Hamilton Drive Condominiums

What Hamilton Drive Condominiums's governing documents say

Hamilton Drive Condominiums is a small condominium community in Fountain Hills, AZ, consisting of only two units. Owners own their individual units and share undivided interests in common elements. The community is governed by this declaration, which sets residential use rules, maintenance responsibilities, and architectural standards.

• What you own & maintain: You own the interior of your unit, including interior partitions and fixtures. The association maintains common elements (e.g., building exterior, common areas). Each unit owner is also responsible for maintaining limited common elements allocated to their unit (e.g., yard, patio, exterior doors/windows, and utility meters serving only that unit).
• Use restrictions: Units must be used exclusively for residential purposes by a single family (persons related by blood/marriage/adoption or a group maintaining a common household). No commercial activity is allowed, though personal business calls or correspondence from the unit are permitted. Nuisances, offensive activities, and unlawful uses are prohibited.
• Architectural review: An architectural committee regulates external design, appearance, and alterations. Any structural additions, changes to exterior color/texture, or installation of solar devices, satellite dishes, or antennas that are visible from neighboring property require prior written approval from the committee and board.
• Assessments: Common expense assessments are levied against each unit in proportion to its 1/2 share of common expenses, based on the annual budget adopted by the board. Assessment liens are subordinate to first mortgages.
• Insurance requirements: Each unit owner must maintain fire, casualty, and liability insurance on their unit at full replacement value, with a carrier rated B+ or better. Combined liability coverage of at least $500,000 is required. Evidence of insurance must be provided to the adjoining unit owner.
• Rights of mortgagees: First mortgagees have rights to receive notices of delinquencies, losses, and proposed actions. Certain amendments, terminations, or actions by the association require consent from mortgagees holding 100% of votes on mortgaged units. The declaration prohibits rights of first refusal on unit sales.

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.