Arroyo Vista Heights I Condominium

Key facts from Arroyo Vista Heights I Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recitals: 'Declarant intends to establis)

Developer / declarant

Pensco Trust Company LLC (Preparatory paragraph: 'by Pensco Trust )

Governing law

Arizona Revised Statutes Title 33, Chapter 9, Article 3 (A.R.S. §§ 33-1211 et seq.) (Recitals, Section B)

Assessments & dues

Set annually by Board based on budget; amount not fixed in document. (Section 4.4: 'Board of Directors shall p)

Special assessments

Requires approval of 100% of votes of Units represented in person or by proxy at a meeting duly called. Allocated equally among Units. (Section 4.6: 'any special assessment sha)

Collections & liens

Association has a lien for unpaid assessments, prior and superior except to first mortgages. Lien may be foreclosed like a mortgage. Recording of Declaration constitutes notice and perfection of lien. (Section 4.3: 'There is hereby created an)

Reserves & fees

Board determines reserves for contingencies and replacements; surplus monies placed in reserve accounts. (Section 4.4: 'provide for a reserve for )

Parking & vehicles

Routine overnight parking of daily transportation vehicles permitted. No boats, RVs, trailers, or vehicles not in daily use may be stored in driveway >48 hours in 30 days unless behind a 6ft high gate or with zoning approval. (Section 3.10: 'Routine overnight parking)

Signs & flags

Not directly addressed, but no storage of such items visible from street. (Article III, Section 3.1 (storage restri)

Maintenance

Unit Owner shall maintain, repair, replace, and restore all portions of the roof above their respective unit at their own expense. (Section 5.1(d): 'Despite the provisions )

Insurance

Premiums and all deductibles thereunder shall be Common Expenses. (Section 7.2: 'Premiums for all insurance)

Use restrictions

Not explicitly stated, but restrictions imply residential; no immoral, improper, offensive, or unlawful use. (Section 3.8: 'No immoral, improper, offe)

Voting & meetings

One vote per unit. Owners' voting rights subject to suspension per Bylaws if violations occur. (Section 2.4: 'Allocation of Votes ... ea)

Amendments

May be amended by instrument in writing signed and acknowledged by unanimous vote of the Board of Directors certifying under penalty of perjury that the amendment was adopted. (Section 10.5: 'The provisions of this De)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.