Moreland Estates Condominiums

Key facts from Moreland Estates Condominiums's documents

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

Community type

Condominium

Legal name

The Moreland Estate Condominium Owners Association

Developer / declarant

Richard B. Ollinger

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article I, Section 8)

Assessments & dues

Board fixes annual assessment at least 30 days in advance of each annual assessment period. Written notice sent to owners. Uniform rate for all units. May be collected monthly. (Article V, Section 2 and Section 5)

Special assessments

May be levied for capital improvements, emergencies, operating shortfalls, or any proper purpose; requires assent of two-thirds (2/3) of votes of members voting in person or by proxy at a meeting called for that purpose. (Article V, Section 3)

Reserves & fees

Association may carry forward any surplus; not obligated to spend all assessments in a year; may carry surplus from year to year as Board determines desirable. (Article V, Section 9)

Pets

Dogs, cats, or other household pets may be kept subject to Association rules, provided they are not kept for commercial purpose or in unreasonable numbers. (Article XI, Section 3)

Leasing & rentals

Yes, but no unit shall be leased unless the lease or landlord/tenant agrees in writing that the lease is subject to the Declaration, Articles, Bylaws, and all rules and regulations. Failure to comply shall be a default under the lease. (Article XI, Section 12)

Architectural approval

If Board or committee fails to approve or disapprove within 30 days after plans submitted, approval not required and Article deemed fully complied with. (Article VII)

Insurance

Board shall obtain property insurance on common elements for not less than 80% actual cash value after deductibles, and a broad form public liability policy covering all common elements. Premiums are common expenses. (Article X)

Use restrictions

Premises restricted to residential dwellings for residential use, except improvements within the Common Area. (Article XI, Section 1)

Voting & meetings

Each unit entitled to one vote; if multiple owners, they determine how vote is cast but only one vote per unit; fractional votes not allowed; if more than one vote cast for a unit, none counted. (Article VI, Section 2(a))

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