Gallery Horas Condominium

Key facts from Gallery Horas Condominium's documents

Reflects the 1998 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 1.1(L) "Condominium" definition;)

Developer / declarant

GALLERY HOMES, INC., an Arizona corporation (Preamble; Article 1.1(O))

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, General Definitions; Article )

Assessments & dues

Not fixed; Common Expenses set by Board budget each fiscal year (Article 7.A)

Special assessments

Not explicitly addressed; only annual Common Expense assessment mentioned

Collections & liens

Assessment Lien subordinate to First Mortgage lien; foreclosure extinguishes assessments pre-dating sale; delinquent assessments may be reallocated as Common Expense (Article 7.B)

Reserves & fees

Not explicitly required; Common Expenses include "allocations to reserves" per definition (Article 1.1(J) "Common Expenses" include)

Parking & vehicles

Declarant may restrict use of parking spaces not allocated as Limited Common Elements; no further rules stated (Article 3.3(C))

Architectural approval

Yes, for external design, appearance, use and maintenance; also subject to Fountain Hills Committee of Architecture (Article 6.3; Article 4.12)

Solar & roof

No solar collection device may be placed on Unit or roof or Limited Common Elements if visible from Neighboring Property, without advance written consent of owner of Adjacent Unit (Article 4.1)

Home business

No gainful occupation, profession, trade or other nonresidential use; but Unit Owner may maintain personal professional library, keep personal business records, handle personal business calls or correspondence (Article 4)

Signs & flags

Declarant may maintain advertising signs during marketing; otherwise not addressed (but subject to Architectural Committee and Fountain Hills Committee of Architecture rules) (Article 3.3(A); Article 4.12)

Maintenance

Not explicitly stated (roof is boundary – top surface of roof is unit boundary; maintenance likely shared? Not specified) (Article 2.1(A))

Insurance

Each Purchaser shall maintain fire, casualty and liability insurance on his Unit at full replacement value, with carrier rated B+ or better; minimum liability $500,000 jointly with Adjoining Unit Owner; provide evidence to Adjoining Unit Ow (Article 8)

Use restrictions

Yes (Article 4: "Each Unit and Limited Common)

Voting & meetings

Each Unit has one vote; votes allocated equally among Units (Article 2.3)

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