East Lake Condominiums

What East Lake Condominiums's governing documents say

East Lake Condominiums is a condominium community in Fountain Hills, AZ — you own your individual unit and a shared interest in common elements, which the association maintains and insures. The declaration governs use, assessments, and alterations, with specific rules for commercial units (if any) and strict pet limitations. This document is the full declaration, binding on all unit owners.

• What you own & maintain: You own the interior of your unit (walls, floors, ceilings to unfinished surfaces) and a proportionate share of common elements. The association maintains all common elements, limited common elements (e.g., certain parking, balconies), and exterior structures. You are responsible for maintaining your unit's interior and any personal property.
• Pets: No animals or birds may be kept in any unit or on the project except seeing eye dogs and similar service animals, kept under reasonable control. The board may enact rules and can require removal of any pet whose behavior becomes objectionable. No other pets are allowed unless expressly permitted by the Declarant (developer).
• Architectural review: No exterior alterations, additions, or improvements (including fences, patios, awnings, solar panels, antennas, air-conditioning units) may be made without prior written approval from a 3-member Architectural Control Committee. Submit plans; if the committee does not approve or disapprove within 45 days, approval is deemed given. Landscaping visible from the street or common elements also requires approval.
• Assessments & fees: The board sets annual regular assessments; the annual increase cannot exceed 25% over the prior year without a 2/3 vote of members (unless needed for utility/insurance cost increases). Special assessments exceeding 5% of budgeted expenses require 2/3 member approval. Late payment: $15 fee if not paid within 10 days of due date; 12% annual interest after 30 days. Unpaid assessments create a lien on the unit.
• Leasing & rentals: The declaration does not restrict lease terms or prohibit renting (no minimum lease length or owner occupancy requirement found in this excerpt). However, the Declarant may maintain sales or leasing offices while owning units. No right of first refusal exists for the association on sales.
• Vehicle restrictions: For commercial units (if any), commercial vehicles are allowed only with Declarant's approval. Other vehicle restrictions are not detailed in this excerpt; the board may adopt rules. No mention of parking for residential units is present.
• Age restriction: No age restriction (55+ or otherwise) is stated in this declaration.
• What this document covers: This is the full Condominium Declaration, covering ownership, assessments, maintenance, use restrictions, architectural control, insurance, and amendments. It does not cover association bylaws, rules and regulations, or specific budget amounts. For full rules, you must also review the Articles of Incorporation and Bylaws.

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.