Suntech Village Ne Replat

What Suntech Village Ne Replat's governing documents say

This document is a declaration governing a shared private loop road that serves two adjacent commercial properties (Terrazona and San Palmera) in the Suntech Village NE Replat in Phoenix, AZ. It creates an association (NEC Tatum & Bell Owners' Association) to maintain the road, split costs equally between the two property owners, and grant mutual easements for access and utilities. This is not a residential homeowners association — it governs a commercial shared infrastructure arrangement, not individual homes or condo units.

• What this document covers: The declaration defines the 'Loop Road' (a shared roadway, sidewalks, lighting, utilities) and establishes the association to operate and maintain it. It does not regulate individual residential units, pets, leasing, or architectural standards for homes.
• Ownership & voting: Only two members: the owners of the Terrazona Property and the San Palmera Property. Each has one vote. Subdivision of either property does not increase votes. Tenants or occupants are not members.
• Cost sharing & assessments: Common expenses (maintenance, insurance, taxes) are borne equally by the two owners. The association can bill monthly with up to a 10% management fee (not on capital items over $2,000). Unpaid amounts accrue 12% annual interest and become a lien on the property, subordinate to first mortgages.
• Use of the Loop Road: The road is for vehicular and pedestrian access to both properties, including customers, tenants, deliveries, and emergency vehicles. No fees may be charged for use unless required by law or agreed by all owners. Parking on the road is prohibited if it unreasonably interferes with access.
• Insurance: The association must carry comprehensive public liability insurance (min $2M/$5M) and contractor's liability if applicable. Owners must provide proof of insurance and waive subrogation against each other to the extent of insurance recovery.
• Construction & alterations: No improvements may be erected within the Loop Road except as permitted. Any construction or utility work requires association approval, must minimize interference, and the performing owner restores the area and indemnifies others. Emergency work is allowed with prompt notice.
• Damage & destruction: Partial damage is repaired by the association as a common expense (special assessment may be levied). Total destruction requires written agreement of both owners; if no agreement, the road land is split 50/50 between the abutting owners and the association dissolves. Negligent damage is the responsible owner's liability.
• What this document doesn't cover: This excerpt is a partial document (the full declaration is not provided). It does not include rules for individual homeowners, such as pet restrictions, leasing limits, age restrictions, or architectural review for residences. The document only addresses the shared loop road and association governance between two commercial property owners.

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.