Quatros II

Key facts from Quatros II's documents

Reflects the 1973 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Horizontal Property Regime (condominium) (Article I, Section 2)

Governing law

Chapter 4.1, Article 1, Sections 33-551 to 33-561 inclusive, Arizona Revised Statutes 1962 (Article I, Section 2)

Special assessments

Special assessments for capital improvements authorized, levied as provided in Articles and Bylaws (Article V, Section 1 and Section 2)

Reserves & fees

Association shall establish a reserve fund for replacements, deposited in a special account. Also a general operating reserve of at least 3% of monthly assessments, increased to 3% if below 15% of annual amount, can be reduced when 25% accr (Article V, Section 2(a)-(b))

Pets

Reasonable number of domestic dogs, cats, fish, birds in cages as domestic pets only. No livestock, poultry. Limit of two (2) dogs, cats, and birds each (Article VII, Section 2)

Voting & meetings

One vote per apartment. Developer entitled to three votes per unit until 75% sold. More than one owner of an apartment casts one vote as they determine; no fractional votes (Article VI, Section 2)

Amendments

Declaration may be amended within first 20 years by instrument signed by not less than 70% of apartment owners; thereafter by majority. Amendment must be recorded (Article VII, Section 20)

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