Courtyards at Market Street

Key facts from Courtyards at Market Street's documents

Community type

Condominium as of 2002 (Title of Declaration: "Declaration of Co)

Developer / declarant

Condominiums at Market Street, L.L.C., an Arizona limited liability company as of 2004 (Recital B, First Amendment parties)

Governing law

A.R.S. § 33-1243.D (Arizona Condominium Act) as of 2004 (First Amendment Recital B)

Assessments & dues

Board prepares budget; Common Expense Assessment levied accordingly as of 2002 (Section 7.0, 7.1(A))

Special assessments

Permitted as provided in Section 7.2 as of 2002 (Section 7.2 (table of contents, text par)

Collections & liens

Assessment Lien granted to Association under A.R.S. §33-1256; nonpayment remedies in Section 7.3 as of 2002 (Section 1.1(F) and Section 7.3)

Reserves & fees

Capital Reserve Fee required (Section 7.12); also Common Expenses include allocations to reserves (Section 1.1(L)) as of 2002 (Sections 1.1(L) and 7.12)

Pets

Yes, a reasonable number of house pets as of 2002 (Section 4.6)

Architectural approval

Yes; Board and Architectural Committee approval needed for structural modifications, exterior changes, and other modifications (Section 4.3) as of 2002 (Section 4.3)

Home business

Allowed under seven conditions listed in Section 4.0 (e.g., not apparent from outside, conforms to zoning, no increased traffic, etc.) as of 2002 (Section 4.0)

Insurance

Article 8 is referenced (table of contents) but text not extracted; thus specifics unknown. as of 2002 (Table of Contents, page 4)

Use restrictions

All Units and Limited Common Elements shall be used exclusively for residential use by a Single Family. as of 2002 (Section 4.0)

Voting & meetings

Each Unit has one vote as of 2002 (Section 2.5)

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