Perimeter Gateway 101

What Perimeter Gateway 101's governing documents say

Perimeter Gateway 101 is a commercial office complex in Scottsdale, AZ, governed by a Declaration of Easements, Covenants, Conditions & Restrictions. This document binds the owners of Lots 1A, 1B, and 1C — typically businesses or commercial property owners — and sets rules for use, parking, maintenance, and cost-sharing. It is not a residential community.

• Permitted uses: Lots may only be used for business office, professional office, semi-professional office, and related commercial uses allowed under the City's CO zoning classification.
• Parking & vehicles: Each lot's permittees generally park only on that lot's surface area. Overnight parking is limited to pre-authorized special events. An underground parking easement on Lot 1C provides 313 designated spaces for Lot 1B users, with shared maintenance costs and a monthly fee of at least $40 per space.
• Maintenance responsibilities: Declarant maintains the common area (Tracts A, B, C, L) and recovers costs from lot owners. Each owner maintains its own lot and structures, including rubbish removal with screened containers.
• Assessments & liens: Common area expenses are split among owners based on each lot's rentable square footage. Unpaid assessments accrue 18% annual interest and can become a recorded lien against the owner's lot.
• Enforcement & amendments: Only Declarant can enforce the covenants. Amendments require either Declarant's unilateral action (if no material adverse effect on other owners), agreement of all owners, or (for parking easements) agreement of affected lot owners. All amendments must be recorded.

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.