Melichar Manor Condominiums

What Melichar Manor Condominiums's governing documents say

Melichar Manor Condominiums is a two-unit condominium in Fountain Hills, Arizona, where you own your individual unit (including a garage) and hold a 50% undivided interest in all shared elements alongside one other unit owner. The association maintains the common areas and levies assessments split equally between the two units.

• What you own & share: You own your unit's interior and attached garage; you also own a 50% undivided share of the building structure, grounds, landscaping, lighting, and fencing. Each unit carries 50% of common expenses and receives one vote in association decisions.
• Assessments & fees: Annual assessments are split equally (50-50). Late payments incur 10% annual interest plus Board-set late fees. Special assessments require approval of at least 50% of the units represented at a meeting, with costs allocated equally. The association's lien for unpaid assessments takes priority over most other liens except first mortgages.
• Maintenance duties: The association maintains the common elements (structure, grounds, landscaping, lighting, walls, fencing). You maintain your unit's interior, all exterior surfaces (doors, windows, paint), your garage (door, lights, opening systems), HVAC/heater/water heater, and the roof above your unit. You cannot paint or change the exterior color of your patio or any visible limited common elements without Board written approval.
• Limited common elements: You have exclusive use of your covered patio area, front yard area, private driveway to your garage, and any utilities (meters, HVAC units) that serve only your unit.
• Vehicle storage & parking: Routine overnight parking of daily-use vehicles is permitted. Boats, RVs, trailers, and vehicles not in daily use cannot be stored in your driveway for more than 48 hours in any 30-day period. Garage doors must be closed when not in use, and garages cannot be converted to living spaces.
• Property use restrictions: Trash must be kept in sanitary containers (not in front entry or courtyard areas) and removed regularly. No furniture, appliances, motorcycles, vehicles, storage units, or goods may be visible from the street or stored in common or limited common elements. No exterior clotheslines, speakers, horns, or nuisances are permitted.
• Insurance & damage recovery: The association carries property insurance on common elements (minimum 80% of actual value) and liability coverage, funded by common expenses. If your unit is damaged, you must rebuild per original specifications and exterior appearance or clear the lot; the Board may approve alternative designs if requested in writing. If common element damage exceeds insurance proceeds, the association may levy a special assessment.
• Governance & dispute resolution: During the developer's control period, the developer appoints Board members. Once that ends, unit owners elect a Board of at least 2 members (who must be unit owners). Disputes are resolved through mediation in Maricopa County, Arizona, or mandatory binding arbitration if mediation fails.

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.