Thunderbird Terrace

What Thunderbird Terrace's governing documents say

Thunderbird Terrace is a condominium community in Phoenix, AZ — you own your individual unit (which includes a parking space) and share ownership of the common elements. The association maintains common areas and carries master insurance, funded by assessments based on your unit's fractional interest.

• What you own & maintain: You own the interior surfaces of your apartment (walls, floors, ceilings) and are responsible for maintaining them, as well as appliances, plumbing/electrical fixtures, and interior doors. The association maintains structural elements, common areas, and building exteriors.
• Leasing & rentals: Only entire apartment units may be leased, with a minimum lease term of 31 days. Occupancy is limited to the lessee, family, servants, and guests.
• Pets: Only household pets are allowed, but the board may limit the number, kind, and regulate pets by rule.
• Occupancy & use: Each unit may be occupied only by a single family. No business activities are allowed in units (except personal professional library, recordkeeping, or handling personal business calls/ correspondence).
• Signs & exterior changes: No advertising or other signs on units or property without board approval. The board may designate a location for 'for rent' or 'for sale' signs. Exterior painting, awnings, shades, fences, or landscaping outside the apartment require prior board approval.
• Alterations & improvements: Nonstructural additions inside your apartment do not require board approval, but structural changes need certification by an Arizona engineer/architect and board approval. Any alteration visible from outside the property also requires board approval.
• Assessments & fees: Regular assessments are based on your unit's fractional interest in common elements (1/34th per unit). Special assessments may be levied for unanticipated costs or if you fail to maintain your unit. Late payments may incur interest and charges, and unpaid assessments become a lien on your unit.

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.