Landmark Towers Condominium

What Landmark Towers Condominium's governing documents say

Landmark Towers Condominium is a condominium community in Phoenix, AZ — you own your individual unit and share ownership of the building's common elements. The association maintains common areas, carries master insurance, and levies assessments based on your unit's square footage. This is a converted building originally built in 1964.

• What you own & maintain: You own the interior surfaces of your unit (walls, floor, ceiling finishes) and fixtures that serve only your unit. The association maintains the common elements, including structure, roof, elevators, garage, balconies, patios, and limited common elements like windows and doors. You are responsible for interior repairs and must not penetrate perimeter walls (soundproofing/water intrusion).
• Use restrictions: Residential units are for residential use only; home businesses are allowed if not detectable from outside, no customers come to the unit, and the association board approves. Live/Work units (Units B-1 through C-3) may also be used for professional offices (medical, clerical, banks, etc.) with board approval. No illegal or offensive activities; no increase in parking or insurance rates.
• Leasing & rentals: The declaration includes a Section 4.16 on leasing restrictions, but the specific lease term minimum is not clearly readable in this excerpt. Owners may lease units, subject to association rules. Leasing does not count as a business.
• Pets: Article 4.6 covers animals. The specific number or type of pets allowed is not fully readable in this excerpt; expect association rules to apply.
• Parking & vehicles: Parking is in a below-grade garage (common element). Parking spaces may be allocated as limited common elements. Restrictions on trucks, trailers, campers, and boats (Section 4.9); towing of unauthorized vehicles (4.10). Declarant initially controls unallocated spaces.
• Antennas & signs: Antennas (except those covered by FCC rules) and signs generally require board approval. Section 4.11 addresses signs; Section 4.2 covers antennas.
• Assessments & fees: All unit owners pay regular assessments based on their unit's square footage (common expense liability). Special assessments, individual expense assessments, enforcement assessments, and user fees are also possible. A transfer fee is mentioned (Section 7.13). Initial working capital fund and reserve contributions are required.
• Dispute resolution: Disputes between owners, the association, and others must go through a multi-step process: notice, mediation, then binding arbitration, governed by the Federal Arbitration Act.

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.