Alhambra Terrace

What Alhambra Terrace's governing documents say

Alhambra Terrace is a 32-unit condominium community in Scottsdale, AZ, established under Arizona's Horizontal Property Regime Act. You own your individual unit and a fractional share of the common areas, which are maintained by the association through monthly assessments. The community is governed by this 1978 declaration, which sets rules for use, leasing, maintenance, and finances.

• What you own & maintain: You own the interior space of your unit, including patios and carports designated on the plat, and you must keep them in good repair. The association maintains the common areas (land, roofs, exterior walls, walkways, etc.). Party walls between units are shared; repairs for damage are split between adjoining owners unless caused by one owner's act.
• Assessments & fees: Each unit owner pays a share of common expenses based on their percentage of undivided interest (3.25% for most units; 2.75% for units A3, A4, A7, A8, B1, B2, B5, B6). Payments are due monthly in advance. Late payments accrue 12% annual interest and can become a lien on the unit. Special assessments over $2,500 require approval of 75% of unit owners.
• Use restrictions: Units may be occupied only as a private residence by a single family (including trusts, corporations, partnerships). No nuisance, noise, or activities that interfere with other residents. No rubbish accumulation, and clotheslines/wood piles must be screened. No use that increases insurance rates. Immoral or unlawful use is prohibited.
• Leasing & rentals: Owners must give the management committee 10 days' written notice before selling or leasing a unit, including the proposed purchaser/tenant and terms. The committee has a right of first refusal to buy or lease the unit on the same terms within 10 days. No minimum lease term is stated, but the committee may require compliance with all governing documents.
• Maintenance obligations: You must maintain your unit's interior, plumbing, appliances, air conditioning, and heating equipment. Structural alterations or exterior painting require written committee permission. You are responsible for repairs if your actions or those of your tenants/guests damage the building.
• Insurance: The association must carry fire and extended coverage insurance for full replacement value, plus general liability insurance (minimum $300,000/person, $500,000/occurrence for personal injury, $100,000 property damage). Each owner may obtain additional insurance but cannot reduce the association's coverage.
• Right of entry: The management committee and its agents may enter any unit in an emergency or to make necessary repairs to common areas, with notice to the owner if possible.

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.