Fountain Place Two Condominium

What Fountain Place Two Condominium's governing documents say

Fountain Place Two Condominium is a condominium community in Scottsdale, AZ — you own your individual unit and share ownership of the common elements, which the association maintains with assessments. Residents are subject to the covenants that run with the land, including use restrictions and architectural controls.

• What you own & maintain: You own the interior of your unit plus the private yard (a restricted common element with exclusive easement). The association maintains common elements, exterior walls, and termite control, but you maintain interior, patio/balcony, back yard fence, windows, private yard landscaping, and utility lines serving only your unit.
• Leasing & rentals: Leases must be in writing and the tenant must agree in writing to follow all governing documents. No lease for transient or hotel purposes — defined as less than 30 consecutive days, so minimum lease term is 30 days. Owners (other than Declarant) may lease only if these conditions are met.
• Pets: No more than two dogs, cats, or household pets per unit. No commercial breeding. Pets must be leashed when outside the unit. After repeated violations, 10 days' notice and a hearing, the animal may be removed.
• Assessments & fees: The association levies annual and special assessments. The initial maximum annual assessment was $900 per unit (for the largest unit; smaller units pay proportionally by square footage). Annual increases up to 10% or CPI, whichever is higher, may be made without a vote. Special assessments require a 2/3 vote of each class. Late fees: the higher of $10 per month or 10% of the delinquent amount.
• Architectural review: No exterior structures or alterations (buildings, fences, walls, patio covers, awnings, antennas, etc.) may be made without prior written approval from the board or architectural committee. Plans must be submitted; if no decision within 30 days, approval is deemed given. Antennas must comply with building code and guidelines.
• Parking & vehicles: No boats, campers, motorcycles, or other vehicles may be parked on common elements except for pick-up/delivery or as permitted by the board. Inoperable or abandoned vehicles may not be stored where visible from other units or streets. Violators may be towed at owner's expense.
• Use restrictions: Property is restricted to residential use only. No business activities, no temporary structures, no signs except one 'for sale' or 'for rent' sign up to 5 square feet per unit. No noxious or offensive activities. Clotheslines must be confined to patio/balcony and garbage must be screened from view.

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.