1031 Riverview Business Center

What 1031 Riverview Business Center's governing documents say

1031 Riverview Business Center is a commercial condominium in Phoenix, AZ, with two units (100 and 150) totaling about 39,773 sq. ft. This declaration governs the property, binding unit owners and the association. The community is designed for retail, commercial, and service establishments, not residential use.

• Use & occupancy restrictions: Units may only be used for retail, commercial, or service establishments. No residential, immoral, or unlawful uses are permitted. The property is not a residential community.
• Leasing & rentals: Leases must be in writing, subject to the condominium documents. The owner must provide the association with lease start/end dates, lessee names, owner contact info, and emergency contact at least 10 days before the lease begins. The owner remains liable for lessee violations.
• Pets & animals: No animals, birds, fowl, or livestock are allowed in units or on the property, except that a lawfully operated and licensed pet store may keep animals typically sold in commercial pet stores.
• Assessments & fees: Common expense assessments are based on each unit's percentage interest in the common elements (Unit 100: 57.8%, Unit 150: 42.2%). The association can also levy special assessments for capital improvements. Delinquent assessments bear interest and are secured by a lien on the unit.
• Maintenance responsibilities: The association maintains all common elements (including structure, common areas). Each unit owner must maintain their own unit and any limited common elements allocated to them (e.g., HVAC, exterior fixtures). Owners are liable for damage they cause to common elements.
• Parking & vehicles: No inoperable vehicles may be stored or parked. Parking is only allowed in designated areas. No vehicle repairs (except emergency) on the property. The association may tow violators at owner's expense.
• Insurance requirements: The association maintains property insurance on common elements (100% replacement cost) and liability insurance (at least $1M per occurrence). Each unit owner must carry separate property insurance for their unit, business interruption coverage, and liability insurance (minimum $1M per occurrence, $2M aggregate), naming the association as additional insured.
• Alterations & signs: Non-structural alterations inside a unit do not require association approval, but structural changes require prior written approval, including an engineer's certification. All exterior signs require association approval, except for certain temporary or required signs.

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.