6040 N. 7th Street, a Condominium

Key facts from 6040 N. 7th Street, a Condominium's documents

Reflects the 2020 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title)

Legal name

6040 N. 7TH STREET Condominium Association (Section 2.3)

Units / lots

5 (inferred from total votes of 5) (Section 2.7)

Developer / declarant

Medical Office Investment, LLC, an Arizona limited liability company (Introductory paragraph)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, Section 1.1)

Assessments & dues

Set by Board in budget; no fixed amount mentioned. (Section 7.1, 7.2)

Special assessments

Permitted (Special Assessments and Enforcement Assessments); Board may increase Common Expense Assessment during fiscal year if funds inadequate (Sections 1.2(c), 7.2(a) (last sentence),)

Collections & liens

Assessment Lien granted by Condominium Act to secure Assessments, monetary penalties and other charges. (Section 1.2(d))

Reserves & fees

Reasonable reserves may be set by Board of Directors; included in budget (Sections 1.2(k)(v) and 7.1(a)(iv))

Pets

Only licensed service dogs and tropical fish; no other animals, birds, reptiles, fowl, poultry, or livestock. (Section 4.7)

Leasing & rentals

Yes; lease must be in writing, subject to Declaration and Rules; Unit Owner must provide Association with lease info at least 10 days before commencement (Section 4.18)

Parking & vehicles

No business shall require more than 1 parking space per 1000 sq ft of floor area unless approved. No parking or storage of automobiles except operational automobiles in designated spaces during normal business hours and in conformity with R (Sections 4.10, 4.11, 4.12)

Architectural approval

Yes, for structural alterations, additions, or improvements within a Unit; also for any addition/alteration visible from exterior. Non-structural additions are subject to Rules, but no prior approval mentioned for non-structural unless visi (Section 4.4(a), 4.4(b))

Signs & flags

Signs on exterior or visible from exterior prohibited without prior written Board approval; except Occupant Identification Sign and limited building/suite entry signs conforming to common design (Section 4.14)

Maintenance

Association maintains roof of Buildings as part of Common Elements. (Section 5.1 (roof of the Buildings liste)

Insurance

Before any addition/alteration, Unit Owner must have liability insurance ($2,000,000 combined single limit) and property insurance (100% replacement cost); must name Declarant, Association, Board as additional insureds (Section 4.4(d))

Use restrictions

False; Units shall be used exclusively for commercial or professional office purposes. (Section 4.1)

Voting & meetings

One (1) vote per Unit owned; total votes in Association are five (5) (Section 2.7)

Amendments

Declaration may be amended; references to amendment by Declarant during Period of Declarant Control to comply with law, correct errors, allocate parking spaces, etc. without adversely affecting Unit Owner rights. Limited Common Elements rea (Sections 1.2(t)(v), 2.8(b)-(e))

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