Mirage Condominiums Xlii, Inc.
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Mirage Condominiums Xlii, Inc.'s governing documents say
Mirage Condominiums XLII is a two-unit condominium in Fountain Hills, Arizona. You own your unit's interior; both owners jointly own the common building structure and grounds, maintained by the association and funded by equal per-unit assessments. You have one vote in the association, and amendments to the declaration require unanimous unit-owner approval (except during the developer's control period for certain compliance-related changes).
- What you own & maintain: You own your unit's interior and any limited common elements allocated to you (yard, patio, individual utility meters). The association maintains the common building structure and grounds; if it fails to do so, you become responsible for common elements contiguous to your unit.
- Residential use only: Units are restricted to single-family residential use; no business operations or professions are allowed, though you may maintain a personal professional library, keep business records, and handle business calls from your unit.
- Alterations & adjacent-unit approval: Any structural additions, alterations, or exterior modifications (including color/texture changes) require written approval from the adjacent unit owner. Nonstructural interior improvements don't require approval but you remain liable for damage they cause.
- Insurance requirements: You must maintain fire, casualty, and liability insurance on your unit at full replacement value with a B+ or better-rated insurer. You and the adjacent unit owner must jointly maintain at least $500,000 in liability coverage.
- Architectural oversight: External design, appearance, and maintenance are reviewed by the association's architectural committee and the Fountain Hills Committee of Architecture; when rules conflict, the more restrictive standard applies.
- External restrictions & conditions: No outdoor clotheslines, visible vehicle repairs, or inoperable vehicle storage. Solar panels and satellite dishes visible from neighboring properties require written consent from the adjacent unit owner. All utility lines must be underground. Trash must be in town-approved covered containers.
- Assessments & voting: Common expenses are assessed equally to both units, and each unit has one vote. Amendments to the declaration require unanimous unit-owner approval, except for changes made by the developer during its control period or for legally-required compliance adjustments.
Key facts from Mirage Condominiums Xlii, Inc.'s documents
- Community type
- Condominium (Document title and Section 1.1(L))
- Developer / declarant
- Scott Properties, Inc., an Arizona corporation (Preamble)
- Governing law
- Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Section 1.1(M))
- Assessments & dues
- Not fixed; determined by budget adopted by Board of Directors for each fiscal year (Article 7A)
- Collections & liens
- Any Assessment Lien is subordinate to the lien of any First Mortgage; delinquent assessments may be reallocated as Common Expense (Section 7B)
- Parking & vehicles
- No motor vehicle constructed, serviced, or repaired on any portion of the Condominium so as to be visible from neighboring property; no inoperable vehicle stored or parked visible (Section 4.9)
- Architectural approval
- Architectural Committee established to regulate external design; structural additions or modifications to exterior require prior written approval of Adjacent Unit owner (Sections 6.3 and 4.3)
- Solar & roof
- No solar collection device visible from neighboring property without advance written consent of owner of Adjacent Unit (Section 4.1)
- Home business
- Unit Owner may maintain personal professional library, keep personal business records, handle personal business calls in the Unit (Section 4)
- Signs & flags
- Declarant may maintain one or more advertising or sales signs on the Common Elements during period Declarant deems appropriate (Section 3.3(A))
- Maintenance
- Association duties as Unit Owners jointly determine; each Unit Owner maintains his own Unit and allocated Limited Common Elements; if Association fails to maintain Common Elements, each owner obligated to maintain contiguous Common Elements (Sections 5, 5.1(A), 5.1(B))
- Insurance
- Each Purchaser shall maintain fire, casualty and liability insurance on his Unit in amount of full replacement value, with liability coverage of at least $500,000 jointly with Adjacent Unit owner (Section 8)
- Use restrictions
- Each Unit and Limited Common Elements shall be used exclusively for residential use by a Single Family (Section 4)
- Voting & meetings
- Each Unit has one vote, allocated equally among all Units (Section 2.3)
- Amendments
- Amendment requires vote of Unit Owners to which at least 100% of votes allocated; exceptions for Declarant's Development Rights and certain statutory amendments; amendments may not change unit boundaries or uses without unanimous consent (Section 10.4)
About this HOA
Mirage Condominiums Xlii, Inc. is a homeowners association in Fountain Hills, AZ.
HOAproxy has 2 documents on file for Mirage Condominiums Xlii, Inc.: 1 amendment and 1 CC&R. Last updated 2026-07-18.