Villas Eastwood Two

What Villas Eastwood Two's governing documents say

Villas Eastwood Two is a condominium community in Phoenix, AZ — you own your individual apartment unit plus a 1/165th undivided interest in the common elements. The association maintains the exteriors, common areas, and roofs, and carries master insurance. These rules apply to all owners, tenants, and occupants.

• What you own & maintain: You own the interior of your unit. The association maintains the common elements, exteriors (except windows), roofs, parking, landscaping, and recreational facilities. You are responsible for interior utilities and personal property insurance.
• Leasing & rentals: Leases for less than one year are allowed without the association's right of first refusal, but any lease renewal to the same tenant is not exempt. For leases of one year or more, you must first offer the lease to other members (right of first refusal) via the board before accepting an outside offer.
• Pets & animals: Keeping domestic animals is allowed but must comply with regulations adopted by the condominium association. No specific limit on number or type is stated beyond 'domestic animals.'
• Architectural review: Exterior additions, alterations, fences, hedges, or walls require written approval by the board or an architectural committee. Plans must be submitted for review of design, harmony, and location.
• Signs & business use: Only one 'For Rent' or 'For Sale' sign (max 5 sq ft) per unit is allowed. No billboards, unsightly objects, or nuisances. No business activities of any kind are permitted in any building or on the premises (except builder during construction/sale).
• Assessments & fees: Each unit pays a monthly assessment equal to 1/165th of the association's budget, which covers maintenance, reserves, insurance, and recreational facilities. Assessments are due on the 1st of each month; if unpaid after 20 days, they become a lien on the unit.
• Right of first refusal: Before selling or leasing (for one year or more), you must give written notice of the offer to the board. Within 15 days, any member or group of members may match the offer and you must accept. If not, you may close the deal within the next 60 days.
• Party walls: Walls between units are party walls. Damage caused by one owner's act must be repaired by that owner at their cost. Damage from other causes is shared equally. Alterations requiring party wall changes need written consent of the adjoining owner.

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.