The Ocotillo Collection Condominiums

Key facts from The Ocotillo Collection Condominiums's documents

Reflects the 2025 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: 'DECLARATION OF CONDOMINIUM AND C)

Legal name

The Ocotillo Collection Condominium Association (Definition of 'Association')

Developer / declarant

HCM Ocotillo 2, LLC, an Arizona limited liability company (First paragraph of Declaration)

Governing law

Arizona Condominium Act, Arizona Revised Statutes §§ 33-1201 through 33-1270 (Article 1 definitions: 'Act')

Assessments & dues

Initial amount determined by Board; not fixed in Declaration. (Section 4.3)

Special assessments

Requires approval by affirmative vote of 50%+ of Eligible Votes cast at a meeting, except assessments arising from owner's failure to comply with certain sections. (Section 4.4)

Collections & liens

Assessments constitute a lien on the Unit, superior except for taxes and first mortgages. Lien perfected by recording this Declaration. May foreclose like mortgages. Association may bid at sale. (Section 4.7)

Reserves & fees

Annual Assessment may include a reserve fund for taxes, insurance, deductibles, maintenance, repairs, and replacements of Common Elements (Section 4.2(b))

Pets

Yes, pets are allowed subject to Association rules; Association may limit number and type of pets that use Common Elements. (Section 2.4(a) and Section 8.15 (title))

Leasing & rentals

Prohibited (Section 8.3 title). (Section 8.3 (title in TOC))

Parking & vehicles

Subject to rules established by Association (or Declarant during Declarant Control Period). Association may regulate, restrict, or prohibit parking, storage, or operation of vehicles; designate guest parking, assign spaces, set speed limits (Section 2.6)

Architectural approval

Yes, exterior changes require prior approval of Architectural Committee. (Article 7, Section 7.1)

Maintenance

Roof slabs are structural components of Building; therefore Common Elements. Association responsible for maintenance and repair. (Unit definition (Article 1): 'All struct)

Insurance

Association must obtain comprehensive general liability insurance for Common Elements with minimum $1,000,000 combined single limit (Section 6.2(a)). Property hazard insurance for Common Elements (replacement cost) covering walls, bare floo (Section 6.2(a)-(c))

Use restrictions

Prohibited: Noxious or Offensive Activities (Section 8.8 title). (Section 8.8 (title only in TOC, but fact)

Voting & meetings

Two classes: Class A (all Owners except Declarant) with one vote per Unit based on Fractional Interest; Class B (Declarant) with three times the Voting Interest per Unit owned. When Declarant Control Period ends, Class B converts to Class A (Article 3, Sections 3.2 and 3.3)

Amendments

Reallocation of Limited Common Elements requires amendment executed by affected Owners, approved by Board unless unreasonable. General amendment procedure is in Section 13.4 (not fully shown). (Section 2.7; Section 13.4 (title in TOC))

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