Vintage Condominiums of Gilbert

What Vintage Condominiums of Gilbert's governing documents say

This is the Bylaws of the Vintage Condominiums of Gilbert Owners Association, a condominium community in Guadalupe, AZ. The document governs how the association is run — board elections, meetings, voting, and financial reporting — and applies to all unit owners. It does not contain detailed rules about daily living like pets, leasing, or use of common areas (those are in the Declaration or Rules & Regulations).

• Voting & meetings: Annual meetings are required; special meetings can be called by 25% of owners. Quorum is 10% of total votes. Proxies are prohibited after declarant control; absentee ballots are allowed and must be returned at least 7 days after delivery. Action may also be taken by written consent of a majority of voting power.
• Board of directors: After declarant control, the board has 3 to 7 members (always odd number), all must be unit owners, elected for 1-year terms. Directors serve without compensation but can be reimbursed for expenses. A majority of the prescribed number constitutes a quorum; acts require majority of directors present.
• Assessment & voting suspension: If a unit owner is more than 15 days delinquent on assessments, penalties, or fees, their voting rights are automatically suspended until paid current (including interest and attorneys' fees). The board may also suspend use of common elements for infractions.
• Financial records & budget: An annual financial report (balance sheet, income statement, changes in financial position) must be available to members within 60 days after fiscal year end. The board prepares and adopts an annual budget before each fiscal year.
• Managing agent: The board may hire a managing agent for up to 3 years, with 30-day termination notice. The agent cannot adopt budgets, amend rules, designate bank signatories, borrow money, acquire units, or allocate limited common elements.
• Officers: Principal officers are president, vice president, secretary, treasurer (after declarant control, president must be a director; president and secretary cannot be same person). Officers are elected annually by the board and can be removed with or without cause.
• What this document doesn't cover: This is only the Bylaws, which focus on governance. It does not include the Declaration (which would define property rights, assessments, and use restrictions) or any rules about pets, leasing, parking, age restrictions, or architectural changes. Those are found in other governing documents.

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.