Downtown Phoenix Lofts Condominium

Key facts from Downtown Phoenix Lofts Condominium's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2.0)

Units / lots

31 (Units 101-105, 201-211, 301-311, 401-404) (Article 2.0 (identifying numbers) and Ar)

Governing law

Arizona Condominium Act, A.R.S. §§33-1201 et seq. (Article 1.0)

Assessments & dues

Not fixed; adopted annually by Board in budget (Article 7.0)

Special assessments

Permitted; procedures and quorum requirements in Article 7.2 and 7.3 (notice and quorum for any action under 7.1 or 7.2) (Article 7.2, 7.3)

Collections & liens

Association has an Assessment Lien per A.R.S. §33-1256; lien secures Assessments, monetary penalties and other charges; collection remedies as provided in Declaration (same manner as Assessments) (Article 1.1(D) and Article 7.4)

Reserves & fees

Budget must include adequate allocation to reserves as part of Common Expense Assessment (Article 7.0(A)(iv))

Pets

Yes, reasonable number of generally recognized house pets allowed; no livestock, poultry, etc. (Article 4.6)

Leasing & rentals

Yes, subject to restrictions (Article 4.18)

Parking & vehicles

Not explicitly addressed; likely no on-street parking within Condominium private property; public streets not under declaration

Fences

Not specifically addressed; would need Board approval if structural or visible from exterior

Architectural approval

Yes, for structural additions, alterations or improvements (Modifications) visible from exterior, or any structural Modifications; nonstructural interior not visible from exterior do not require prior approval but owner liable for damage. A (Article 4.3(A)-(C))

Solar & roof

No painting or change of exterior color scheme without Board approval (Article 5.1(C)) (Article 5.1(C))

Home business

Permitted in Residential Units subject to conditions (no outside visibility, no increased traffic, no hazardous materials, etc.) (Article 4.0(A))

Signs & flags

No signs on exterior except small name/address sign (6x12 inches) on door, Declarant signs, Board-approved signs, and required by law (Article 4.14)

Maintenance

Association maintains roofs (Article 5.0(A)(i)) (Article 5.0(A)(i))

Insurance

Not detailed in excerpt; Article 8 outlines insurance scope (Article 8.0), payment, and owner's insurance (Article 8.2) (Article 8.0, 8.2)

Use restrictions

Residential Units used exclusively for Single Family residential; business allowed if not detectable from outside and other conditions. Ground-floor Units (101-105) may be commercial/retail. (Article 4.0(A)-(D))

Voting & meetings

One vote per Unit; equal allocation among Units (1/31 each) (Article 2.4)

Amendments

Amendments to Declaration as per Article 10.4 and Condominium Act; Declarant may amend during Period of Declarant Control (Art. 1.1(Q)(iii)); amendments require approval as per A.R.S. §33-1222 (referenced in Article 2.1(G) for boundary relo (Articles 10.4, 1.1(Q)(iii), 2.1(G))

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