Gray Road Business Center Condominiums

What Gray Road Business Center Condominiums's governing documents say

Gray Road Business Center Condominiums is a commercial condominium in Scottsdale, AZ — you own one of nine units, but they cannot be used for housing or living purposes. The association maintains common elements like parking and driveways, funded by assessments based on unit square footage.

• Permitted & prohibited uses: Units may only be used for uses allowed under the zoning in place at recording, except that bakeries, emissions testing facilities, daycare centers, beverage bottling, bulk cleaning, delicatessens, fiberglass fabrication, food processing/preparation, granite/marble fabrication, ice plants, motor vehicle repair, off‑airport heliports, plating, and restaurants are explicitly prohibited. No residential or living purposes are allowed.
• Leasing & rentals: Leases must be in writing, comply with the governing documents, and include a clause binding tenants to those documents. A copy of the lease and an environmental disclosure form must be delivered to the board before the lease starts; the board may charge a reasonable review fee. There is no minimum lease term stated.
• Animals: No animals, reptiles, fish (except aquariums inside a unit), or birds are allowed unless approved in writing by the board. Service animals for the handicapped are expressly excepted.
• Parking & vehicles: All vehicles must park in designated parking spaces only. The board may assign up to two parking spaces per unit for exclusive use; remaining spaces are common. Vehicles that are not in running condition, abandoned, or stored may be towed at the owner's expense.
• Architectural review & exterior changes: No exterior changes, additions, or alterations (including painting, planting, awnings, signs, or landscaping) may be made without prior written board approval. Plans must be submitted; the board has 30 days to approve or disapprove. Signs are permitted only on designated walls or with vinyl lettering on windows, subject to board approval of style and color.
• Assessments & fees: The board sets annual, special, and supplemental assessments based on each unit's allocated interest (percentage of common expense liability, per square footage). A working capital fund deposit is required from new owners. Delinquent assessments accrue 15% annual interest and may become a lien on the unit.
• Insurance: The association must maintain casualty and liability insurance for the common elements with a special condominium endorsement, waiver of subrogation, and standard mortgage clause. Policies must have deductibles as determined by the board.

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.