Autoplex Owners Association

What Autoplex Owners Association's governing documents say

This is a partial amendment to the governing documents for Autoplex, a commercial auto mall in Tempe, AZ. It creates two classes of membership (auto dealers and non-dealer businesses), establishes a committee and special assessments for auto dealers, and excludes a parcel from the development. This document does not apply to residential properties or contain typical HOA rules.

• Membership classes: Two classes: Class A (auto dealers on designated parcels) and Class B (other businesses on designated parcels). Class B members are not assessed for the freeway sign or auto merchant costs.
• Auto Merchants Committee & Assessments: Class A members form an Auto Merchants Committee to plan joint advertising and promotions. They pay a base assessment of $3,000/month per showroom plus a per-vehicle assessment of $20 per new/used retail vehicle sold or leased (excluding national fleet sales). These amounts cannot be increased without a two-thirds vote of Class A members.
• What this amendment doesn't cover: This document is a partial amendment; it does not contain comprehensive rules on leasing, pets, age restrictions, or other typical residential HOA provisions. For full rules, see the original Declaration and First Amendment.

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.