Nielsen-Wolfe Office Condominiums

Key facts from Nielsen-Wolfe Office Condominiums's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title and Article 2)

Legal name

Nielsen-Wolfe Office Condominiums

Developer / declarant

Allen-West, Inc., an Arizona Corporation (Section 1.1(O))

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Section 1.1(M) and Article 1)

Assessments & dues

Board adopts budget estimating Common Expenses; total assessed against Units in proportion to Common Expense Liability (equal shares per Section 2.2). (Sections 7 and 2.2)

Special assessments

Not explicitly addressed; assessments cover Common Expenses defined as expenditures or financial liabilities of Association. (Section 1.1(J) and Section 7)

Collections & liens

Assessment lien subordinate to First Mortgage. Upon foreclosure, title free of unpaid assessments, which may be reallocated as Common Expense. (Section 7.1)

Leasing & rentals

Implicitly allowed; right of first refusal prohibited; amendment provisions reference leasing restrictions. No express prohibition. (Sections 9.2, 9.1(x))

Parking & vehicles

Declarant may restrict parking spaces not allocated as Limited Common Elements during marketing. No vehicle repair visible, no inoperable vehicle visible. (Sections 3.3(C), 4.9)

Architectural approval

Architectural Committee established by Board to regulate external design, appearance, use, and maintenance. Prior written approval of adjacent Unit Owner required for structural alterations and exterior color/texture changes. Solar/antenna (Sections 6.3, 4.3, 4.1)

Solar & roof

No solar collection device or satellite dish or antenna placed on Unit or Limited Common Element if visible from neighboring property without prior written consent of adjacent Unit owner. (Section 4.1)

Home business

No gainful occupation, trade, or nonresidential use. Unit Owner may maintain personal professional library, records, or handle personal calls/correspondence. (Section 4)

Signs & flags

Declarant may maintain sales/leasing signs on Common Elements during marketing. No other signs mentioned. (Section 3.3(A))

Maintenance

Association duties as Unit Owners jointly determine. Unit Owner maintains his Unit and allocated Limited Common Elements. In event of Association failure, each Unit Owner maintains contiguous Common Elements. (Sections 5, 5.1)

Insurance

Each Purchaser shall maintain fire, casualty, and liability insurance on his Unit at full replacement value, with carrier rated B+ or better. Minimum combined liability $500,000. Evidence of insurance provided to adjacent Unit Owner. (Section 8)

Use restrictions

Yes, each Unit and Limited Common Element shall be used exclusively for residential use by a Single Family. (Article 4, Section 4)

Voting & meetings

Each Unit has one vote. (Section 2.3)

Amendments

Except as allowed for Declarant (development rights, corrections, compliance), amendments require vote of Unit Owners with at least 100% of votes (unanimous). Unanimous consent also needed to increase Units, change boundaries, allocated int (Section 10.4)

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