Bella Lago Condominiums Block II

Key facts from Bella Lago Condominiums Block II's documents

Community type

Condominium as of 2003 (Title: "BELLA LAGO CONDOMINIUMS")

Legal name

Bella Lago Condominiums Block II

Units / lots

29 (Units 201-229 inclusive) as of 1999 (Section 2.4)

Developer / declarant

Bella Lago L.L.C., an Arizona limited liability company as of 2003 (first paragraph)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. as of 1999 (Section 1.1)

Assessments & dues

Determined annually by Board budget; no fixed amount stated as of 1999 (Section 7.1, 7.2)

Special assessments

Requires approval by Unit Owners representing 2/3 of votes, except for assessments due to destruction of Common Elements as of 1999 (Section 7.3)

Collections & liens

All assessments and charges secured by Assessment Lien under Condominium Act; Association may foreclose as of 1999 (Sections 7.4.2, 7.4.3)

Reserves & fees

Required after termination of Period of Declarant Control; reserve study every 3 years; funds held in separate account as of 1999 (Section 7.12)

Pets

No animals, birds, reptiles, fowl, poultry or livestock may be kept in any Unit or on any portion of the Condominium as of 1999 (Section 4.7)

Leasing & rentals

Yes, but entire Unit must be leased (no partial leasing); all leases must be in writing and subject to Declaration as of 1999 (Section 4.15)

Parking & vehicles

Three uncovered parking spaces per Unit designated with 'P' and unit number as Limited Common Elements as of 1999 (Section 2.8.1(iii))

Architectural approval

Structural improvements require prior written Board approval and engineer certification; any exterior-visible alteration requires Board approval as of 1999 (Section 4.4)

Home business

No gainful occupation or nonresidential use; personal professional library, business records, calls permitted as of 1999 (Section 4.1)

Signs & flags

No signs visible from exterior of Building or on Common Elements without Board approval (including For Sale/For Rent) as of 1999 (Section 4.12)

Maintenance

Unit Owner maintains the portion of the roof of the Building located above his Unit as of 1999 (Section 5.2(c))

Insurance

Deductible is a Common Expense; may be assessed to a Unit Owner if caused by that Owner's negligence as of 1999 (Section 8.1.3)

Use restrictions

Units and Limited Common Elements shall be used, improved and devoted exclusively to residential use by a single family as of 1999 (Section 4.1)

Voting & meetings

Each Unit has one vote as of 1999 (Section 2.7)

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