Greenway Professional Park Condominium Association

Key facts from Greenway Professional Park Condominium Association's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (commercial)

Legal name

Greenway Professional Park Condominium Association

Units / lots

Maximum thirty-two (32) Units, up to four (4) per Building (Section 3.2(v): "Each of the eight (8) B)

Developer / declarant

GREENWAY 40, L.L.C., an Arizona limited liability company (Recitals, Paragraph A)

Governing law

Title 33, Chapter 9, Arizona Revised Statutes (A.R.S.) (Recitals, Paragraph B)

Assessments & dues

Allocated based on Common Expense Liability, which is proportionate to undivided interest in Common Elements (based on gross square footage). (Section 3.6(b), Page 17: "Common Expense)

Special assessments

Special assessments may be levied by the Board as authorized under Section 8.4. (Section 8.4)

Collections & liens

Association has a lien on a Unit for unpaid assessments, which may be foreclosed. (Section 8.9: "Effect of Nonpayment of As)

Reserves & fees

The Association shall maintain a reserve fund for capital expenditures and deferred maintenance. (Section 8.14: "Maintenance of Reserve Fu)

Pets

Animals, reptiles, fish (except fish aquarium inside a Building) or birds are not permitted unless approved in writing by Board. (Section 6.4: "No animals, reptiles, fish)

Leasing & rentals

Leasing or rental of Building or part is allowed with written lease that complies with Declaration, Articles, Bylaws, and Rules; a copy must be delivered to Association prior to commencement of term. (Section 6.20: "Any lease or rental agree)

Parking & vehicles

249 parking spaces total; 7 handicapped, 59 covered. Covered spaces assigned by Board as Limited Common Elements; uncovered spaces available for all. Vehicles must park in designated spaces. (Article 4, Sections 4.1-4.2, Pages 10-11)

Fences

Fences, hedges, walls, trees, landscaping not allowed except as initially installed by Declarant or approved by Board (Section 6.16). (Section 6.16, Page 23)

Architectural approval

Yes, any exterior changes, additions, or landscaping require approval by Board acting as Architectural Control Committee (Section 6.25). (Section 6.25, Page 24)

Home business

Prohibited business uses listed: automotive repair, heavy equipment, motorcycle/snowmobile sales, recreational vehicle repair, pawn shops, landscape retail, fast food, salons and barbers (Section 6.9). (Section 6.9, Page 22)

Signs & flags

Exterior signs, interior signs visible from outside, advertisements, name plates, identification directories require prior approval by Board in conformity with City codes and sign criteria. (Section 6.11: "Exterior signs, interior )

Maintenance

Roof leaks and repairs addressed in Section 12.3. (Section 12.3, Page 30 (not fully extract)

Use restrictions

No nuisance, excessive noise, objectionable odors, or interference with peaceful possession allowed. No fire hazards, no increase in insurance rates, no negating roof warranty. (Section 6.2)

Voting & meetings

Each Owner (other than Declarant) has one (1) vote per five hundred (500) square feet of Unit owned; Declarant has three (3) votes per five hundred (500) square feet. Fractions below 250 sq ft rounded down, above 250 sq ft rounded up. (Section 7.3)

Amendments

Declaration may be amended as provided in Article 13 (not detailed in excerpt). (Article 13: "Amendment")

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