Polynesian Paradise

Key facts from Polynesian Paradise's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (Condominium) pursuant to A.R.S. 33-551 to 33-561 (WHEREAS, Article I, Section 1)

Units / lots

155 (Maricopa assessor parcel census: 155 res)

Developer / declarant

MCDOWELL PROPERTIES, INC. (an Arizona Corporation) (Signature block at end of Rules and Regu)

Governing law

A.R.S. 33-551 to 33-561 (Article I, Section 2; Article XIV)

Assessments & dues

Schedule: $75/mo in 2000, $76/mo in 2001, increasing $1 per year in perpetuity. However, monthly assessment per apartment shall not exceed $100 except by 60% vote of quorum. (Article III, Section 1(a); Rules and Reg)

Special assessments

Not explicitly provided; the $100 cap override by 60% vote may allow higher assessments. (Rules I.a)

Collections & liens

Unpaid assessments become a lien on the owner's parcel and may be foreclosed in the same manner as a mortgage. (Rules I.a; Due Process Procedures (page )

Reserves & fees

A portion of assessments allocated to reserves for replacement of common/limited common elements and for delinquencies; deposited in a federally insured interest-bearing account in Arizona (Rules and Regulations, item 1 (page 482-)

Pets

Yes, with restrictions: one pet per unit, except additional pets registered before March 1, 1988. All pets must be registered. No pet larger than 30 lbs. No pets in rental units as of March 1, 1990. (Article VI, Section 4(a))

Leasing & rentals

Yes, but requires prior approval of Council. Owner must provide proposed lessee's names in writing; if no response within 10 days, authorization deemed granted. Limitation does not apply to mortgagees in possession after foreclosure etc. (Article VI, Section 6(d))

Parking & vehicles

Assigned parking spaces per document. Rules: vehicles must be in good running condition, no backing into spaces, no illegal use of private spaces, guest parking for guests only, no boats/travel trailers/RVs, 5 mph speed limit, no vehicle re (Parking Rules (pages 20-21); Assigned Pa)

Fences

Each owner responsible for maintenance and replacement of patio fence. If existing wooden fence is deteriorating, it must be replaced with block wall conforming to present element. Permits from City required. (Article VI, Section 3(a) (page 10))

Architectural approval

Structural modifications or alterations to unit, patio, or installations require written approval from Board of Directors and a building permit from City of Scottsdale. (Article VI, Section 4(b))

Signs & flags

No owner, occupant, or lessee shall post any advertisements or posters in or on the Regime except as authorized by the Board of Directors. (Rules II.a)

Maintenance

Each owner is responsible for maintenance and replacement of roof over his unit(s) in accordance with specifications and standards established by the Board of Directors; roof over condominiums excluded from common element care (Article VI, Section 3(a); Article IV, Se)

Use restrictions

All apartments shall be utilized for residential purposes only (Article VI, Section 4(a))

Voting & meetings

Each owner present in person or by proxy has one vote per apartment owned; owners of multiple apartments get one vote per apartment (Article II, Section 1)

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