Blue Chip Condominiums 29

What Blue Chip Condominiums 29's governing documents say

Blue Chip Condominiums 30 is a condominium in Phoenix, Arizona where you own your individual unit interior and share ownership of the common buildings and grounds, which the association maintains and insures. The declaration governs use restrictions, maintenance obligations, and common expenses assessed equally per unit. Board governance transitions from the declarant to unit-owner elections once all units are conveyed.

• What you own & maintain: You own the interior finished surfaces of your unit (walls, floors, ceilings); the association maintains the buildings and common elements. If your unit has no private garage, you receive a covered parking space.
• Residential use only: Units must be used exclusively for single-family residential occupancy; no business, trade, or gainful occupation is permitted. You may keep a personal professional library, business records, or handle business calls from your unit.
• Alterations & architectural approval: Non-structural interior changes don't require approval, but structural modifications inside your unit or any external changes require written approval from the adjacent unit owner. Solar devices and satellite dishes visible from neighboring properties require the adjacent owner's consent.
• Exterior restrictions: No clotheslines or outdoor clothes-drying facilities are permitted. Visible vehicle repair, unlicensed machinery, or equipment beyond normal residential use is prohibited. Trash must be kept in covered containers only.
• Parking & vehicles: Units without private garages receive a covered parking space. During the developer's marketing phase, the declarant may reserve common parking for prospective buyers and sales/construction staff.
• Common expenses & assessments: Common expenses are assessed equally per unit based on the association's annual budget. Assessment liens are subordinate to first mortgages and are forgiven if a unit is foreclosed.
• Insurance: The association maintains property insurance at full replacement value, comprehensive liability insurance (minimum $1 million per occurrence), workers' compensation, and directors' and officers' liability insurance.
• Board governance: During the initial declarant control period (90 days after all units are conveyed to non-declarant buyers), the declarant appoints the board. After that, unit owners elect the board (which must consist of unit owners).

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.