Agw Lamont Condominiums
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Agw Lamont Condominiums's governing documents say
AGW Lamont Condominiums is a condominium in Fountain Hills, Arizona where you own your individual unit and share the building's common elements. This 2009 amendment to the condominium declaration covers insurance requirements, the association's organizational structure, and procedures for amendments and notices—but is not the complete governing rulebook.
- Insurance requirements: Unit owners must maintain fire, casualty, and liability insurance on their units at full replacement value, with an insurance carrier rated B+ or better by Best's Insurance Ratings. Liability coverage must be at least $500,000 and protect both the unit owner and the immediately adjacent unit owner; evidence must be provided to adjacent unit owners.
- Association structure: The association may operate as either a not-for-profit corporation or an unincorporated association, determined by vote of all unit owners and eligible mortgage holders.
- Amendment and notice procedures: Amendments adopted by an unincorporated association must be signed by all unit owners and recorded with the Maricopa County Recorder. Notices must be in writing, delivered personally or by certified U.S. mail to the mailing address; if a unit has multiple owners, notice to one is notice to all.
- What this document doesn't cover: This is an amendment to the original 2000 declaration, not the complete governing documents. It does not address community fees, maintenance responsibilities, governance processes beyond association structure, common area amenities, or most other aspects of community living.
Key facts from Agw Lamont Condominiums's documents
- Community type
- condominium as of 2009 ("Condominium Declaration" throughout)
- Governing law
- Arizona Condominium Act, A.R.S. §33-1201 et seq. as of 2000 (Article 1.0 and Article 1.1(P))
- Assessments & dues
- Maximum initial Common Expense Assessment: $300 per Unit as of 2000 (Section 7.1(B)(i))
- Special assessments
- Allowed for capital improvements or other lawful purposes; requires approval by 2/3 of votes in Association as of 2000 (Section 7.2)
- Collections & liens
- Assessment Lien perfected by recording; Association may foreclose like realty mortgage. Lien subordinate to first mortgages. as of 2000 (Sections 7.5 and 7.6)
- Reserves & fees
- Budget must include amounts for general operating reserves and reserves for contingencies and replacements as of 2000 (Section 7.0(A)(iv))
- Pets
- Yes, limited to a single house pet not exceeding 20 pounds; only Unit Owners may have pets; must be inoculated and registered with Association as of 2000 (Section 4.6)
- Leasing & rentals
- Yes, with restrictions: entire Unit only, written lease, subject to Condominium Documents, notification to Association as of 2000 (Section 4.18)
- Parking & vehicles
- Must park in designated spaces; temporary parking allowed for loading/unloading; Board may regulate as of 2000 (Section 4.11)
- Home business
- Prohibited; but personal professional library, accounts, calls, correspondence allowed as of 2000 (Section 4.0: "No gainful occupation, pro)
- Signs & flags
- Generally prohibited on exterior; Board may place signs on Common Area directing inquiries to its agent as of 2000 (Section 4.14)
- Use restrictions
- Yes; all Units and Limited Common Elements shall be used exclusively for residential use by a Single Family as of 2000 (Section 4.0)
- Voting & meetings
- Each Unit has one vote; allocation equal as of 2000 (Article 2.3: "each Unit having one (1) v)
- Amendments
- From and after the period of Declarant control, any amendment adopted by the Unit Owners at such time that the Association is an Unincorporated Association, shall be signed by all of the Unit Holders and shall be recorded with the County Re as of 2009 (Article 10, Section 10.4 (F) as amended)
About this HOA
Agw Lamont Condominiums is a homeowners association in Fountain Hills, AZ.
HOAproxy has 2 documents on file for Agw Lamont Condominiums: 1 amendment and 1 CC&R. Last updated 2026-07-18.