Belaflora Condominiums

What Belaflora Condominiums's governing documents say

Belaflora Condominiums is a condominium community in Phoenix, AZ—you own your individual unit and share ownership of the building's common elements, which the association maintains and insures. This declaration establishes rules for the entire project, including a conversion from a rental community to ownership condos. It governs what you own, maintain, pay, and how you can use the property.

• What you own & maintain: You own the interior of your unit (finished surfaces, fixtures, and interior walls/floors/ceilings), and you must maintain it, including windows, doors, HVAC, water heater, and interior finishes. The association maintains common elements (structural, exterior, common areas) and limited common elements like parking spaces and certain utilities. You are responsible for limited common elements designated for your unit (e.g., patio, balcony, exterior HVAC).
• Assessments & fees: Annual assessments are levied per unit based on a fractional interest (1/185). The board can increase assessments up to 12% or the CPI increase without member vote; larger increases need 75% member approval. Special assessments require 65% vote. Late fees are 10% of unpaid amount plus 18% annual interest. Initial working capital contribution equals one-sixth of the annual assessment.
• Parking & vehicles: Each unit gets one covered parking space (a limited common element). Additional open parking is first-come, first-served. Parking spaces cannot be used for storage or for vehicles other than permitted vehicles (personal cars, some commercial pickups, etc.). Commercial/recreational vehicles (boats, trailers, etc.) are prohibited unless approved by the architectural committee.
• Architectural review: Any structural or exterior addition, change, or alteration to a unit or limited common elements requires prior written approval from the architectural committee. Plans must include details like size, color, materials. If no decision within 30 days, the application is deemed approved. The committee may impose conditions (e.g., insurance, contractor approval).
• Leasing & rentals: Rental of units is restricted by this declaration, but specific lease terms (minimum length, etc.) are not detailed in this excerpt. The document notes it is a conversion of a rental community, and further restrictions may apply.
• Insurance: The association carries general liability ($1 million minimum) and property hazard insurance on common elements. Owners must carry 'all-risk' casualty insurance on their unit and personal liability insurance. The association's insurance is primary; deductibles are paid by the responsible party.

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.