Bridgewood North Ho

What Bridgewood North Ho's governing documents say

Bridgewood North is a condominium community (Horizontal Property Regime) in Phoenix, AZ. You own your individual unit plus a 1/32 undivided interest in the common elements. The Association maintains the building exteriors, common areas, and master insurance, while unit owners are responsible for interior surfaces, fixtures, and mechanicals.

• What you own & maintain: You own the interior space, including interior walls, floor coverings, and appliances. The Association maintains the outside walls, roof, structural components, and all common elements (land, parking, patios). You are responsible for air conditioning, heating, water heater, and interior decorating.
• Assessments & fees: Each unit pays 1/32 of the total common expenses, determined annually by the Board. Payments are due monthly in advance. Special assessments may be levied for unanticipated costs. Unpaid assessments bear interest at the highest legal rate and create a lien on the unit.
• Use & occupancy restrictions: Units may only be used as a single-family residence. No business activities, advertising signs (except one small 'For Rent' sign), or nuisances are allowed. No structural alterations without Board approval.
• Leasing & rentals: Only entire units may be rented. Leases must be for residential purposes only (no short-term or vacation rentals specified). The document does not set a minimum lease term.
• Alterations & decorating: Non-structural alterations inside your unit do not require Board approval, but you are responsible for any damage to other units. Structural changes to common elements require majority owner and mortgagee approval. No exterior painting or decoration without written Board permission.
• Insurance: The Association carries casualty insurance on buildings and common elements, and liability insurance. Unit owners must insure their own personal property and interior improvements. Insurance proceeds for damage are held in trust for rebuilding.

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.