Solaris Condominiums

Key facts from Solaris Condominiums's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1.5: 'Solaris Condominiums' or ')

Units / lots

Not explicitly stated in the text but can be inferred from Plat and Schedule A references; no specific number given. (Section 6 describes 12 two-story buildin)

Developer / declarant

740 Esplanade, LLC, an Arizona Limited Liability Company (Section 1.18)

Governing law

Arizona Condominium Act (A.R.S 33-1201 et seq.) (Section 1.1)

Assessments & dues

Board estimates charges for coming year, creates budget, presents at annual meeting, must be approved by majority vote of owners present or by proxy. If budget inadequate, Board may recommend amendment approved by majority vote at special m (Section 16(b))

Special assessments

May be levied for capital improvements, unexpected repairs, etc. Requires affirmative vote of Unit Owners holding at least two-thirds of votes present or represented by proxy at special meeting. (Section 16(c))

Collections & liens

Unpaid assessments are a lien on the Unit. Association may foreclose. Lien subordinate to first mortgage. Suit for money judgment maintainable without foreclosure. Notice to mortgage holders required. (Section 16(a) and (h))

Reserves & fees

Association shall retain an adequate reserve account separate from annual assessment, based on estimates for repair/replacement/acquisition of Common Elements. (Section 16(d))

Pets

Yes, domestic household pets allowed subject to rules. (Section 11(g)(3))

Leasing & rentals

Yes, owner may lease or rent Unit for any residential purpose (except hotel or transient) subject to provisions of Declaration. (Section 11(b))

Parking & vehicles

189 total parking stalls: 133 covered, 56 uncovered, plus street parking. Parking stalls are Common Elements for maintenance and assessment purposes but certain stalls are Limited Common Elements assigned to specific Units as per Schedule A (Section 9(f))

Fences

Board may adopt rules governing construction, improvement or alteration of any fence and other structures appurtenant to buildings or located on common/limited Common Elements. (Section 11(h)(2))

Architectural approval

Yes, for modifications, decorations, additions or alterations to buildings, decks, garages, carports, rails, stairways, fences, patio/yard areas, or other common/limited Common Elements. Prior written approval of Board required for many ite (Sections 11(e), 11(f), 11(h))

Solar & roof

Board may prescribe type and color of paint or decorative finish for buildings, decks, garages, etc. (Section 11(h)(1))

Home business

Allowed if Unit serves as primary residence, no business vehicle parking over 2 days, business not detectable from outside, no regular client visits, no goods/equipment stored outside unit/garage over 2 days. (Section 11(g)(15))

Signs & flags

No sign of any kind displayed to public view on exterior wall or window except one professional sign (max 30x60 inches) advertising Unit for sale/rent with Board consent (Section 11(g)(2))

Maintenance

Not explicitly stated; roof is part of Common Elements? Section 1.15: 'all other portions of the walls, floor, and ceiling shall be part of the Common Elements.' Roof likely Common Element, thus Association responsibility. But not directly (Section 1.15 (boundaries) and Section 11)

Insurance

Not detailed; only reference that Unit Owner must not increase fire insurance premiums or cancel insurance (Section 11(i)). (Section 11(i))

Use restrictions

Units shall be used for single-family residential purposes only, on ownership, rental or lease basis, and for normal incidental uses including home office without regular customer visits. (Section 11(a))

Voting & meetings

Each Unit Owner gets one membership and one vote per Unit owned; total voting power of all condominiums is 25 votes (Section 10(b) and Section 14(b))

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