, a New Mexico Limited Partnership (Section 1.6)

Governing law

New Mexico Non-Profit Corporation Act (Section 7.1)

Special assessments

Levied by Board of Directors with 30 days written notice (Section 8.3)

Collections & liens

Charges and assessments constitute a continuing lien upon each Lot, Tract or Parcel together with improvements (Section 8.2)

Reserves & fees

Maintenance Fund and Amenities Fund established; separate accounting but may be commingled; reasonable reserves for each (Section 8.1)

Pets

Only domestic household pets allowed; no pigs, hogs, swine, poultry, fowl, wild animals, horses, cattle, sheep, goats; no kennels or breeding; must be on leash or under voice control; no unreasonable noise; ACC determines if animal is domes (Section 5.1)

Leasing & rentals

Only entire Lot, Tract or Parcel together with improvements may be rented or leased to a single family; no portion of a residential lot may be rented or leased (Section 3.4)

Parking & vehicles

Motor homes, recreational house trailers, horse trailers, truck campers, boats, boat trailers, and recreational vehicles must be placed so as not to be Visible From Neighboring Property or from dedicated roadways, Common Facilities or Commo (Section 5.11)

Fences

All gates, walls, and fences must be described in Development Plan and approved by ACC (Section 5.17)

Architectural approval

Prior written approval of ACC required for any Improvement, development plan, alteration, removal of trees, etc. No construction without approval (Section 3.2, Section 4.1, Section 4.2, S)

Home business

Home occupations of Owner permissible if conducted in home or studio and in compliance with ACC rules; no outdoor business or commercial activity open to general public (Section 3.1, Section 5.8(a))

Setbacks / home size

Front and road right-of-way: 50 feet; from adjacent structure: 50 feet; side and rear lot lines: 25 feet; ACC may impose additional/modified setbacks and grant variances (Section 4.1(a))

Use restrictions

All property shall be used, improved and devoted exclusively to Single-family Residential Use except as indicated on plat (Section 3.1)

Voting & meetings

One vote per Lot, Tract or Parcel; joint owners determine one vote; Declarant controls Board until 90% lots conveyed or relinquishment (Section 7.3, Section 7.5)

Amendments

Declarant may record Supplemental Declarations to add property; Association may approve addition of other property; no specific amendment procedure for this Declaration provided in text (Section 2.3, Section 2.4)

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