The Lo Lani Condominiums
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What The Lo Lani Condominiums's governing documents say
The Lo Lani Condominiums is a two-unit condominium community in Fountain Hills, AZ. You own your unit and a 50% undivided interest in the common elements. The association handles common area maintenance and insurance, funded by equal assessments on each unit. Key rules govern use restrictions, maintenance duties, and parking.
- What you own & maintain: You own the interior of your unit, including the garage. You must maintain your unit, including the roof, garage door, windows, doors, and limited common elements like patios and backyards. The association maintains all other common elements (landscaping, walls, perimeter fencing).
- Assessments & fees: Annual and special assessments are split 50/50 between the two units. Special assessments require approval by more than 50% of votes at a member meeting. Late payments incur 10% annual interest and reasonable late fees. The association can place a lien and foreclose for unpaid assessments.
- Parking & vehicles: Routine overnight parking of daily-use vehicles is allowed. Boats, RVs, trailers, and non-daily vehicles cannot be stored in the driveway for more than 72 hours in any 30-day period. Garage doors must be closed when not in use, and garages cannot be converted to living space.
- Use restrictions: No storage of furniture, vehicles, or goods on common or limited common elements (patio furniture in use is excepted). No clotheslines, exterior speakers, or open fires (except barbecue/fire pits in approved containers). Trash must be kept in containers inside or alongside the garage, not in front entry or courtyard.
- Insurance: The association maintains property insurance on common elements (100% replacement cost) and liability insurance of at least $1,000,000 per occurrence. You can buy your own insurance for your unit and personal property. Insurance proceeds for common elements are held in trust for unit owners and lienholders.
- Dispute resolution: Any dispute arising from the declaration must first go to mediation in Maricopa County, then to binding arbitration if unresolved. Each party pays its own costs and fees, and joint expenses are split equally.
- Leasing & rentals: The document provided does not address leasing restrictions, rental limits, or any requirement for lease terms. No rules about pets are mentioned. For complete rules, refer to the full condominium documents (bylaws and rules).
Key facts from The Lo Lani Condominiums's documents
- Community type
- Condominium
- Legal name
- The Lo Lani Condominiums
- Units / lots
- 2 (Units A and B) (Article II, Section 2.0: 'Identifying Nu)
- Developer / declarant
- Lo Lani Properties, LLC
- Governing law
- A.R.S. §§ 33-1211 et seq. (Condominium Act) (Recitals B)
- Assessments & dues
- Not set; based on annual budget adopted by Board (Article IV, Section 4.3)
- Special assessments
- May be levied with approval of more than 50% of votes present at a meeting called for that purpose; allocated equally among Units (Article IV, Section 4.5)
- Collections & liens
- Lien for assessments (including fines, penalties) secures payment; prior to all other liens except first mortgage recorded in good faith; enforceable by foreclosure as mortgages (Article IV, Section 4.2)
- Reserves & fees
- Annual budget shall provide a reserve for contingencies and a reserve for replacements. (Article IV, Section 4.3)
- Parking & vehicles
- Routine overnight parking of daily transportation vehicles allowed; no boats, RVs, trailers, or non-daily-use vehicles stored in driveway >72 hours in 30-day period; garage doors closed when not in use (Article III, Sections 3.10 and 3.11)
- Architectural approval
- Board prior written consent required to paint or change exterior color scheme or surfacing materials of patio/balcony areas or Limited Common Elements visible from Common Elements or other Units; also reconstruction after damage must substa (Article V, Section 5.2(B) and Article IX)
- Signs & flags
- Not directly addressed; but Section 3.2 prohibits storage of goods visible from street; no specific sign restriction (Article III, Section 3.2)
- Maintenance
- Each Unit Owner maintains roof above their respective Unit (Article V, Section 5.2(D))
- Insurance
- Premiums and deductibles are Common Expenses paid by Association. (Article VII, Section 7.2)
- Use restrictions
- Prohibited; no activity offensive or detrimental to Condominium or Unit Owners (Article III, Section 3.9)
- Voting & meetings
- One vote per Unit; allocated equally; subject to suspension for violation of Condominium Documents (Article II, Section 2.4)
- Amendments
- Amendment by instrument signed and acknowledged by unanimous vote of Board of Directors certifying adoption (also declarant may amend during declarant control for certain purposes) (Article X, Section 10.4 and Article I de)
About this HOA
The Lo Lani Condominiums is a homeowners association in Fountain Hills, AZ.
HOAproxy has 1 document on file for The Lo Lani Condominiums: 1 CC&R. Last updated 2026-06-15.