Los Quintos Homeowners Association

What Los Quintos Homeowners Association's governing documents say

Los Quintos is a 5-unit condominium in Fountain Hills, Arizona (established 1981), where you own your unit's interior plus a 1/5 undivided share of the building, grounds, and facilities. The Association maintains and insures all common elements, funded by per-unit assessments. This Declaration outlines the rights and obligations of unit ownership.

• What you own & maintain: You own your unit's interior (from where utility lines enter the interior walls outward) plus an undivided 1/5 share of all building exteriors, roof, structural elements, grounds, and recreational facilities. The Association maintains and insures all common elements; you maintain only your unit interior.
• Assessments & monthly fees: First-year maximum annual assessment is $700 per unit, paid monthly. After year one, the Board may increase assessments up to 18% annually; larger increases require approval by a majority of unit owners. Assessments fund maintenance, repairs, insurance, and reserves. Delinquent payments incur 8% annual interest and become a lien on your unit.
• Residential use only: Your unit must be used solely as a single-family dwelling for you, your family, tenants, and social guests. No business, commercial, professional, religious, or institutional uses are allowed. Temporary structures and noxious or offensive activities are prohibited.
• Pets: Household pets are permitted but must be leashed or confined outside your unit. You are responsible for cleanup and any damage caused by your pets.
• Parking & vehicles: You have one assigned covered parking space. All personal vehicles must be parked in the Association-designated area for your unit; recreational and commercial vehicles must use a separate designated area.
• Alterations & architectural review: Any improvements, alterations, or repainting require written Association approval before work begins. You must submit plans showing construction details and cost. The Association has 30 days to approve; if it doesn't respond within 30 days, approval is deemed granted. You cannot expand your unit beyond its original square footage.
• Insurance & damage liability: The Association obtains master insurance on all buildings and common elements, with premiums included in your assessment. If you damage common elements, the Association repairs and assesses you for the cost. Damage disputes may be resolved through binding arbitration.
• Common walls: Bearing walls between units are common walls. If you or your guests damage a common wall, you alone pay for repairs. If damage results from other causes, both adjacent unit owners share the cost. Disputes are resolved through binding arbitration.

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.