The Cadre, a Condominium

Key facts from The Cadre, a Condominium's documents

Community type

Condominium (Document title and throughout)

Developer / declarant

4161 Craftsman, LLC, an Arizona limited liability company (Section 1.20 and preamble)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Section 1.18)

Assessments & dues

Regular Assessments established by Board of Directors at least once each year; paid annually or monthly as Board determines (Section 7.4)

Special assessments

May be levied by Board; requires two-thirds vote of Board; no specific vote of owners mentioned (Section 7.5)

Collections & liens

Association has Assessment Lien; may foreclose; notice required; priority as per statute (Articles 7 and 8 (Sections 7.1, 8.1, 8.5)

Reserves & fees

Board may establish reserves for contingencies and replacements; Reserve Contribution defined (Sections 1.49, 7.14, 7.2(G))

Leasing & rentals

Units may be leased or rented subject to restrictions (Section 4.16 title) (Section 4.16)

Parking & vehicles

Parking Spaces are Common Elements; Association manages and may grant licenses to Owners (Section 2.10)

Architectural approval

No improvement or alteration without prior written approval of Board of Directors; also Declarant approval required in certain cases (Sections 4.4, 4.26)

Home business

Allowed in Residential Units if not detectable from outside, conforms to zoning, no visitors/employees, etc. (Section 4.1)

Maintenance

Roof is part of Common Elements (Section 2.5.B), so Association maintains (Section 2.5.B)

Insurance

Each Owner must maintain insurance on personal property and liability insurance (Section 9.9)

Use restrictions

Residential Units used exclusively as Single Family residence; incidental home business allowed with conditions (Section 4.1)

Voting & meetings

Total votes 100; allocated per Unit based on square footage with 90% reduction for Commercial Units; per Unit on Exhibit B (Section 2.7)

Amendments

Declaration may be amended by vote of 67% of unit owners; higher percentages required for certain changes (Section 14.12)

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