Sherran Lane Condominium
TypeCondominium
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Sherran Lane Condominium's governing documents say
Sherran Lane Condominium is a small 2-unit condominium in Phoenix, AZ. You own your unit’s interior and share ownership of the building’s common elements, which the homeowners association maintains and insures. Each unit has equal voting power (2 votes per unit) and equal share of common expenses (1/2).
- What you own & maintain: You own the space inside your unit (walls, floors, ceilings) and are responsible for all interior maintenance, repairs, and replacements, plus your appurtenant limited common elements (patio, balcony, etc.). The association maintains all other common elements (landscaping, parking, structural components) and carries master hazard and liability insurance.
- Assessments & fees: Assessments are levied equally per unit (each unit pays 1/2 of common expenses). Regular assessments are set annually; special assessments may be levied for capital improvements or violations. Late payments incur a late charge (set in bylaws) and interest. Unpaid assessments become a lien on your unit.
- Use restrictions & occupancy: Each unit is limited to single-family occupancy, defined as related persons (by blood, adoption, or marriage) plus up to two unrelated individuals. No business or commercial activity (other than home professional pursuits without employees or public visits) is allowed.
- Leasing & rentals: You may lease your entire unit but not less than the whole unit. All leases must be in writing and subject to the declaration, bylaws, and association rules. You are responsible for your tenant’s compliance; if the tenant violates rules, the association can demand you take action and may even evict on your behalf at your expense.
- Pets: Household pets are allowed but cannot be raised, bred, or kept for commercial purposes. The board may prohibit pets that become a nuisance or annoyance to other owners or occupants.
- Parking & vehicles: Only temporary parking is allowed in the driveway area (e.g., for invitees, loading/unloading, service vehicles). Long-term or overnight parking is not specified but appears restricted. The board may adopt rules and charge special assessments for violations.
- Architectural review: Any exterior changes (painting, landscaping in common areas, repairs, additions like patio covers, solar collectors, window tinting) require prior written board approval. The board must work in good faith with owners to reach a mutually agreeable design.
Key facts from Sherran Lane Condominium's documents
- Community type
- Condominium (Title and Article II)
- Governing law
- Sections 33-1201 through 33-1270, Arizona Revised Statutes (Section 1.01)
- Assessments & dues
- Board adopts a budget prior to fiscal year, determines regular assessment. If inadequate, Board issues supplemental estimate and revised assessment. Assessments uniform per unit. (Section 6.03 (budget and regular assessm)
- Special assessments
- Board may levy special assessments for compliance costs, capital improvements, and other charges per Declaration, Bylaws, or Rules. Also for owner default in maintenance (4.04), violation charges (e.g., 9.02, 9.03, 9.04). (Section 6.08 (special assessments), Sect)
- Collections & liens
- Assessment is a continuing lien on the Unit; Association may foreclose the lien or bring personal action. Foreclosure sale conducted per Arizona realty mortgage procedures. Association may bid at sale. (Section 6.01 (lien), Section 7.04 (actio)
- Reserves & fees
- Association shall maintain an adequate reserve fund for periodic replacement of Common Elements, funded as part of monthly assessments. Surplus may be retained as additional reserves. (Section 5.09)
- Pets
- Household pets permitted, but not for commercial purpose. No animal or fowl that in Board's judgment results in annoyance or is obnoxious. Board may adopt rules and assess charges for violations. (Section 9.04)
- Leasing & rentals
- Leasing of entire Unit allowed; partial leasing prohibited. Leases must be in writing and subject to Declaration, Bylaws, and Association Rules. Owner responsible for tenant compliance. If tenant violates, Board may take action after 10-day (Section 9.05)
- Parking & vehicles
- No parking on driveway except temporary parking (defined as parking of invitees, delivery/service vehicles, loading/unloading). Association may adopt rules and assess charges for violations (special assessments). (Section 9.02)
- Architectural approval
- No exterior changes without prior written Board approval. Examples: painting, landscaping (except Limited Common Elements), repairs, patio covers, screens, doors, evaporative coolers, fireplaces, skylights, storage buildings, solar collecto (Section 9.08)
- Use restrictions
- Use of each Unit restricted to single family occupancy. No industry, business, trade, or commercial activities (except home professional pursuits without employees, public visits, or nonresidential storage and mail). (Section 9.07)
- Voting & meetings
- Each Unit has two votes. One class of voting membership. (Section 3.05 (two votes per unit), Secti)
- Amendments
- Declaration runs for 50 years from recording, then auto-extends for successive 10-year periods unless instrument signed by both Owners and their Lenders recorded within 1 year prior to end of period agreeing to change/revoke. Material amend (Sections 15.05 (term and extension), 13.)
About this HOA
Sherran Lane Condominium is a homeowners association in Phoenix, AZ.
HOAproxy has 1 document on file for Sherran Lane Condominium: 1 recorded document. Last updated 2026-07-24.