Sherwood Sunset Condominiums

What Sherwood Sunset Condominiums's governing documents say

Sherwood Sunset is a 2-unit condominium community in Fountain Hills, AZ — you own your individual unit and share the building and common elements with one adjoining unit. The document is a full Condominium Declaration that sets use restrictions, maintenance duties, and governance rules binding on all unit owners.

• Use & occupancy: Each unit must be used as a single-family residence. 'Single Family' means a group of related or unrelated persons living together as a common household. No business, trade, or nonresidential use is allowed, though owners may keep a personal library or handle business calls from home.
• Neighbor consent & exterior changes: No structural additions, alterations, or changes to exterior color/texture may be made without prior written approval from the owner of the adjoining unit. Solar devices, satellite dishes, and antennas visible from neighboring property also require that consent. All changes are also subject to the Fountain Hills Committee of Architecture and the community's own Architectural Committee.
• Architectural committee: The Board of Directors must appoint an Architectural Committee of at least two members to regulate external design, appearance, and use of the condominium. Their rules may be more restrictive than the Declaration.
• Maintenance responsibilities: Each unit owner maintains their unit and any limited common elements (e.g., balconies, porches, exterior doors, windows). The Association maintains the common elements (shared building parts and grounds). If the Association fails to maintain common areas, each owner must maintain the portion adjacent to their unit.
• Assessments & budget: Common expenses are assessed equally per unit (50% each). The Board of Directors sets an annual budget and levies assessments. Assessments may include reserves for replacements. The Board may charge late penalties. Assessments are payable monthly in advance or as the Board determines.
• Insurance requirements: Each unit owner must maintain fire, casualty, and liability insurance on their unit for full replacement value, with at least $500,000 in combined liability coverage (shared with the adjoining owner). Proof of insurance must be provided to the adjoining unit owner.
• Dispute resolution: Disputes between unit owners must first be addressed by a written notice, followed by a 21-day period to settle. If unresolved, the dispute goes to binding arbitration — either by a mutually agreed arbitrator or one selected by the Maricopa County Superior Court. The arbitration decision must be complied with within 30 days.
• View protection: No new landscaping, construction, or fixtures may obstruct or impede the views from either unit (Side A or Side B).

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.