Ibsen Estates
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Ibsen Estates's governing documents say
Ibsen Estates is a 2-unit condominium in Fountain Hills, AZ, governed by this Condominium Declaration. You own your individual unit (A or B) and share ownership of common elements equally. The association maintains the common areas, and each unit owner is responsible for maintaining their own unit and certain limited common elements, such as exterior features like porches and balconies. The community is subject to the Fountain Hills Committee of Architecture rules.
- Use restrictions: Units are for single-family residential use only. No businesses, solar devices, satellite dishes, clotheslines, or inoperable vehicles visible from neighboring property. No nuisances or offensive activities. All laws and zoning ordinances must be observed.
- What you own & maintain: You own the interior of your unit (from finished walls inward, including interior partitions and fixtures). You are responsible for maintaining and repairing your unit and any limited common elements allocated to you (e.g., balconies, exterior doors, windows). The association maintains common elements and carries master insurance.
- Assessments & fees: Common expenses are assessed equally between the two units (50/50). Each unit has one vote. The association may levy assessments based on an annual budget. Assessment liens are subordinate to first mortgages.
- Insurance requirements: Each unit owner must maintain fire, casualty, and liability insurance on their unit for at least its full replacement value, with combined liability coverage of at least $500,000 between the two unit owners. Evidence of insurance must be provided to the adjoining unit owner.
- Architectural review: An architectural committee (at least 2 members appointed by the board) regulates external design and appearance. Any structural additions, alterations, or exterior changes require prior written approval from the owner of the adjacent unit. Nonstructural interior changes do not require approval but must not damage other units or common elements.
- Rights of mortgage lenders: First mortgage holders have significant rights, including notice of certain events, approval of amendments affecting their interests, and priority over assessment liens. The declaration cannot be amended or terminated without consent of 100% of first mortgagees (based on vote allocation).
Key facts from Ibsen Estates's documents
- Community type
- condominium (Article 2, Section 2: Submission of Prop)
- Legal name
- THE SHEFFIELDS
- Governing law
- Arizona Condominium Act, A.R.S. 33-1201 et seq. (Article 1, Section 1 (General Definition)
- Assessments & dues
- Not set; determined by Board budget each fiscal year (Section 7 (Common Expense Assessment))
- Collections & liens
- Assessment Lien subordinate to First Mortgage; foreclosure sale or deed in lieu clears liens; delinquent amounts may be reallocated to all Units as Common Expense (Section 7B)
- Reserves & fees
- Common Expenses include allocations to reserves (Definition (J) Article 1)
- Leasing & rentals
- Leasing is implicitly allowed (referenced in Article 9.1(x) requiring mortgagee approval for restrictions on leasing). (Section 9.1(A)(x) (page 20): 'Leasing of)
- Parking & vehicles
- No inoperable vehicle may be stored or parked on any portion of the Condominium so as to be Visible From Neighboring Property (Section 4.9)
- Architectural approval
- Architectural Committee regulates external design, appearance, use and maintenance; structural additions, alterations, improvements or modifications of exterior color/texture require prior written approval of the owner of the Adjacent Unit (Sections 6.3 and 4.3)
- Solar & roof
- No solar collection or energy device may be placed if visible from neighboring property without advance written consent of the owner of the Adjacent Unit (Section 4.1)
- Home business
- No gainful occupation or trade, but Unit Owner may maintain personal professional library, keep personal business records, handle personal business calls or correspondence (Section 4)
- Signs & flags
- Declarant may maintain sales signs; no other sign rules mentioned. (Section 3.3(A) (page 10): 'Declarant sha)
- Maintenance
- Association duties determined jointly by Unit Owners; each Unit Owner maintains his Unit and allocated Limited Common Elements at his own expense; if Association fails to maintain Common Elements, each Unit Owner must maintain Common Elemen (Sections 5, 5.1)
- Insurance
- Each Purchaser shall maintain fire, casualty and liability insurance on his Unit at full replacement value with carrier rated B+ or better, and provide liability coverage so that each Purchaser and owner of Adjacent Unit jointly have not le (Section 8)
- Use restrictions
- Each Unit and Limited Common Elements shall be used exclusively for residential use by a Single Family (Section 4)
- Voting & meetings
- Each Unit has one vote (Section 2.3: 'the votes in the Associati)
- Amendments
- Unanimous consent of Unit Owners (100% of votes) required to amend Declaration, except Declarant may amend during Period of Declarant Control for compliance with law or correction of errors without adverse effect on Unit Owners (Section 10.4(A), (D), (E))
About this HOA
Ibsen Estates is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for Ibsen Estates: 1 CC&R. Last updated 2026-06-14.
Governing documents
- Declaration of Covenants (2002) (28 pages) — PDF