Farnsworth Executive Offices Condominium Association

Key facts from Farnsworth Executive Offices Condominium Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Introduction)

Legal name

Farnsworth Executive Offices A Condominium

Units / lots

5 (Units 1 through 5 identified in Limited Common Element allocations and Parking Space allocations) (Sections 2.8.1(c) through (h), Pages 15-)

Developer / declarant

Farnsworth Office Limited Partnership, LLP, an Arizona limited liability limited partnership (Introduction, Page 5)

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Article 1 Definitions, Page 6)

Assessments & dues

Board of Directors prepares annual budget; Regular Assessments are based on Common Expense Liability percentage allocated to each Unit. (Sections 7.1, 7.2, Pages 3, 28)

Special assessments

Permitted per Section 7.3 (Section 7.3, Page 30)

Collections & liens

Association has Assessment Lien to secure payment of assessments, monetary penalties, etc.; may foreclose. (Section 7.7; Definition of 'Assessment L)

Reserves & fees

Reasonable reserves deemed appropriate by Board or required by Condominium Documents are included in Common Expenses. (Definition of 'Common Expenses' (e), Pag)

Pets

Only fish in aquariums, service animals, and animals kept in connection with a retail business (e.g., pet store) are allowed. (Section 4.6, Page 21)

Leasing & rentals

Yes, leasing and subleasing permitted; leases must be in writing and subject to Declaration and Rules; Owner must provide copies and is liable for violations by lessee. (Section 4.13, Pages 23-24)

Parking & vehicles

Parking only in designated Parking Spaces; no motor vehicles on Common Elements except in spaces; time restrictions 8:00 p.m. to 6:00 a.m. with exceptions; no mobile homes, trailers, boats, etc. (Section 4.8, Pages 21-22)

Architectural approval

Board of Directors approval required for: (a) any improvements on Common Elements; (b) structural additions/alterations within a Unit; (c) any addition/alteration visible from exterior; Declarant approval also required during Declarant Cont (Sections 4.3.1, 4.3.2, 4.3.3, 4.16, Page)

Signs & flags

No signs visible from exterior without Board approval; Board may allow identification signs; Declarant and Association may grant licenses for monument sign panels. (Section 4.9, Pages 22-23)

Maintenance

Not explicitly stated; roof is part of Common Elements, so Association maintains. (Section 5.1 (Association maintains all C)

Insurance

Association shall maintain insurance as provided in Article 8; scope includes fire, casualty, liability, worker's compensation, etc. (Section 8.1, Page 33)

Use restrictions

No nuisance shall be permitted; no activity offensive or detrimental; no criminal or illegal activity. (Section 4.11, Page 22)

Voting & meetings

Each Unit allocated votes equal to its percentage of undivided interests in the Common Elements, rounded to nearest whole number; multiple owners cast votes per majority. (Section 2.7, Page 14)

Amendments

Not detailed in provided excerpt; specific procedures for boundary relocations (Section 2.9) and subdivision of Units (Section 2.10) require Board approval and recording. (Sections 2.9, 2.10; Section 12.5 (genera)

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