Shadow Hills Condominium

What Shadow Hills Condominium's governing documents say

Shadow Hills Condominium is a condominium community in Phoenix, AZ. You own your individual unit and an undivided share of the common elements. The association manages and maintains common areas, funded by assessments paid by unit owners.

• What you own: Each unit is defined by the interior finished surfaces of walls, floors, and ceilings. Structural components and utility systems serving more than one unit are common elements. Each unit has an equal undivided interest in common elements (1 divided by total units).
• Assessments: Annual assessments are payable in monthly installments. A capital contribution equal to two monthly installments may be required at purchase. Delinquent payments incur 18% annual interest plus late charges, and create a lien on the unit subordinate to first mortgages.
• Association governance: The association is governed by a board of 3-5 directors. Declarant controls the board until 90 days after 75% of units are sold or 3 years after first sale. Owners vote one vote per unit. The board may adopt rules, fines, and special assessments.
• Parking: The board may allocate parking spaces as limited common elements to individual units, either permanently or temporarily. Owners need board approval to install structures restricting vehicle access.
• Rules & enforcement: The board can adopt, amend, or repeal rules that are binding on all owners and occupants. Fines can be enforced as special assessments. Board determinations on disputes are final.
• What this document doesn't cover: This partial document does not include sections on leasing (Section 19), pets, signs, vehicles, or other use restrictions. The full declaration or association rules likely contain those details.

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.