Scottsdale Resort Club

What Scottsdale Resort Club's governing documents say

Scottsdale Resort Club is a timeshare/vacation ownership plan in Scottsdale, AZ. Owners purchase a Vacation Ownership Interest (e.g., a 1/52 undivided fee interest in a unit) granting the right to use a unit for one or more weeks per year based on a reservation system. The Association manages the property, common areas, and common furnishings.

• Use & reservation rights: Owners must reserve their use period via the Association's system, which operates on a first-come, first-served basis unless the interest is 'Fixed Time' or 'Fixed Unit.' Reservations can be for a full unit (Combined Suite) or for separate suites (Studio or One-Bedroom in Villa Units; Studio or Two-Bedroom in Residence Units), subject to availability.
• Seasons & unit types: The year is divided into three Seasons: Platinum (weeks 1–18, 49–53), Gold (weeks 19–28, 37–48), and Silver (weeks 29–36). Units are either Villa Units (2-bedroom with Studio and One-Bedroom suites) or Residence Units (4-bedroom with two Studio suites and a Two-Bedroom suite). Availability and reservation priorities vary by Season.
• Rental & leasing: Owners may rent their properly reserved Accommodation Period to third parties, provided they notify the Managing Agent in advance. Unreserved periods may be rented to the public by the Declarant or Association; during Declarant's control period, rental revenue from unpreserved periods goes to Declarant. Owners may also rent through exchange programs only with Declarant and Association consent.
• Pets: No animals or pets are allowed in or on the Property except as expressly permitted by the Rules and Regulations (which are not included in this document).
• Use restrictions: Units may be used only for resort or vacation purposes. No commercial activity, signs, or alterations are allowed without Association approval. All use must comply with the Master Declaration and Rules and Regulations. No Owner may place a Unit in an unapproved exchange program.
• Assessments & fees: Owners are obligated to pay Basic Assessments (for operating expenses and reserves), Special Assessments, and Personal Expenses. Assessments are levied per Vacation Ownership Interest. Delinquency can result in suspension of use rights and a lien on the interest.
• Voting & governance: Each Owner gets one vote per annual week of use allocated to their Vacation Ownership Interest (Villa: 1 vote per week; Residence: 2 votes per week). Declarant holds a separate Class B membership with 6–12 votes per week until it owns less than 15% of total voting power. The Board is appointed by Declarant until 85% of all interests are sold.
• Holdover penalties: If an Owner or guest fails to vacate a unit at the end of their Accommodation Period, they are liable for liquidated damages equal to the greater of actual rental income lost or the maximum rack rate, plus an administrative fee of at least $200 per day. They also must cover costs of alternate accommodations for the displaced next occupant.

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.