Villas on Roma Condominiums

Key facts from Villas on Roma Condominiums's documents

Community type

Condominium

Legal name

Villas On Roma Condominiums

Developer / declarant

D.E.K. CONSTRUCTION, INC.

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Section 1.1)

Assessments & dues

Board adopts annual budget, then Common Expense Assessment is levied against each Unit in proportion to its Common Expense Liability (1/7 each, per Section 2.6). Board may increase during fiscal year if funds inadequate. (Sections 7.1 and 7.2)

Special assessments

Requires approval by Unit Owners representing two-thirds (2/3) of votes in the Association voting at a duly called meeting. (Section 7.3)

Collections & liens

All Assessments and other charges are secured by an Assessment Lien. Association may foreclose like a realty mortgage. Lien is subordinate to any First Mortgage. (Sections 7.5 and 7.6)

Reserves & fees

Budget shall include amounts for general operating reserves and reserves for contingencies and replacements. (Section 7.1(A)(iv))

Pets

Reasonable number of generally recognized house pets permitted. (Section 4.8)

Leasing & rentals

Yes, but must lease entire Unit; minimum lease term thirty (30) days. (Section 4.20)

Parking & vehicles

No trucks, trailers, campers, boats, etc. except (a) pickup trucks under 3/4 ton with camper shells not exceeding 7 ft height, or mini-motor homes not exceeding 7 ft height and 18 ft length, parked in compliance, and (b) temporary guest/inv (Section 4.13)

Architectural approval

Prior written approval required for structural alterations, any alteration visible from exterior, antennas/dishes, certain patio planting, window treatments, and signs. (Sections 4.2, 4.3, 4.5, 4.16, 4.19)

Home business

Permitted under conditions: not detectable from outside, conforms to zoning, no outside visitors or solicitation, consistent with residential character. (Section 4.1)

Signs & flags

No signs permitted on exterior without prior written approval of Architectural Committee, except one political sign not larger than 24" x 24" within 45 days before or 7 days after an election. (Section 4.16)

Maintenance

Unit Owner liable for damage to Common Elements or other Units resulting from negligence or willful conduct. (Section 5.3)

Insurance

Property insurance on Common Elements and Units (excluding improvements installed by owners and personal property) on "All Risk" form at 100% replacement cost. Comprehensive general liability insurance not less than $2,000,000 combined sing (Section 8.1(A)(i), (ii))

Use restrictions

All Units and Limited Common Elements shall be used exclusively for residential purposes. Business activity allowed only if not apparent, conforms to zoning, no visitors, and consistent with residential character. (Section 4.1)

Voting & meetings

Each Unit has one vote in the Association. Votes allocated equally among Units. (Section 2.7)

Amendments

Amendment to Declaration not fully specified for general amendments, but Board can amend to reallocate Limited Common Elements without member vote (Section 2.8(C)). Declarant may amend during Period of Declarant Control to comply with law o (Sections 1.2(S)(vi)-(vii), 2.8(C))

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