Scottsdale in Towne Villas

Key facts from Scottsdale in Towne Villas's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Horizontal Property Regime) (Title: Declaration of Horizontal Propert)

Governing law

Arizona Revised Statutes §10-3704(A) (Second Amendment Recitals)

Assessments & dues

Board from time to time approves assessments; Members pay in monthly installments or other intervals as fixed by Board, within ten days after invoice (Second Amendment Art. III §12)

Special assessments

Association may levy special assessment for construction, reconstruction, repair, replacement of improvements on Common Area, unbudgeted expenses, or any other lawful Association purpose (Second Amendment Art. III §12.8)

Collections & liens

Association has a lien on each Unit for assessments; prior and superior to all other liens except taxes, bonds, and first mortgage or first deed of trust made in good faith and fair value; lien may be foreclosed as a mortgage; Association m (Second Amendment Art. III §15)

Reserves & fees

Board may determine sums for establishment and maintenance of reserves for repair, maintenance, and replacement of improvements, equipment, and facilities on Common Area (Second Amendment Art. III §12.7)

Pets

Commonly accepted household pets permitted in accordance with rules and regulations adopted, amended, or repealed by the Board (Second Amendment Art. III §3)

Leasing & rentals

Yes, but only entire Unit to a single family for upscale single-family residential use and for term of not less than 30 consecutive days; no subleasing or assignment of leases (Third Amendment Art. III §1)

Architectural approval

No buildings, fences, hedges, walls, or other structures erected, moved, or maintained except as installed initially or approved by Board in manner provided in Section 20 of Declaration (Second Amendment Art. III §7)

Home business

No business activities of any kind; no store, office, or other place of business including hospital, care center, theatre, restaurant, bar (Second Amendment Art. III §4 and Third A)

Signs & flags

No signs, including billboards, except those permitted by applicable Arizona law (Second Amendment Art. III §5)

Insurance

Association shall purchase: commercial general liability and property insurance for all parts of Property except Condominium Units; master multi-peril property insurance covering replacement cost of bare structure of all buildings up to unf (Second Amendment Art. III §10(3)-(4))

Use restrictions

Property restricted to upscale adult single-family dwellings for residential use; no business activities of any kind whatsoever (Third Amendment Art. III §1)

Voting & meetings

Amendments require written consent of Members representing not less than two-thirds (2/3) of total votes of the Association (Second Amendment Art. III §28)

Amendments

These covenants may be amended by an instrument in writing executed and acknowledged by Members representing not less than two-thirds (2/3) of the total votes of the Association, which instrument shall be recorded in the office of the Recor (Article III, Section 28 (as replaced))

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