Vella De Madrid Condominium

What Vella De Madrid Condominium's governing documents say

Vella De Madrid is a condominium in Phoenix, AZ — you own your individual apartment and share ownership of common elements. This document is the By-Laws, which govern how the owners' association is run, your obligations, and how rules are made. It applies to all owners, tenants, and anyone using the property.

• Association governance & voting: Each apartment owner gets one vote per unit, regardless of co-owners. A 'majority of owners' means more than half of all units. A quorum for meetings is a majority of owners present in person or by proxy. Proxies must be filed before the meeting.
• Board of Directors: The Board has 7 directors, all must be unit owners. They are elected annually by majority vote. The Board manages the condominium, hires a management agent, obtains insurance, collects assessments, and can establish rules of conduct. Vacancies are filled by remaining directors.
• Assessments & expenses: All owners must pay monthly assessments equally per unit (as stated in the Declaration) to cover common expenses including insurance, maintenance, utilities for common areas, and repairs. The Board sets the budget and collects assessments.
• Maintenance & repairs: Owners must maintain and repair their own apartment interior (plumbing, electrical, windows, etc.). If an owner's failure causes damage, they reimburse the association. Owners cannot make structural alterations without written notice to the association; if no response within 14 days, it's deemed approved.
• Use & access rules: All apartments are for residential use only. Owners must allow entry for emergencies and for repairs to common systems with advance notice. The Board can adopt additional rules and must provide written copies to owners.
• Right of entry: In an emergency, management or Board-authorized persons may enter an apartment without owner's presence. For non-emergency repairs, entry must be requested in advance at a convenient time.
• Amendments: By-Laws can be amended only with approval from 75% of owners and 75% of mortgagees, at a properly called meeting.

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.