The Chama Villa Condominiums

What The Chama Villa Condominiums's governing documents say

This is a condominium declaration for The Chama Villa Condominiums, a 2-unit condominium in Phoenix, AZ. It establishes the rules for unit owners and the association, including unit boundaries, use restrictions, maintenance responsibilities, assessments, and insurance requirements. The declaration applies to unit owners and governs the community.

• Unit Boundaries & Ownership: There are two units, A and B. Unit boundaries are the interior finished surfaces of exterior walls, floor, and ceiling. Limited common elements include driveways, patios, and utility meters serving only one unit. Each unit has an equal 1/2 undivided interest in common elements and one vote in the association.
• Use Restrictions (Residential Only): All units and limited common elements must be used exclusively for single-family residential purposes. No gainful occupation, profession, or trade is allowed, though personal professional activities (e.g., keeping records, handling calls) are permitted. No nuisances or offensive activities are allowed.
• Maintenance Responsibilities: The association maintains and repairs all common elements. Each unit owner maintains their unit and allocated limited common elements (e.g., driveway, patio). If an owner fails to maintain, the association may do so and charge them via a special assessment.
• Assessments & fees: Common expense assessments are levied equally per unit, subject to a maximum that can increase with the Consumer Price Index. Special assessments require a two-thirds vote of unit owners. Delinquent assessments bear 12% annual interest and a $10 late fee. The association may levy monetary penalties for violations.
• Insurance: The association must maintain property insurance (all-risk, replacement cost) on common elements and units (excluding owner improvements), general liability insurance of at least $1,000,000 per occurrence, workers' compensation, directors and officers liability, and fidelity bonds. Unit owners may obtain their own insurance for their unit and personal property.
• Rights of Mortgagees: First mortgage holders have rights to receive notices, approve certain amendments (e.g., changes to voting rights, assessments, leasing restrictions), and inspect association records. The assessment lien is subordinate to first mortgages. No right of first refusal on unit sales is allowed.
• Amendment & Duration: The declaration runs for 20 years from recording, automatically renewing for 10-year periods. Amendments generally require a 75% vote of unit owners, except during declarant control where the declarant may amend for legal compliance without owner approval.

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.