Plaza West Broadway Condominiums

Key facts from Plaza West Broadway Condominiums's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article II: 'Declarant hereby creates an)

Legal name

Plaza West Broadway Condominiums

Developer / declarant

PLAZA WEST BROADWAY, L.L.C., an Arizona Limited Liability Company (First paragraph of Declaration; Article )

Governing law

Title 33, Chapter 9, Arizona Revised Statutes (the 'Act') (Recital B; Article I Section 1.1)

Assessments & dues

Not fixed in declaration; to be set by Board based on budget (Section 8.3, 8.8). First assessment commences first day of month following conveyance of first Unit (Section 8.8) (Section 8.8)

Special assessments

Allowed for capital improvements; after Declarant control requires approval of 2/3rds of votes of each class present in person or proxy at a meeting (Section 8.4). Notice 30-50 days; quorum 60% first meeting, half at subsequent (Section 8.6 (Section 8.4, 8.6)

Collections & liens

Assessments, together with interest, costs, reasonable attorneys' fees, are a lien on the Unit (Section 8.2). Also each Owner accepts personal obligation (Section 8.2). Lien may be subordinated to first mortgages (Section 8.10). Further rem (Section 8.2, 8.10)

Reserves & fees

Maintenance of Reserve Fund required (Section 8.14). Association may include reserve for Common Element or Limited Common Element expenses in annual budget (Section 8.3(d)). Reserves for depreciation and contingencies are permitted (Section (Section 8.1, 8.3(d), 8.14)

Pets

No animals, reptiles, fish (except aquarium inside a Unit), or birds allowed unless approved in writing by Board, except service animals for the handicapped (Section 6.4) (Section 6.4)

Leasing & rentals

Yes, with conditions: lease must be in writing, subject to Declaration, Bylaws, Rules; Lessee must comply with all documents; copy of lease and disclosure form must be delivered to Board prior to commencement (Section 6.17). Association may (Section 6.17)

Parking & vehicles

Vehicles must park only in designated Parking Spaces (Section 6.9). No parking in driveway or parking areas except in Parking Spaces (Section 4.1). Parking Spaces are part of Common Elements (Section 4.1). Board may re-stripe parking areas (Section 4.1, 4.2, 6.9)

Fences

No fences, hedges, walls, trees, landscaping placed or maintained by Owner except as initially installed by Declarant or approved by Board (Section 6.13) (Section 6.13)

Architectural approval

Yes: no construction, exterior change, addition, or alteration without prior written approval of Board, which acts as Architectural Committee (Section 6.23). Board approval required for fences, walls, antennas, awnings, signs, landscaping c (Section 6.23; Section 7.1(d))

Solar & roof

Exterior changes, including painting, require Board approval (Section 6.16). No specific color restrictions stated. (Section 6.16)

Home business

Not specifically restricted; however, uses are limited to permitted retail uses (Section 6.1). Any business must comply with all restrictions (Section 6.1)

Signs & flags

No exterior signs or interior signs visible from outside except signage meeting Condominium's signage guidelines on windows and doors; all signs must be approved by Association for style and color (Section 6.8). Declarant exempt from sign r (Section 6.8; Section 6.18)

Maintenance

Roof maintenance and repair is a Common Element expense (Section 3.5(c)). However, Owners may be required to use Association's roofing contractor for puncturing roof (Section 6.2(f)). Roof of Building A is Limited Common Element of Units 10 (Section 3.4(c), 3.5(c), 6.2(f))

Use restrictions

No. Units shall be used only for retail uses permitted by zoning, except massage parlor or adult oriented uses not allowed. No housing or living purposes allowed (Section 6.1) (Section 6.1: 'no Unit or any portion the)

Voting & meetings

Class A Members (all Owners except Declarant): one vote per Unit owned. Class B Member (Declarant): three votes per Unit owned until conversion events (Section 7.3). Corporate/partnership Owners must designate one person to vote (Section 7. (Section 7.3; Section 7.4; Section 7.5)

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