Pecos 17 Lot A

Key facts from Pecos 17 Lot A's documents

Community type

Condominium (Article 2.2)

Legal name

Pecos 17 Lot A Owners Association (Section 2.3)

Developer / declarant

Pecos 17, LLC, an Arizona limited liability company (Opening paragraph)

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Section 1.1)

Special assessments

Special assessment for capital improvements or other lawful purpose requires approval of Unit Owners representing 2/3 of votes present and voting at a meeting; except for damage/destruction of Common Elements (Section 9.1) (Section 7.3)

Reserves & fees

Initial contribution at purchase; no reserves in first 3 years. After 3 years, budget includes reasonable reserves. After Declarant control, Board obtains reserve study at least every 3 years covering major components with remaining useful (Section 7.12)

Leasing & rentals

Leasing allowed with written lease subject to Declaration and Rules; owner must provide Association with lease info 10 days before start; provide copy of Declaration and Rules to lessee; owner liable for lessee violations (Section 4.15)

Signs & flags

No signs on exterior without Board approval, except Declarant signs, property manager professional signage, and standard signage per Exhibit D (Section 4.11)

Voting & meetings

Total votes in Association shall be 100, allocated among Units in accordance with each Unit's percentage of undivided interests in Common Elements (Section 2.7)

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