Paradise Valley Plaza Owners Association

What Paradise Valley Plaza Owners Association's governing documents say

This is the By-Laws of the Paradise Valley Plaza Owners Association, Inc., which governs a condominium community in Phoenix, AZ. The document outlines the internal governance structure, meeting procedures, board powers, and enforcement mechanisms for the association. It applies to owners (members) of lots 1–27, 29–99, and Tracts A, B, C.

• Board of Directors: The Board consists of 9 directors, all of whom must be members. Directors serve terms as specified in the Articles, may be removed with or without cause by a vote of more than 50% of all votes entitled to be cast. Board meetings require a majority quorum. The Board has broad powers including adopting rules, imposing penalties ($10–$200 per violation), suspending voting rights after 15 days of assessment delinquency, and suspending common element use for up to 60 days for infractions.
• Member Meetings & Voting: Annual meetings are held the third Wednesday of September. Special meetings may be called by the President, Board, or by members holding at least 1/4 of total votes. Quorum is 1/4 of total authorized votes. Proxies are allowed but only to another member, secretary, mortgagee, lessee, attorney, or managing agent. Cumulative voting is not permitted.
• Architectural Review: An Architectural Committee of 3 members (appointed by the Board) reviews plans for buildings or alterations. Approval is deemed granted if the committee fails to act within 30 days of a complete submission. Committee members serve 1-year terms and are not compensated.
• Assessments & Late Fees: Periodic assessments are due on the 1st of the month and become delinquent on the 1st of the following month. A late penalty of 5% of the delinquent balance (including unpaid penalties and enforcement costs) is charged. After a judgment, interest accrues at 15% per year.
• Contract Limits: The Association cannot enter into a contract exceeding $30,000 unless approved by the membership at an annual or special meeting.
• What this document doesn't cover: These By-Laws do not include specific rules about pets, leasing restrictions, age restrictions, parking, or use of units. Those may be found in the Declaration of Restrictions, Articles of Incorporation, or separate Rules and Regulations.

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.