Las Casitas Fountain Hills

Key facts from Las Casitas Fountain Hills's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Section 3: "submits ... to a horizontal )

Legal name

Las Casitas Fountain Hills Association, Inc. (Section 2.4)

Governing law

Arizona Revised Statutes Sections 33-551 through 33-561 (Section 1 (first WHEREAS))

Age restriction

Adult community: no person under 18 may occupy a unit, except social guest for up to 45 days per year; children born to or adopted by residents must vacate within 12 months. (Section 6.2)

Assessments & dues

Maximum initial monthly assessment is $70.00 per Condominium Unit (Section 10.4: "maximum monthly assessmen)

Special assessments

Allowed for capital improvements or other expenses when reserves inadequate; must be approved by 3/4 vote of each class of members voting in person or by proxy. Also special assessments for owner's failure to maintain and for enforcement co (Section 10.3 (last sentence) and 10.2(a))

Collections & liens

Assessments constitute a lien on the unit, enforceable by foreclosure (like mortgage) and personal debt action; Association has power of sale. Lien subordinate to first mortgage. (Sections 10.6(d),(e),(h))

Reserves & fees

Association shall establish and maintain a reserve fund adequate for periodic maintenance, repairs, and replacements of Common Elements, funded from regular assessments (Section 10.1(b))

Pets

Yes, only customarily accepted household pets, in numbers and according to Board rules; no animals for commercial purpose. (Section 6.7)

Leasing & rentals

Yes, but not for transient or hotel purposes (less than 30 days); must lease entire unit; lease must be in writing and subject to Declaration, Bylaws, and Condominium Documents; lessee's failure to comply is default under lease. (Section 6.6)

Parking & vehicles

Each unit has exclusive use of one parking space; assignment by Declarant or Board, reflected on Association records. Balance of spaces are unrestricted Common Area or may be assigned by Board. (Section 4.6(b))

Fences

No fences, hedges, walls, antennas, or landscaping except as initially installed by Declarant or approved by Board (Section 6.9)

Architectural approval

Structural alterations and any addition/alteration/improvement visible from other portions of Property or neighborhood require prior written approval of Board; non-structural interior changes do not require approval unless visible from outs (Section 8.2)

Home business

Commercial operations prohibited; Declarant may maintain sales offices and model units until July 1, 1985 or all units sold (Section 6.1)

Signs & flags

Only one "For Rent" or "For Sale" sign per unit, not more than 5 square feet, location approved by Board; no other advertising signs. Does not apply to Declarant during sale period. (Section 6.8)

Maintenance

Association maintains structural parts (outside walls, floor slabs, load bearing columns, etc.), conduits/ducts/plumbing serving other units or common elements. Owner maintains interior surfaces (except floor slab), air conditioning and hea (Section 8.1(a)(i) and (ii))

Insurance

Association shall maintain casualty insurance on buildings and improvements to 100% replacement cost including fire, extended coverage, all risk, vandalism, and malicious mischief. Public liability coverage minimum $1,000,000 per occurrence (Section 11.2)

Use restrictions

No part of Property shall be used for other than residential housing and related purposes; no religious, professional, commercial or industrial operations allowed (Section 6.1)

Voting & meetings

Each Condominium Unit is entitled to one vote; Declarant initially has Class B membership with three votes per unit owned. Two classes: Class A (all other owners) and Class B (Declarant). (Sections 9.1, 9.3)

Amendments

No amendment affecting First Mortgagee rights without prior written consent of all First Mortgagees; amendment must not be inconsistent with customary requirements of First Mortgagees. (Section 10.7(r))

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