Princess Gardens Condominium

Key facts from Princess Gardens Condominium's documents

Community type

Condominium (Title and Section 3)

Governing law

Arizona Revised Statutes (A.R.S.) §33-1227, §33-1253, §33-1260, §33-442 (Recitals, Section 19(f), Section 22(a), )

Assessments & dues

Set annually by Board; pro rata share based on number of permanent residents per Unit (numerator = residents in Unit, denominator = total residents in all Units) (Section 19(b): "Such pro rate share shal)

Special assessments

Allowed for capital improvements or replacement of damaged common elements; requires approval of two-thirds (2/3) of votes of Members voting in person or by absentee ballot at a meeting. (Section 19(c))

Collections & liens

All sums assessed and enforcement costs become a continuing lien on the Unit; lien is prior except for taxes and first mortgages/deeds of trust. Association may foreclose the lien or bring action for money judgment. (Section 20)

Reserves & fees

Required; Board shall determine sum for establishment and maintenance of a reserve for repair, maintenance, taxes, insurance, management, etc. (Section 19(b)(2))

Pets

Yes, limited to commonly accepted domestic animals: dogs, cats, birds. (Section 15(a)(2))

Leasing & rentals

Yes, Owners permitted to lease their Unit. (Section 18(a))

Parking & vehicles

Covered parking space assigned to each Unit by Board. Cars, trucks under 1 ton, passenger vans may park in designated spaces anytime. Other vehicles (commercial, RV, boat, trailer, etc.) not to be parked on common area for more than 72 hour (Section 10(c), Section 13)

Architectural approval

All proposed structures must be submitted to Board of Directors for approval prior to erection. Also alterations to Common Area over $5,000 require majority Owner approval. (Section 9(e), Section 26)

Home business

Allowed only if: not detectable by sight/sound/smell, conforms to laws, no solicitation of owners, does not involve employees outside family, and is consistent with residential character. Sale or lease of Unit not considered business. (Section 14(b))

Signs & flags

Permitted: one 'for sale' sign (max 18x24 inches) with rider (max 6x24), one 'for rent' sign (max 18x24), one 'open house' sign (max 18x24); political signs only from 71 days before election to 3 days after. All must be professionally manuf (Section 10(a)(4) and (5))

Maintenance

Association responsible for Common Elements; Owner responsible for Unit maintenance (good condition and repair). Boundary lines defined by interior finished surfaces, exterior perimeter walls, interior roof surface, and adjacent patio. (Section 4 (boundaries), Section 9(c), Se)

Insurance

Deductible is common expense unless loss caused by Owner's negligence/intentional acts, then deductible assessed to Owner. (Section 22(a)(5))

Use restrictions

Each Unit shall be used only for single family residential purposes. (Section 9(a))

Voting & meetings

One vote per Unit; Owners may vote in person, by absentee ballot, mail, e-mail, fax, etc. Multiple Owners must act unanimously. (Section 8)

Amendments

Except as otherwise provided, Declaration may be amended by instrument signed by record Owners holding 67% of total votes. Amendment effective upon recordation in Maricopa County. Section 24 (Damage and Destruction) requires unanimous conse (Section 30, Section 24(e))

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