Canadian Sunset Building One
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Canadian Sunset Building One's governing documents say
Canadian Sunset Building One is a 12-unit condominium in Chandler, AZ, governed under Arizona's Horizontal Property Regime. You own your individual unit and share undivided ownership of common elements. The association manages common areas, carries master insurance, and levies assessments on each unit.
- Assessments & fees: Regular and special assessments are levied monthly per unit based on percentage shares. Unpaid assessments accrue interest at 20% per annum or 2% above prime (whichever greater), plus late charges, and become a lien on the unit. The board can impose penalty assessments as fines for rule violations.
- Parking: Each unit has the right to exclusive use of designated parking spaces as shown on the plat. These rights are appurtenant to the unit and cannot be transferred separately. The board manages unassigned spaces and may designate guest parking or lease them.
- Insurance: The association must maintain multi-peril property insurance (100% replacement cost), $1,000,000 general liability coverage, fidelity bonds (at least 50% of annual operating expenses), and boiler insurance if applicable. Each owner is responsible for insuring their own contents and personal liability.
- Use restrictions: The declaration subjects units to rules on animals, signs, vehicles, antennas, trash, and other matters (Article XXI). Specific limits (e.g., pet count, lease terms) are not included in this excerpt.
- Rental units: Article XVIII covers rental units, but the text is not fully available in this excerpt. No minimum lease term or other details are shown.
- What this document doesn't cover: This partial document omits specific numerical limits on pets, lease terms, age restrictions, and detailed architectural guidelines. Some articles (e.g., maintenance responsibilities, alterations) are referenced but not fully reproduced.
Key facts from Canadian Sunset Building One's documents
- Community type
- Horizontal Property Regime (Condominium) (Article I Definitions (a) Act, (d) Assoc)
- Developer / declarant
- Canadian Sunset Corporation, an Arizona corporation (Preamble)
- Governing law
- Arizona Revised Statutes Sections 33-551 through 33-561 (Preamble, page 7)
- Special assessments
- For capital improvements by Board discretion; also for restoration deficiency (Article VII, Section 4; Article XII, Sec)
- Collections & liens
- Unpaid assessments create a lien on the Unit; can be foreclosed like a mortgage (Article VII, Section 1; Article VIII)
- Reserves & fees
- Board may establish and maintain reserve fund from regular assessments for periodic maintenance and replacement (Article VII, Section 3)
- Leasing & rentals
- Right to lease (Article XVIII Section 1) (Table of Contents)
- Parking & vehicles
- Each Owner has exclusive use of designated parking spaces as per Plat; Board manages unassigned spaces (Article VI, Section 1)
- Signs & flags
- Restricted (Article XXI Section 2) (Table of Contents)
- Voting & meetings
- One vote per Unit, weighted by percentage interest in Common Elements; vote suspended for non-payment (Article IV, Section 2)
About this HOA
Canadian Sunset Building One is a homeowners association in Chandler, AZ.
HOAproxy has 1 document on file for Canadian Sunset Building One: 1 recorded document. Last updated 2026-07-24.