| Escrow Inspections: Arizona state requires
Homeowner Associations identify any potential CC&R violations as part of a home sale, with
any such violations reported to the escrow agent prior to close of sale. This is to protect
new homeowners from getting impacted with unknown CC&R violations after the purchase.
Escrow Agents therefore must
notify Homeowner's Association of prospective sales as part of escrow process.
It's up to the existing homeowner to notify their escrow agent when they're part of an association.
Valley Ranch Patio homes are a part of two associations, the
Hidden Valley Ranch Association (HVA)
and the Valley Ranch Patio (VRP) Homeowners Association. Escrow Agents therefore need to
notify both assocations of prospective patio home sales. Both associations will then notify the
Escrow Agent of the current
dues requirements as well as any past due situations. VRP will also do an external home inspection
at that time and notify the Escrow Agent of any potential CC&R violations.
Escrow agents often find it confusing in determining which homes are acually part of the Valley Ranch Patio (VRP)
Association. Here are two guidelines to help clarify such confusion:
1. The Yavapai County lot number for all VRP homes begin with "PO". If the lot number begins
with something else, it's not part of the VRP Association.
2. All homes that are part of the VRP Association reside on one of the following Prescott city streets:
- Coyote Road
- Falcon Court
- Kaibab Loop
- Quail Run
- Valley Ranch Circle
However do note that there are many other homes on these streets that are not part of the VRP
Association (and thus do not have the "PO" designation lot number).
Escrow agents are encouraged to send a message
to Bob Balzano at DHB Management for any additional information needed,
including requests for the applicable VRP mailing address and FAX number.
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