Maryland Lakes Condominiums

Key facts from Maryland Lakes Condominiums's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Document title)

Legal name

Maryland Lakes Condominium Association, Inc., an Arizona nonprofit corporation (Section 1.4, p. 9)

Developer / declarant

J.R. Ventures, Inc., an Arizona corporation (Section 1.12, p. 10)

Governing law

Arizona Horizontal Property Regime Act, Arizona Revised Statutes §§33-551 through 33-561, as amended (p. 7-8)

Special assessments

Requires approval of 2/3 of votes of each class at a meeting (Section 8.3, p. 24)

Reserves & fees

Association shall establish and maintain an adequate reserve fund (Section 8.14, p. 28)

Pets

Yes, a reasonable number of house pets, not for commercial purposes (Section 4.6, p. 15)

Leasing & rentals

Yes, lease to a single family subject to all provisions of Declaration (Section 4.0, p. 13)

Home business

No gainful occupation, trade, or non-residential use; personal professional library, records, calls allowed (Section 4.0, p. 19)

Signs & flags

Signs allowed only with Architectural Committee approval; name/address sign not exceeding 3 x 30 inches permitted (Section 4.13, p. 16)

Use restrictions

All units and restricted common elements shall be used exclusively for single-family residential use (Section 4.0, p. 13)

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