Fountain Villa Plat 1 Association
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Fountain Villa Plat 1 Association's governing documents say
Fountain Villa Plat 1 is a condominium (horizontal property regime) community in Fountain Hills, AZ. This document is the association's By-Laws, which govern board elections, meetings, and assessments — but do not contain the full rules for owners (those are in the separate Declaration).
- Membership meetings & voting: Annual meetings are held at 7:00 p.m. on the same day each year. Special meetings may be called by the president, the Board, or by members holding 1/4 of all votes. Written notice must be mailed 15–30 days before a meeting. A quorum of 60% of each membership class is required; if not met, meetings may be adjourned. Proxies are allowed and revocable.
- Board of Directors: Initially 3 directors appointed by Declarant; after first annual meeting, 5 directors elected by members. Terms: three directors serve 1 year, two serve 2 years at first election; thereafter 3-year staggered terms. Directors may be removed with or without cause by a majority vote. No compensation, but expenses reimbursed.
- Assessments & liens: Each unit owner must pay annual and special assessments as set by the Board at least 30 days before the assessment period. Unpaid assessments become delinquent after 20 days, accruing 8% annual interest. The Association may sue the owner personally or foreclose the lien, adding costs and attorney's fees. Non-use of common areas does not exempt payment.
- Amendments & governing documents hierarchy: By-Laws may be amended by a majority vote of a quorum of members present or by proxy. If any conflict exists between the Declaration and these By-Laws, the Declaration controls.
- What this document doesn't cover: This is only the By-Laws. It does not contain rules on pets, leasing, age restrictions, architectural control, parking, or use of common areas — those would be in the Declaration or separate rules.
Key facts from Fountain Villa Plat 1 Association's documents
- Community type
- Horizontal Property Regime (condominium) (Declaration referenced; Article I define)
- Developer / declarant
- IOWA-ARIZONA PROPERTIES, INC. (Article II, Section 6)
- Collections & liens
- Association may foreclose lien on property for unpaid assessments or bring action at law against owner personally (Article VII, Section 2(c)(3); Article XI)
- Maintenance
- Board shall cause Common Areas and Restricted Common Areas to be maintained. (Article VII, Section 2(g))
- Voting & meetings
- Each member may vote in person or by proxy. (Article III, Section 5)
- Amendments
- Bylaws may be amended by majority vote of a quorum of members present in person or by proxy at regular or special meeting. (Article XII, Section 1)
About this HOA
Fountain Villa Plat 1 Association is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for Fountain Villa Plat 1 Association: 1 CC&R. Last updated 2026-07-15.