University Ranch Condominiums

What University Ranch Condominiums's governing documents say

University Ranch Condominiums is a condominium community in Phoenix, AZ — you own your unit (an airspace apartment) and share an undivided interest in the common elements. The association maintains the building’s structure and common areas, funded by monthly assessments. This 1981 declaration governs the community and binds all unit owners.

• What you own & maintain: You own the interior surfaces (walls, floors, ceilings) and are responsible for decorating and cleaning windows/glass doors. The association maintains structural components (outside walls, floor/ceiling slabs, load-bearing columns), common conduits, and exterior surfaces.
• Assessments & expenses: Each unit pays a proportionate share of common expenses (1/112 interest if all 112 units are built). Regular assessments are set annually by the board; special assessments can be levied for unforeseen costs. Unpaid assessments bear interest and create a lien on the unit, enforceable by foreclosure.
• Alterations & improvements: Non-structural interior changes are allowed without approval, but structural alterations require prior board approval and an engineer’s certification. Any addition visible from outside the building also needs board approval for aesthetic harmony.
• Party walls & roofs: Walls between units are party walls; each adjoining owner shares responsibility. Damage caused by an owner’s act must be repaired at that owner’s expense. Otherwise, the association repairs. Disputes go to arbitration.
• Voting & membership: Each unit gets one vote. Owners automatically become association members. Voting rights are suspended if assessments are unpaid for 15 days after notice. Declarant controls the association until 75% of units are sold.

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.