Deer Valley Aero Center

Key facts from Deer Valley Aero Center's documents

Community type

Condominium (Title page: "CONDOMINIUM DECLARATION FOR)

Legal name

Deer Valley Aero Center, A Condominium

Developer / declarant

Westar Aviation LLC, an Arizona limited liability company (Opening paragraph)

Governing law

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

Assessments & dues

Common Expense Assessment levied by Association based on budget. Amount allocated per Unit according to square footage. (Sections 7.1, 7.2, and 2.7)

Special assessments

Allowed. (Section 7.3 listed in Table of Contents) (Article 7, Section 7.3 in TOC, but text )

Collections & liens

Assessment Lien defined in Section 1.2.5. Section 7.5 deals with effect of nonpayment and remedies (TOC). (Section 1.2.5 and TOC Section 7.5)

Reserves & fees

Reserve Account required per Section 7.12. Reasonable reserves as deemed appropriate by Board or otherwise required (Section 1.2.12(e)). (Section 7.12 in TOC; Section 1.2.12(e) i)

Pets

No animals except fish in aquariums and service animals for handicapped or disabled persons. (Section 4.4)

Leasing & rentals

Yes, but lease must be in writing, subject to Declaration and Rules; Owner must provide information to Association at least 10 days before lease term; Owner liable for violations by lessee. (Section 4.15)

Parking & vehicles

Motor vehicles may only be parked in Parking Spaces. No inoperable vehicles. No vehicle repair except emergency. No bicycles kept except in Unit. (Section 4.6)

Architectural approval

Board approval required for structural additions/alterations, changes visible from exterior, changes to perimeter building walls or demising walls. Nonstructural interior changes do not require approval. (Section 4.3.1, 4.3.2)

Home business

Allowed only as incidental office use related to aircraft use. Other uses require approval (75% vote after control period or Board during control). (Section 4.1)

Signs & flags

No signs visible from exterior without Board approval. Board may permit identification signs on building exterior. Must comply with Master Declaration and City of Phoenix ordinances. Declarant may grant licenses/easements for signs on Commo (Section 4.11)

Maintenance

Association maintains Common Elements (Section 5.1). Unit Owner maintains Unit interior and Limited Common Elements allocated to Unit (Section 5.2). (Sections 5.1, 5.2 (TOC listings, text no)

Insurance

Article 8 covers insurance; specific coverage not provided in extracted text. (Table of Contents Article 8 (text not ex)

Use restrictions

false. Units shall be used for aircraft storage and maintenance, and general office use incidental. No housing or living purposes. (Section 4.1)

Voting & meetings

One vote per Unit. If a Unit is subdivided, the new units share the one vote. If combined, each original Unit retains its one vote. (Section 2.8)

Amendments

Section 13.5 (TOC). Specifics not extracted. (Table of Contents page 5: "13.5 Amendmen)

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