The Colony at Carefree

Key facts from The Colony at Carefree's documents

Community type

Horizontal Property Regime (condominium) as of 1987 (The document is titled 'HORIZONTAL PROPE)

Developer / declarant

Harrison R. Rogers Corporation (original) as of 2000 (Recitals (p.1) and earlier amendments)

Governing law

Arizona Horizontal Property Regime Act (A.R.S. Title 33, Chapter 4) and Condominium Act (A.R.S. §33-1201 et seq.) where not conflicting as of 2000 (¶1.A)

Assessments & dues

Board determines cash requirements for each year; each owner pays share proportional to 1/32 interest as of 2000 (¶14)

Special assessments

Capital improvements over $5,000 require approval of 67% of undivided interest; exception for emergency or insurance replacement as of 2000 (¶11)

Collections & liens

Unpaid assessments become a lien on the unit, priority over all liens except taxes and prior recorded encumbrances; foreclosure sale allowed; costs and attorneys fees included; Board may bid at sale as of 2000 (¶14)

Reserves & fees

Association shall establish and maintain an adequate reserve fund for long-term maintenance, improvement, repair, replacement of capital items as of 2000 (¶23)

Pets

Livestock and poultry prohibited; other pets not restricted by this document as of 2000 (¶17.f)

Leasing & rentals

Not explicitly restricted; however, if owner defaults, Board may demand rent from tenant as of 2000 (¶14 (rent demand provision))

Parking & vehicles

Common Areas include undesignated parking spaces; no specific parking rules provided as of 2000 (¶1.D(4))

Fences

No alteration or change of exterior fences/walls without Board approval as of 2000 (¶16 (interior fences and walls paragraph)

Architectural approval

Yes - no structure, modification, or alteration of any exterior surface of unit or patio may be commenced without prior written approval of Board as of 2000 (¶17.d; also ¶16 for structural alteratio)

Home business

Allowed if not detectable by sight/sound/smell from outside, conforms to zoning, and is consistent with residential character (no door-to-door solicitation) as of 2000 (¶17.a)

Signs & flags

No signs visible from exterior except a standard 'For Sale' sign in ground between perimeter walls and streets as of 2000 (¶17.e)

Maintenance

Owner responsible except repair from casualty covered by Association insurance as of 2000 (¶16)

Insurance

Board shall maintain fire insurance with extended coverage for full replacement value of units and common areas; liability insurance with limits not less than $1,000,000 bodily injury and $100,000 property damage per occurrence; workers com as of 2000 (¶13.a, b, c)

Use restrictions

All units shall be used exclusively for single family residential use as of 2000 (¶17.a)

Voting & meetings

Each unit has a 1/32 undivided interest in Common Areas and Facilities, which percentage governs for all purposes including voting as of 2000 (¶6, ¶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.