Chandler Square

What Chandler Square's governing documents say

Chandler Square is a commercial complex in Chandler, AZ, consisting of eight individual parcels (lots) with office or retail buildings, plus shared common areas. It is governed by the Chandler Square Property Owners Association, and this declaration creates covenants, conditions, and restrictions that bind all parcel owners. The rules apply to property owners and their tenants, not to residential homeowners or renters.

• What this document is & who it's for: This is a commercial property governance document for owners and lessees of office/retail parcels. It does not apply to residential uses or individual homebuyers/renters.
• Use restrictions: All parcels must be used only for commercial purposes. Parcels 4–8 may be used for offices, and parcels 1–3 may include restaurants (with possible bars). No offensive, noisy, or dangerous trades are allowed.
• Assessments & fees: Each parcel owner pays monthly assessments based on a proportional share (ranging from 7% to 14.5% per parcel). Special assessments require a 2/3 vote of owners. Annual increases over 10% also need 2/3 approval. Assessments are a lien on the parcel.
• Common area maintenance: The Association maintains all common areas (parking, landscaping, walkways, lighting, etc.) and carries $1,000,000 liability insurance. Owners pay their share of common-area taxes and maintenance costs.
• Parking: The Association allocates non-covered parking spaces equitably, with each owner receiving enough to meet city codes. Covered spaces adjacent to parcels 4, 5, and 7 are reserved for those owners. Additional covered parking may be built at the requesting owner's cost.
• Insurance requirements: Each owner must carry at least $1,000,000 public liability insurance for their parcel. The Association also carries liability insurance for the common area, naming owners as additional insureds upon request.
• Signs & alterations: All signs must be approved in advance by the Association (approval not to be unreasonably withheld). Buildings must be kept in first-class condition, and the Association may cure maintenance defaults at the owner's expense.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.