Mountain Sun Condominiums

What Mountain Sun Condominiums's governing documents say

Mountain Sun Condominiums is a 2-unit condominium community in Fountain Hills, AZ. You own your individual unit and an equal share of the common elements. The association maintains common areas, while you maintain your unit and certain limited common elements. The governing declaration runs with the land for 20 years and renews automatically.

• What you own & maintain: You own the interior of your unit (walls, floors, ceiling) and are responsible for its maintenance. The association maintains common elements like the building exterior, roof, and common areas. Limited common elements (e.g., balconies, patios, exterior doors) are allocated to your unit and you must maintain them.
• Use restrictions: Units are for single-family residential use only. No business, professional office, or gainful occupation is allowed. Nuisances, offensive activities, and exterior sound devices (except security) are prohibited. No clotheslines, solar collectors, satellite dishes, or antennas visible from neighboring property without adjacent owner approval. No vehicle repair or inoperable vehicles visible from neighboring property.
• Architectural review: The association’s Architectural Committee (at least 2 members) regulates external design and appearance. Additionally, the community is subject to the Fountain Hills Committee of Architecture; the more restrictive rules apply. Any structural changes or exterior modifications require prior written approval.
• Assessments & finances: Common expenses are split equally between the two units. The association sets a budget and assesses each unit accordingly. Assessment liens are subordinate to first mortgages. Delinquent assessments may be reallocated as a common expense after foreclosure.
• Dispute resolution: Disputes between unit owners must first be resolved through a 21-day negotiation period. If unresolved, the matter goes to binding arbitration by a mutually agreed arbitrator (or one appointed by the court). The arbitrator’s decision must be complied with within 30 days.
• Insurance: Each unit owner must maintain fire, casualty, and liability insurance on their unit at full replacement value, with a carrier rated B+ or better. Liability coverage must be at least $500,000 jointly with the adjacent unit owner. Proof of insurance must be provided to the adjacent owner.
• Leasing & rentals: The declaration does not impose any minimum lease term, pet limits, or other rental restrictions. However, any future amendment to the declaration that would restrict leasing requires approval from 100% of eligible mortgage holders.

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.