Opus Pima Center

What Opus Pima Center's governing documents say

Opus Pima Center Phase II is a commercial business park in Phoenix, AZ (on the Salt River Pima-Maricopa Indian Community) — not a residential community. This declaration governs four commercial parcels held under ground subleases, setting rules for shared parking, common area maintenance, and assessment liens. It binds the commercial landowners (sublessees) and their tenants, not homeowners.

• Common area maintenance & cost allocation: Each parcel owner pays a share of Common Area Maintenance Expenses (CAM) based on the gross square footage of their building relative to all buildings in the park. CAM includes maintenance of landscaping, parking, utilities, signage, insurance, and a 15% management fee. Payments are made monthly in advance, with annual true-up. Declarant (PC 101, Inc.) performs most maintenance initially but can elect to delegate.
• Parking easements & fees: Specific parking easements are granted between parcels: Parcel 1 gets an exclusive easement on Parcel 2's common area (quarterly fee $100), Parcel 2 on Parcel 3 (quarterly $200), Parcel 4 on Parcel 3 (quarterly $250). These fees are subject to adjustment per underlying ground leases. The holder of the easement must maintain insurance on that parking area.
• Assessment liens & default: If an owner fails to pay assessments or other charges, Declarant can record a Notice of Assessment Lien. The unpaid amount plus interest (the greater of 18% or prime+10%) becomes a lien on the owner's leasehold interest. Declarant may foreclose or sue personally. The lien is subordinate only to prior mortgages/deeds of trust and tax liens.
• Use restrictions (commercial only): The common area may only be used for parking, vehicular/pedestrian access, utility easements, and delivery/service truck access. No public dedication is intended. Owners must maintain their buildings in safe, attractive condition. Declarant may impose reasonable traffic rules. No residential use or pets are discussed because this is a commercial park.
• Declarant's role & reserved rights: Declarant (PC 101, Inc.) retains broad rights to subdivide parcels, alter buildings, reconfigure parking, and change the park's name. It can assign its declarant rights to another owner. Declarant must maintain landscaping, signage, parking surfaces, and trash removal initially, but may later delegate.
• Term & amendment: The declaration runs for 75 years from 2005, automatically renewing for successive 10-year periods unless terminated. Amendment requires written consent of owners of at least two-thirds of land area plus Declarant. Termination requires the same threshold.
• What this document doesn't cover: This is a commercial declaration — there are no rules about residential leasing, pet limits, age restrictions, or homeowner obligations. It also does not cover the specific leases or subleases for each parcel, which are governed separately. The full text is subject to a 'Master Declaration' recorded in 2003.

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.