The M Old Town Condominium

Key facts from The M Old Town Condominium's documents

Community type

Condominium (Title page)

Developer / declarant

Genesis Real Estate Development, LLC, an Arizona limited liability company (Opening paragraph before Introduction)

Governing law

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

Special assessments

Special Assessments described in Section 7.4 (Section 7.4)

Reserves & fees

Reserve Contribution (Section 7.13) - text not provided but listed in table of contents (Table of contents, Section 7.13)

Pets

Yes, limited to Permitted Pets (Section 4.2)

Leasing & rentals

Leasing is not considered a trade or business under Section 4.1; Section 4.21 (Rental Of Units) referenced in table of contents but text not provided. (Section 4.1 final sentence: 'The leasing)

Parking & vehicles

Parking only in any garage appurtenant to the Unit. (Section 4.3)

Architectural approval

Prior written approval required for many items: window coverings (Section 4.7), porches/patios furnishings (Section 4.8), antennas/satellite dishes (Section 4.9), and generally any exterior alteration. (Sections 4.7, 4.8, 4.9 and 4.25 (Declara)

Home business

Permitted subject to 11 conditions (a)-(k) in Section 4.1, including not detectable from outside, no employees not resident, no more than 20% floor area, etc. (Section 4.1)

Signs & flags

Generally prohibited, except as permitted by A.R.S. § 33-1261; no signs, banners, balloons, flags or other communication forms. (Section 4.6)

Use restrictions

All Units shall be used, improved and devoted exclusively to residential use by a Single Family. (Section 4.1)

Voting & meetings

One vote per Unit (Section 2.5: Allocation of Votes in the )

Amendments

Amendments to Declaration governed by Section 13.5; also Section 12.2 requires approval of First Mortgagees for certain amendments. (Section 13.5 and 12.2)

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