Villas at 31st Avenue

Key facts from Villas at 31st Avenue's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: 'Villas at 31st Avenue, A Condomi)

Legal name

Villas at 31st Avenue, A Condominium

Developer / declarant

DVD Development, LLC, an Arizona limited liability company (Signature block and Recitals)

Governing law

Arizona Condominium Act (A.R.S. § 33-1201 through 33-1270) (Section 1.1)

Assessments & dues

Not fixed; determined annually by Board of Directors. (Section 6.3)

Special assessments

Requires approval at a meeting by affirmative vote of two-thirds of eligible votes cast (in person, absentee; proxy allowed during Declarant Control). Used for capital improvements, unexpected repairs, etc. (Section 6.5)

Collections & liens

Unpaid assessments, interest, costs, fees, etc., constitute a continuing lien on the Unit. Association may foreclose like a mortgage. Personal obligation also attaches to Unit owner. (Section 6.1, Section 6.9)

Reserves & fees

Annual assessment may include reserve fund for taxes, insurance, deductibles, maintenance, repairs, replacements of Common Elements. (Section 6.2 (last sentence))

Pets

Yes (Section 4.5)

Parking & vehicles

Each Unit assigned at least one garage/parking space. Family Vehicles (defined in 4.16(b)) may park in assigned space; additional Family Vehicles may park in undesignated spaces if in good working condition. No storage of anything other tha (Section 4.16(a))

Home business

Permitted only if not detectable by sight/sound/smell from outside, conforms to zoning, no retail customers coming to Unit, no more than one employee not residing in Unit, no congestion, no hazardous materials, and consistent with residenti (Section 4.1(a) and (b))

Signs & flags

No signs visible from neighboring property except: (i) Declarant's advertising signs; (ii) signs placed by Declarant/Board on Common Elements; (iii) signs required by legal proceedings; (iv) for-sale signs not larger than 8 square feet. Hol (Section 4.2)

Use restrictions

Units and Limited Common Elements shall be used exclusively for Single Family Residential Use. No gainful occupation, profession, trade, or other nonresidential use on the Unit or Limited Common Element. (Section 4.1(a))

Voting & meetings

Class A: one vote per Unit owned (except Declarant). Class B (Declarant): three votes per Unit owned until conversion to Class A upon earliest of: (i) 4 months after Class A votes exceed Class B, (ii) 6 years after first Unit sale, (iii) De (Section 5.2)

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