Mirage Condominiums Lxiv

Key facts from Mirage Condominiums Lxiv's documents

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

Community type

condominium (Art. 2 Submission of Property: "hereby s)

Legal name

Mirage Condominiums Home Owners Association, LXIV (Article 1.1(E))

Developer / declarant

Scott Properties, Inc., an Arizona corporation (Opening paragraph of Declaration)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Art. 1 Definitions, 1. General Definitio)

Assessments & dues

Board adopts budget; total Common Expenses assessed against each Unit proportionally to its Common Expense Liability (equal per Unit). (Art. 7 Common Expense Assessment)

Collections & liens

Assessment liens are subordinate to any First Mortgage. First Mortgagee acquiring title through foreclosure takes free of unpaid assessments; those amounts may be reallocated to all Units as a Common Expense. (Art. 7.B Subordination of Assessment Lie)

Parking & vehicles

No inoperable vehicle may be stored or parked on any portion of the Condominium so as to be Visible From Neighboring Property. (Art. 4.9)

Solar & roof

No solar collection/energy devices (including water heaters, electrical units, ovens) visible from Neighboring Property without consent of Adjacent Unit owner. (Art. 4.1 Solar and Radio/Television Sign)

Home business

Unit Owner may handle personal business or professional records, calls, correspondence from his Unit. (Art. 4: "but a Unit Owner may his person)

Signs & flags

Declarant may maintain one or more advertising or sales signs on Common Elements; no mention of owner signs. (Art. 3.3 Declarant's Use for Sales and L)

Maintenance

Association has duties as Unit Owners jointly determine. Each Unit Owner maintains his Unit and Limited Common Elements. Association does not maintain Units. (Art. 5 Duties of the Association and Dut)

Insurance

Each Purchaser must maintain fire, casualty and liability insurance on his Unit at full replacement value (or as required by Association or both Unit Owners) with carrier rated B+ or better, and at least $500,000 liability coverage jointly (Art. 8 Scope of Coverage)

Use restrictions

Each Unit and Limited Common Elements shall be used exclusively for residential use by a Single Family. No gainful occupation, profession, trade or other nonresidential use. (Art. 4 Single Family Residential Use)

Voting & meetings

Each Unit has one vote. Votes allocated equally among all Units. (Art. 2.3 Allocation of Votes in the Asso)

Amendments

Requires vote of Unit Owners to which at least 100% of votes are allocated, except for amendments by Declarant during control period (to comply with law, correct errors) or by Association under certain statutes. Unanimous consent needed to (Art. 10.4 Amendment)

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