Properties of Pacific Southwest L.L.C

What Properties of Pacific Southwest L.L.C's governing documents say

Properties of Pacific Southwest is a 2-unit condominium in Fountain Hills, Arizona, where you own your individual unit and share ownership of the building and common grounds. The homeowners association maintains shared facilities and provides master insurance, funded by equal monthly assessments from the two units. All owners must comply with both the association's rules and the Town of Fountain Hills' architectural committee requirements.

• What you own & maintain: You own your unit's interior; the association owns and maintains the building structure, common elements (landscaping, parking), and carries master fire and liability insurance. You're responsible for maintaining any limited common elements assigned to your unit, such as patios, balconies, entryways, or personal utility meters.
• Monthly assessments & budget: Owners pay equal monthly assessments (covering maintenance, utilities, taxes on common areas, reserves, and recreational facilities). The board adopts an annual budget; late-paying owners may be assessed penalty charges.
• Governance & voting: A 2-member board of directors (both must be unit owners) governs the association. Annual meetings are held April 1st each year; a 20% quorum is required, and majority vote (50%+) of owners present passes proposals. Each unit has one vote.
• Architectural review: All exterior modifications and design changes require written approval from the adjacent unit owner. The property is also subject to the Town of Fountain Hills' architectural committee; when rules conflict, the more restrictive requirement applies.
• Residential use only—no business: Units must be used exclusively for single-family residential occupancy. No gainful occupation, trade, or nonresidential business may be conducted in a unit, though you may maintain personal business records or handle business calls from your home.
• Restrictions on exterior features & vehicles: Satellite dishes, solar panels, clotheslines, or other visible outdoor devices are prohibited without the adjacent unit owner's written consent. No vehicle construction, repair, or storage of inoperable vehicles may be visible from neighboring property.

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.