ADRE LAW BOOK 2025
1. A description of any current or proposed improvement; 2. The name of the person responsible for completion of the improvement; 3. The estimated completion date of the improvement; 4. The cost, if any, the lot purchaser will pay for completion of the improvement; 5. The name of the person responsible for the continuing maintenance and expense of the improvement; 6. If a city or county is responsible for maintenance, the approximate date when the im provement will be accepted for maintenance; and 7. The cost, if any, the lot purchaser will pay toward completion and maintenance of the improvement. R4-28-A1209. Common, Community, or Recreational Improvements The applicant shall provide with the application a list of all common, community, or recreational improvements, located within the development, and include the following information: 1. The name of the person responsible for completion of each improvement; 2. The estimated completion date of each improvement; 3. The estimated cost a lot purchaser will be required to pay for the completion of each improvement; 4. The name of the person responsible for the continuing maintenance and expense of each improvement; and 5. The cost, if any, the lot purchaser will be responsible for paying toward the maintenance of each improvement. R4-28-A1210. Master Planned Community The applicant shall include the following information about a master planned community: 1. A list of all improvements located outside the development, but included in the develop ment offering, including all common, community and recreational improvements; 2. The name of the person responsible for completing each improvement; 3. The estimated completion date of each improvement; 4. The name of the person responsible for the continuing maintenance and expense of each improvement; and 5. The cost, if any, the lot purchaser will pay toward the completion and maintenance of each improvement. R4-28-A1211. Assurances for Completion and Maintenance of Improvements A. The applicant shall identify: 1. Whether arrangements have been made to assure the completion, delivery, and con tinued maintenance of the improvements listed in subsections R4-28-A1204 through R4 28-A1210; and 2. Whether the assurances to complete and deliver the improvements have been approved by the county or city, where applicable, and if so, submit a copy of the county or city ap proval; B. An applicant shall provide one or more of the following assurances for completion: 1. A surety or completion bond from an insurance company licensed in Arizona with a rat ing of good or higher from a rating agency and a copy of the rating. The bond shall specify which improvements are included and shall: 210
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