Artisan Lofts

What Artisan Lofts's governing documents say

Artisan Lofts is a 40-unit condominium community in Phoenix, AZ — you own your unit and share ownership of common elements. The association maintains the building's exterior and common areas and carries master insurance. Living here requires following use restrictions, paying assessments, and maintaining your unit's interior.

• Use restrictions (occupancy and business): Units are limited to single-family residential use: occupancy by a group of persons related by blood, marriage, or adoption, or up to four unrelated adults maintaining a common household. No business, commercial, or retail activities are allowed, though home occupations that comply with R-5 zoning and do not involve retail sales, appointments, or day care are permitted. Signs are prohibited except for religious/holiday decorations subject to board regulation.
• Pets: You may keep up to two common household pets (dogs, cats, or a combination) in your unit, provided they are not kept for commercial purposes and do not become a nuisance. Additional pets require board approval. Fish in indoor aquariums are unrestricted. Pets must be restrained and owners must clean up waste.
• Parking: Each unit is assigned a garage parking space as a limited common element for exclusive use. No commercial or recreational vehicles are allowed to be parked in the project, and vehicle repairs are prohibited except on a nonrecurring and temporary basis.
• Assessments and fees: Annual assessments are levied by the association; the initial maximum was $2,280 per unit (2001), with annual increases of 5% (or up to 15% or CPI, with member vote for larger increases). Special assessments may be levied with 2/3 vote. Assessments are a lien on the unit and personal obligation of the owner. A late fee of $25 and 10% interest apply after 15 days. New owners pay a working capital contribution equal to 1/6 of the annual assessment.
• Maintenance responsibilities: The association maintains the common elements (exterior walls, roof, garage structure, landscaping, and shared systems). The owner maintains the unit interior (walls, floors, ceilings, windows, glass doors, HVAC equipment, water heater, and all interior fixtures and surfaces). No exterior alterations are allowed without board approval. Owners must maintain their units to a standard comparable to similar communities.

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.