Deerefield Condominiums I

Key facts from Deerefield Condominiums I's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Header)

Units / lots

two (implied by equal one-half fractional interest) (Section 2.2: 'each Unit's fractional int)

Developer / declarant

Deerefield Homes Limited

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Article 1, Section 1.0)

Assessments & dues

maximum initial $300 per Unit per year until January 1 of year after first Unit conveyance (Section 7.1(B)(i))

Special assessments

for capital improvements or other lawful purpose; requires approval by Unit Owners representing 2/3 of votes in person or proxy at a meeting; due 30 days after levy unless otherwise specified (Section 7.2)

Collections & liens

All Assessments, monetary penalties, fees secured by Assessment Lien; recording of Declaration constitutes notice and perfection; Association may bring action at law or foreclose lien like a realty mortgage; may bid at foreclosure sale (Sections 7.5(B)-(C))

Reserves & fees

budget shall include amounts for general operating reserves and reserves for contingencies and replacements (Section 7.0(A)(iv))

Pets

Yes, but only a single house pet not to exceed 20 pounds; kept solely as domestic pet, not commercial (Section 4.6)

Leasing & rentals

Yes, but only entire Unit (no partial lease) (Section 4.18: 'No Unit Owner may lease l)

Parking & vehicles

No buses, vans, or trucks having a carrying capacity in excess of 3/4 tons or designed for commercial purposes shall be maintained or parked except with prior written Board approval; temporary parking of delivery trucks, service vehicles, c (Section 4.11)

Architectural approval

Prior written approval of Architectural Committee required for: structural additions/alterations; any nonstructural addition/alteration visible from exterior of Building; placement of solar devices, satellite dishes/antennas/telescopes visi (Sections 4.1, 4.3, 4.4, 4.17)

Solar & roof

No solar collection device may be placed on Unit or Common Elements if visible from neighboring property without advance written consent of Architectural Committee and Board (Section 4.1)

Home business

No gainful occupation, profession, trade or other nonresidential use; Unit Owner may maintain personal professional library, keep personal business accounts, handle personal business calls or correspondence (Section 4.0)

Signs & flags

No signs on exterior of any Unit or Building or visible from neighboring property except: after all Units sold by Declarant, Board may place one or more signs on Common Area directing inquiries to Board's agent; Association may remove/paint (Section 4.14)

Maintenance

Association maintains, repairs, improves all Common Elements (inside or outside Units) except Limited Common Elements for which Unit Owner is responsible; Unit Owner maintains, repairs, replaces, restores all portions of Unit and Limited Co (Sections 5.0, 5.1)

Insurance

Property insurance on Common Elements and Units (exclusive of owner improvements) under 'All Risk of Direct Physical Loss Form' at 100% replacement cost; Broad Form Comprehensive General Liability insurance with minimum $1,000,000 per occur (Section 8.0)

Use restrictions

All Units and Limited Common Elements shall be used exclusively for residential use by a Single Family (Section 4.0)

Voting & meetings

each Unit has one vote (Section 2.3)

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