La Placita Condominiums Homeowners Association, Inc.
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What La Placita Condominiums Homeowners Association, Inc.'s governing documents say
La Placita Condominiums is a 10-unit condominium community in Fountain Hills, AZ — you own your unit and share ownership of common elements, with the association maintaining common areas and carrying master insurance, funded by equal per-unit assessments. This declaration governs use, maintenance, and architectural standards, and applies to all unit owners.
- What you own & maintain: You own the interior surfaces of your unit (walls, floors, ceiling) and must maintain your unit and any limited common elements allocated to you (e.g., balcony, patio, parking space). The association maintains common elements and carries property and liability insurance.
- Use restrictions: Units are for single-family residential use only. No gainful occupation, profession, or trade is allowed, though you may keep a personal professional library or handle personal business calls. No solar devices, satellite dishes, or antennas visible from neighboring property without adjacent owner consent. No outside clotheslines, no inoperable vehicles visible, no nuisances.
- Architectural review: An Architectural Committee (appointed by the Board) regulates external design, appearance, use, and maintenance. Nonstructural interior changes don't need approval, but structural additions or exterior modifications (color, texture) require written approval from the owner of the adjacent unit. The community is also subject to the Fountain Hills Committee of Architecture.
- Assessments & finances: Common expenses are assessed equally per unit (each unit has equal common expense liability). The association may levy assessments based on an adopted budget. Assessment liens are subordinate to first mortgages. Delinquent assessments may be reallocated as common expenses after foreclosure.
- Parking & vehicles: If your unit does not include a garage, you are allocated a covered parking space as a limited common element. No inoperable vehicles may be stored or parked so as to be visible from neighboring property, and no vehicle repair (except emergency) is allowed in visible areas.
- Rights of mortgage holders: First mortgagees have significant approval rights over amendments to the declaration, articles, or bylaws affecting voting, assessments, insurance, leasing restrictions, and more. No right of first refusal exists for unit sales. Certain actions (e.g., termination of condominium) require 100% approval of first mortgagees.
- What this document doesn't cover: This excerpt does not include rules on pets, leasing minimum terms, age restrictions, or specific homeowner association rules (e.g., noise, trash schedules). Those may be found in the Association's separate rules and regulations.
Key facts from La Placita Condominiums Homeowners Association, Inc.'s documents
- Community type
- Condominium (Title and Preamble)
- Governing law
- Arizona Condominium Act, A.R.S. 33-1201 et seq. (Article 1, Section 1.1(M))
- Assessments & dues
- Not set; total estimated Common Expenses assessed proportionally to each unit's Common Expense Liability. (Section 7A)
- Collections & liens
- Assessment lien is subordinate to any First Mortgage; foreclosure or deed in lieu extinguishes delinquent assessments; extinguished amounts may be reallocated to all units as Common Expense. (Section 7B)
- Reserves & fees
- Common Expenses includes allocations to reserves. (Section 1.1(J))
- Leasing & rentals
- Not explicitly addressed in Declaration; leasing offices allowed for Declarant; leasing of Units is a material amendment requiring mortgagee approval (Article 9.1(xi)). (Section 9.1(xi))
- Parking & vehicles
- No motor vehicle construction/reconstruction/service/repair visible from neighboring property except emergency repairs; no inoperable vehicle stored/parked visible. Declarant may restrict use of parking spaces not allocated as Limited Commo (Section 4.9, Section 3.3(C))
- Architectural approval
- Architectural Committee regulates external design, appearance, use and maintenance. Prior written approval of owner of Adjacent Unit required for structural additions, alterations, improvements, or modification of exterior color or texture. (Section 6.3, Section 4.3)
- Solar & roof
- No solar collection device visible from neighboring property placed on Unit, roof, walls, or Limited Common Elements without advance written consent of owner of Adjacent Unit. (Section 4.1)
- Home business
- Gainful occupation, profession, trade or other nonresidential use prohibited; but unit owner may maintain personal professional library, keep business records, handle business calls or correspondence in unit. (Section 4)
- Signs & flags
- Declarant may maintain signs advertising the Condominium as a Special Declarant Right. (Section 1.1(GG)(iii))
- Maintenance
- Unit Owner liable to Association and Adjoining Unit Owner for damage to Common Elements or Improvements resulting from negligence or willful conduct. (Section 5.2)
- Use restrictions
- Each Unit and Limited Common Elements shall be used, improved and devoted exclusively to residential use by a Single Family. (Section 4)
- Voting & meetings
- Each unit has one vote; allocated equally among all units. (Section 2.3)
- Amendments
- Declaration may be amended only by vote of unit owners to which at least 100% of votes allocated. Exceptions for Declarant amendments during control period to comply with law or correct errors. Amendments must be recorded. (Section 10.4)
Collections & enforcement records
Public records show 1 enforcement filing by this association in 2016.
*Distinct properties liened, not filings — one home may be liened repeatedly over the years, so this counts the homes affected.
Source: Maricopa County Recorder and Maricopa County Superior Court public indexes.
About this HOA
La Placita Condominiums Homeowners Association, Inc. is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for La Placita Condominiums Homeowners Association, Inc.: 1 CC&R. Last updated 2026-07-16.