Marconi Research Park

Key facts from Marconi Research Park's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and Section 2.1)

Legal name

Marconi Research Park Owners Association (Section 2.3: 'Association means Marconi )

Units / lots

4 (identified as A, B, C, D) (Section 2.4)

Developer / declarant

Legacy Property Management, LLC, a California limited liability company (Preamble)

Governing law

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

Assessments & dues

Board adopts annual budget including estimated Common Expenses; Common Expense Assessments are levied against each Unit in proportion to its Common Expense Liability (based on gross square footage); Board may increase assessment during fisc (Sections 7.1, 7.2.1)

Special assessments

May be levied for capital improvements or other lawful purpose; requires approval of Unit Owners representing two-thirds of votes (except assessments levied due to damage or destruction under Section 9.1) (Section 7.3)

Collections & liens

Assessment Lien granted to Association by Condominium Act to secure payment of Assessments, monetary penalties, and other charges (Section 1.2.3)

Reserves & fees

Reasonable reserves deemed appropriate by Board are included in Common Expenses and budget (Sections 1.2.10(e), 7.1.1(e))

Pets

No animals, birds, reptiles, fowl, poultry or livestock may be kept in any Unit or on any portion of the Condominium (Section 4.5)

Leasing & rentals

Yes, with conditions: lease must be in writing, subject to Declaration and Rules; Unit Owner must provide Association with lease details and emergency contact at least 10 days before lease term; Unit Owner liable for Lessee violations (Section 4.15)

Parking & vehicles

Covered parking spaces allocated to Units as Limited Common Elements as shown on Parking Allocation Map (Exhibit C); Unit Owners may reallocate parking among themselves with Board approval; no parking except in designated spaces or within U (Sections 2.8.1(c), 2.8.3, 4.7)

Architectural approval

Board approval required for additions, alterations, or improvements outside a Unit; also for those inside a Unit that are visible from exterior; also for any improvements on Common Elements; also for signs, antennas, subsurface construction (Sections 4.4, 4.2, 4.9, 4.12, 4.16)

Signs & flags

No signs on exterior of any Building or visible from exterior without prior written approval of Board; except Declarant's sales/lease signs (Section 4.12)

Use restrictions

No; Units restricted exclusively to nonresidential uses (normal and customary industrial, commercial, and office purposes) (Section 4.1)

Voting & meetings

100 total votes allocated according to each Unit's percentage of undivided interests in Common Elements; special assessments require approval of Unit Owners representing two-thirds of votes; capital improvement financing requires affirmativ (Sections 2.7, 7.3, 6.1)

Amendments

Certain amendments allowed during Declarant Control by Declarant; after control, allocation of Limited Common Elements requires 67% vote; parking reallocation requires Board approval; general amendment procedure in Section 12.5 (not fully s (Sections 1.2.18(f)(g), 2.8.3, 2.8.4)

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