Mirage Condominiums Lxiii, Inc.

Key facts from Mirage Condominiums Lxiii, Inc.'s documents

Reflects the 1994 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and Section 2 "submitted to a Cond)

Developer / declarant

Scott Properties, Inc., an Arizona corporation (Opening paragraph (page 3 or 4))

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Section 1 (page 4) and passim)

Assessments & dues

Assessed in proportion to Unit's Common Expense Liability. For Units 1 and 2, allocated equally (50% each) as per Section 2.2. (Article 7, Section A and Article 2, Sect)

Collections & liens

Any Assessment Lien is subordinate to the lien of any First Mortgage. Upon foreclosure or deed in lieu, acquirer takes title free of delinquent assessments (which may be reallocated to all Units). Delinquent assessments before sale remain o (Article 7, Section B: pages 18-19)

Reserves & fees

Common expenses include allocations to reserves (definition in 1.1(J)). (Article 1, Section 1.1(J): page 4-5)

Leasing & rentals

Not specifically addressed; but Section 9.1(x) refers to leasing of Units as a topic requiring mortgagee approval for amendment, implying leasing is allowed but subject to restrictions that could be amended. (Article 9, Section 9.1(A)(x): page 20)

Parking & vehicles

No motor vehicle construction, reconstruction, servicing or repair on Condominium so as to be Visible From Neighboring Property (except emergency repairs). No inoperable vehicle may be stored or parked so as to be Visible From Neighboring P (Article 4, Section 4.9: page 15)

Architectural approval

Architectural Committee established (Section 6.3). Structural additions, alterations, improvements or modifications to exterior color/texture require prior written approval of Adjacent Unit owner. Nonstructural interior changes do not requi (Article 4, Section 4.3: page 14; Article)

Solar & roof

Solar collection/energy devices and satellite dishes or antennas are prohibited if Visible From Neighboring Property without advance written consent of Adjacent Unit owner. (Article 4, Section 4.1: pages 13-14)

Home business

Not allowed as a business; only personal professional library or handling of personal business calls/correspondence. (Article 4, Section 4: "but a Unit Owner )

Signs & flags

Declarant may maintain advertising or sales signs on Common Elements during sales period. No specific provision for Unit Owner signs. (Article 3, Section 3.3(A): page 10)

Maintenance

Unit boundaries include top surface of roof, but roof is part of Unit (Section 2.1). Maintenance of Unit is Unit Owner's duty (Section 5.1(A)). However, Limited Common Elements allocation may affect roof if serving single unit. In Section 2 (Article 2, Section 2.1(A): boundaries in)

Insurance

Not explicitly mentioned; each unit owner required to maintain own insurance. (Article 8, Section 8: page 18)

Use restrictions

Each Unit and Limited Common Elements used exclusively for residential use by a Single Family. No gainful occupation, profession, trade, other nonresidential use, except personal professional library, records, accounts, calls, correspondenc (Section 4 and Section 1.1(FF) for "Singl)

Voting & meetings

Each Unit has one vote (Section 2.3)

Amendments

Except as allowed by Condominium Act or for certain amendments by Declarant during control period, amendment requires vote of Unit Owners to which at least 100% of votes allocated (unanimous). Declaration cannot increase units, change bound (Article 10, Section 10.4(A)-(F): pages 2)

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