Kendall Condominiums I, Inc.

Key facts from Kendall Condominiums I, Inc.'s documents

Reflects the 1997 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Document title and Article 1 definition)

Legal name

Kendall Condominiums Homeowners Association I, Inc. (Declarant intends; may use similar name if unavailable) (Definition (E))

Developer / declarant

Northstar Contractors, Inc., an Arizona corporation (Introductory paragraph and Section 1.1 ()

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Article 1, Section 1 (M))

Assessments & dues

Board of Directors adopts a budget of estimated Common Expenses; total amount assessed to Units in proportion to their Common Expense Liability (equal per Section 2.2). (Article 7, Section 7)

Special assessments

Delinquent assessments extinguished under Section 7.1 may be reallocated and assessed to all Units as a Common Expense. (Article 7, Section 7.1)

Collections & liens

Assessment lien is subordinate to any First Mortgage. A First Mortgagee acquiring title through foreclosure takes free of unpaid assessments, penalties, etc. that became payable before sale. (Article 7, Section 7.1)

Reserves & fees

Common Expenses include allocations to reserves (by definition). No specific reserve fund requirements stated. (Article 1, Section 1.1 (J): 'Common Expe)

Parking & vehicles

No inoperable vehicle may be stored or parked on any portion of the Condominium so as to be visible from Neighboring Property. (Article 4, Section 4.9)

Architectural approval

Architectural Committee established by Board to regulate external design, appearance, use and maintenance. Prior written approval of Adjacent Unit Owner required for structural additions, alterations, improvements, or modifications to exter (Article 4, Section 4.3; Article 6, Secti)

Home business

No gainful occupation, profession, trade or other nonresidential use shall be conducted; but Unit Owner may maintain personal professional library, keep personal business records, handle personal business calls or correspondence. (Article 4, Section 4)

Signs & flags

Declarant may maintain advertising or sales signs on Common Elements during marketing period. (Article 3, Section 3.3 (A))

Maintenance

Association has duties determined by Unit Owners. Unit Owner maintains his own Unit and Limited Common Elements allocated to him. Association maintains Common Elements (unless delegated). (Article 5, Sections 5 and 5.1)

Insurance

Each Unit Purchaser shall maintain fire, casualty and liability insurance on his Unit at full replacement value, with carrier rated B+ or better. Minimum liability coverage: $500,000 (jointly with Adjacent Unit Owner if no larger amount spe (Article 8, Section 8)

Use restrictions

Each Unit and Limited Common Elements shall be used, improved and devoted exclusively to residential use by a Single Family. (Article 4, Section 4)

Voting & meetings

One vote per Unit, allocated equally. (Article 2, Section 2.3)

Amendments

Amendments (except those by Declarant during control period or by operation of law) require vote of Unit Owners holding 100% of votes. No amendment shall increase units, change boundaries, allocated interests, or use restrictions without un (Article 10, Section 10.4 (A), (B), (D), )

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