Scottsdale Shadows V

Key facts from Scottsdale Shadows V's documents

Reflects the 2021 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article I, Section 1.1 (references Arizo)

Units / lots

148 Units (Article I, Section 1.4)

Developer / declarant

Scottsdale Shadows V, Inc., an Arizona nonprofit corporation (the "Association") (Preamble)

Governing law

Arizona Condominium Act, Arizona Revised Statutes §33-1201 et seq. (Article I, Section 1.1)

Assessments & dues

Board prepares annual budget, adopts by majority vote; common charges allocated among Owners according to percentage interest in Common Elements (Exhibit A) (Article VII, Section 7.6)

Special assessments

By majority vote of Board for capital improvements, repair, replacement, or other lawful purpose; but not for expenses defined in Article IX (replacement reserve); due 30 days after levy unless otherwise specified (Article VII, Section 7.2)

Collections & liens

Unpaid assessments constitute a continuing lien on the Unit, subordinate to first mortgage; Association may foreclose in manner of realty mortgage; may also bring personal action; sale of Unit requires payment of all amounts due for clear t (Article VII, Section 7.1 and 7.4)

Reserves & fees

Board must establish Restricted Replacement Reserve Fund segregated in interest-bearing accounts; used solely for major repairs, restoration, capital replacement (roofs, boilers, etc.); cannot be used for annual maintenance or operating exp (Article IX, Section 9)

Pets

Yes, but only one domestic indoor cat or caged bird (unless Federal/State law allows otherwise); must be registered with RCI, have rabies vaccinations yearly (except birds); no commercial purpose or breeding; must be on leash when outside U (Article XVII, Section 17.11)

Leasing & rentals

Yes, but with restrictions: Owner must have been Record Owner for at least 365 consecutive days before leasing; lease minimum 90 continuous days or 3 months (whichever greater); no transient or hotel use; entire Unit must be leased; existin (Article XVII, Section 17.1)

Parking & vehicles

Two types: Restricted Parking Spaces (deeded, taxable) and Guest Parking Spaces (outside, maintained by RCI). Restricted spaces may be leased only to Association Owners; grandfathered spaces may be owned by non-Owners but cannot be leased/s (Article VI, Sections 6, 6.1, 6.2, 6.3, 6)

Fences

No building, fence, wall, etc. shall be commenced without approval (Article XVIII). No alterations to patio/balcony railing without written consent (Article XV, 15.1). Party walls (including patio/balcony walls) are subject to mutual obliga (Article XVIII; Article XV, Section 15.1;)

Architectural approval

Yes, prior written approval of Board required for any alteration of Common Elements, additions/improvements to patios/balconies, structural alterations within Unit, plumbing/electrical work; non-structural interior alterations (except patio (Article XIV, Section 14; Article XVII, S)

Home business

Allowed if not detectable from outside, conforms to zoning, conducted solely within Unit, no solicitation or visitor traffic, consistent with residential character. Leasing not considered a business. (Article XVII, Section 17.7 and 17.8)

Signs & flags

No signs except emergency notifications (animals, infirmed people) and signs authorized by AZ/Federal law; must comply with state law (Article XVII, Section 17.14)

Setbacks / home size

Buildings have seven structural stories above ground floor (Article I, 1.4) (Article I, Section 1.4)

Maintenance

Association responsible for maintenance and repair of roofs on Buildings and underground parking garage membranes; damage to Unit from roof leak repaired by Owner except ceiling required for roof repair (Article XX, Section 20)

Insurance

Association must maintain: (a) property insurance covering entire Common Property at 100% replacement cost, excluding interiors of Units; (b) comprehensive general liability insurance with min $1,000,000 per occurrence and $2,000,000 umbrel (Article X, Section 10)

Use restrictions

No part of Property shall be used other than for residential purposes and related common purposes (Article XVII, Section 17)

Voting & meetings

One vote per Unit; joint owners must cast a single vote; if unable to agree, vote is lost; votes in person or by written/electronic absentee ballot; no social media votes (Article IV, Section 4.2 and 4.2.1)

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