Prem’s Condominiums
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Prem’s Condominiums's governing documents say
Prem’s Condominiums is a 5-unit condominium community in Scottsdale, AZ — you own your individual unit and an equal 20% share of the common elements. The association maintains the common areas and carries master insurance, funded by per-unit assessments. All units are for single-family residential use only, with limited home business allowances.
- What you own & maintain: You own your unit and its interior; the association maintains the common elements (private drive, common areas). Limited common elements may be allocated by the Board for exclusive use. You must maintain your unit and any assigned limited common elements at your own cost.
- Pets: Up to 3 dogs per unit are allowed as household pets; other generally recognized house pets are permitted subject to Board approval. Pets must be kept within the unit, not roam free, and waste must be promptly removed.
- Leasing & rentals: You may lease your entire unit only (no partial leases). All leases must be in writing, subject to the governing documents, and you must notify the association of the lease term and occupant names. You remain liable for any violations by your tenants.
- Parking & vehicles: No parking on the private drive. Inoperable vehicles, trailers, boats, RVs, and commercial vehicles are prohibited. Bicycles may only be stored inside units or in designated areas. The association may tow violators at the owner's expense.
- Architectural review & alterations: Nonstructural interior changes do not require approval, but any structural addition, alteration, or exterior change (including window coverings) must have prior written Board approval. Alterations visible from other units require Board approval for aesthetics.
- Assessments & fees: Common expense assessments are equal per unit (20% each). The Board may increase assessments up to a limit; exceeding that requires a 2/3 vote of owners. Special assessments for capital improvements also need 2/3 approval. Late payments incur 18% interest and enforcement assessments.
- Use restrictions & nuisances: Units are for single-family residential use only. Home businesses are allowed only if not detectable from outside and with no employee who is not a resident. No nuisances, hazardous materials, or illegal activities permitted. Signs (including for-sale) require Board approval except as allowed by law.
- Variances: The Board may grant written variances from the rules due to hardship or aesthetic considerations, subject to conditions. Variances are not precedent for future requests.
Key facts from Prem’s Condominiums's documents
- Community type
- Condominium (Section 2.1: Submission of Property as a)
- Legal name
- Prem’s Condominiums
- Developer / declarant
- Devika, Inc., a Nevada corporation (Section 1.1(N))
- Governing law
- Arizona Condominium Act, A.R.S. §33-1201 et seq. (Section 1.1)
- Special assessments
- May be levied for capital improvement or other lawful purpose; requires approval of 2/3 of votes and Declarant during control period (Section 7.3)
- Reserves & fees
- Board shall establish reserves for periodic maintenance, repair, replacement of major components of Common Elements; reserve study at least every 3 years; funds in separate account (Section 7.13)
- Pets
- Yes, generally recognized house pets may be maintained within a Unit (Section 4.6)
- Leasing & rentals
- Yes, entire Unit only; lease must be in writing and subject to Condominium Documents (Section 4.17)
- Parking & vehicles
- No parking on Private Drives; no inoperable vehicles; no vehicle repair except emergency; no bicycles except in Unit or designated areas (Sections 4.10, 4.12)
- Architectural approval
- Nonstructural additions/alterations/improvements may be made without prior approval but owner liable for damage; structural or exterior alterations require prior written Board approval; any alteration visible from other Units requires Board (Section 4.3(A))
- Home business
- Permitted if not detectable from outside, conforms to zoning, no door-to-door solicitation, no more than one non-resident employee, no excessive traffic, no hazardous materials, and consistent with residential character (Section 4.1 (i)-(vii))
- Signs & flags
- No emblems, signs, or billboards visible from exterior without prior written approval of Board; exceptions for Declarant signs, legal proceedings, political signs as permitted by law, and Board-approved signs (Section 4.13)
- Use restrictions
- All Units shall be used exclusively for residential use by a Single Family (Section 4.1 first sentence)
- Voting & meetings
- One vote per unit; can be suspended for violation of documents (Section 2.5)
About this HOA
Prem’s Condominiums is a homeowners association in Scottsdale, AZ.
HOAproxy has 1 document on file for Prem’s Condominiums: 1 CC&R. Last updated 2026-06-14.