Red Mountain View Condominiums

Key facts from Red Mountain View Condominiums's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2.0 Submission of Property, page)

Legal name

Red Mountain View Condominiums

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Article 1.0, page 1; multiple references)

Assessments & dues

Board of Directors adopts budget; Common Expense Assessment levied against each Unit in proportion to its Common Expense Liability (equal shares). (Section 7.0 and Section 2.2, pages 17-18)

Collections & liens

Assessment Lien granted by Condominium Act; subordinate to First Mortgage lien. Delinquent assessments remain obligation of defaulting owner; foreclosure purchaser takes free of prior unpaid assessments. (Section 1.1(F), page 3; Section 7.1, pag)

Reserves & fees

Common Expenses include allocations to reserves. (Section 1.1(L), page 3)

Parking & vehicles

No inoperable vehicle may be stored or parked on any portion of the Condominium so as to be Visible From Neighboring Property. (Section 4.8, page 15)

Architectural approval

Architectural Committee (established by Board) regulates external design, appearance, use and maintenance. Prior written approval required for: solar collection devices or satellite dishes if Visible From Neighboring Property (ARC and Board (Section 6.3, page 17; Section 4.1, page )

Solar & roof

No solar collection or energy device may be placed on Unit or Common Elements if Visible From Neighboring Property without advance written consent of Architectural Committee and the Board. (Section 4.1, page 13-14)

Home business

Permitted: personal professional library, personal business accounts, handling personal business calls or correspondence from the Unit. (Section 4.0, page 13)

Maintenance

Roof is part of Common Elements (exterior surfaces above finished surfaces are Common Elements); therefore Association responsible for roof maintenance. (Section 2.1(A), page 8)

Insurance

Each Purchaser (Unit Owner) shall maintain fire, casualty and liability insurance on his Unit at full replacement value, with carrier rated B+ or better by Best's. Minimum $500,000 liability coverage combined with Adjoining Unit if not othe (Section 8.0, page 18)

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. (Section 4.0, page 13)

Voting & meetings

Each Unit has one vote. (Section 2.3, page 9)

Amendments

Except as allowed by Condominium Act or Declarant's Development Rights, amendment requires vote of Unit Owners to which at least 100% of votes allocated. During Period of Declarant Control, Declarant may amend to comply with law or correct (Section 10.4, pages 24-25)

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