Lost Arrow Twin Views Condominiums
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Lost Arrow Twin Views Condominiums's governing documents say
Lost Arrow Twin Views is a two-unit condominium in Fountain Hills, AZ. You own your unit's interior and share ownership of common elements with one other owner. The association maintains the building exterior and common areas, funded by assessments split equally between the two units.
- What you own & maintain: You own the interior of your unit and must maintain it, including fixtures and appliances serving only your unit. The association maintains the common elements (building exterior, roof, landscaping) and limited common elements (e.g., driveways, parking spaces) are your responsibility.
- Assessments & fees: Annual assessments are split equally between the two units (one-half each). Special assessments require approval by at least three-fourths of votes of units represented at a meeting. Assessments are due in installments as set by the board.
- Pets: No more than two house pets per unit, and no pet may exceed 50 pounds unless it is a service animal for a handicapped resident. The board may further restrict size, number, and areas where pets are allowed.
- Parking & vehicles: Routine overnight parking of daily-use vehicles is allowed if removed each morning. No vehicle storage in driveways for more than 72 hours in any 30-day period. Boats, RVs, trailers, and other vehicles may not be stored on common elements.
- Structures & storage: No structures, vegetation, or personal property exceeding 4 feet in height may be placed on common or limited common elements without unanimous written consent of all owners. No storage of personal property on common elements.
- Deadlock resolution: Because there are only two unit owners, if the board deadlocks on an issue, any owner may petition a court to appoint a third director with one vote to break the tie.
Key facts from Lost Arrow Twin Views Condominiums's documents
- Community type
- Condominium (Throughout document)
- Legal name
- Lost Arrow Twin Views Condominiums
- Governing law
- A.R.S. §§ 33-1211 et seq. (Recitals, paragraph 2)
- Assessments & dues
- Not set in document; determined annually by board based on budget (Section 4.d)
- Special assessments
- Effective only with approval of not less than three-fourths (3/4) of votes of units represented at a meeting (Declaration); Bylaws say 'unanimous consent' (Section 4.f; Bylaws Article V Section 3)
- Collections & liens
- Association has lien for assessments from due date; foreclosable like mortgage; lien priority except first mortgages and certain prior liens (Section 4.c; Bylaws Article V Section 7)
- Reserves & fees
- Budget shall provide for reserve for contingencies and replacements (Section 4.d)
- Pets
- Yes: 'generally recognized house pets' (Section 7 (page 12))
- Parking & vehicles
- Routine overnight parking of daily-use vehicles permitted if removed each morning; no storage >72 hours in 30 days; no boats, RVs, trailers stored in driveway (Section 7 (page 12))
- Fences
- No structure or thing exceeding 4 feet in height, including fence, may be constructed without unanimous written consent of all members (Section 7 (page 13))
- Insurance
- Property insurance on unit and limited common elements at least 80% actual cash value; liability insurance as determined by board (Section 6.b)
- Use restrictions
- Loud or obnoxious noise, music, sound, smell, or light prohibited (Section 7 (last paragraph on page 13))
- Voting & meetings
- Each unit owner has one vote per unit owned; court-appointed third member also has one vote (Bylaws Article II Section 2)
About this HOA
Lost Arrow Twin Views Condominiums is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for Lost Arrow Twin Views Condominiums: 1 CC&R. Last updated 2026-06-14.