The Peaks Corporate Park II, a Condominium
A commercial owners' association (office, retail, industrial, or business-park units) — not a residential community.
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What The Peaks Corporate Park II, a Condominium's governing documents say
This document establishes The Peaks Corporate Park II as a commercial condominium in Scottsdale, AZ — you own an office unit and share ownership of common elements. The association maintains common areas and exterior portions, and a Master Association (The Peaks Corporate Park Owners' Association) also governs the larger development. Use is strictly non-residential; the property is intended for offices and similar commercial purposes.
- Permitted use: Units may only be used for commercial purposes — residential use is prohibited. Any lawful commercial use is allowed, subject to other restrictions in the declaration and CC&Rs.
- Animals: No animals, birds, fowl, poultry, or livestock are allowed in any unit or on any other portion of the condominium.
- Parking & vehicles: No trucks, trailers, campers, boats, or similar equipment may be parked or stored on the property except entirely inside a unit. Inoperable vehicles and vehicle repairs (except emergencies) are prohibited. Parking is only allowed in designated areas.
- Signs: Building-mounted exterior signs require prior written approval from both the Association and the Master Association. 'For Sale' or 'For Rent' signs are not permitted on the exterior unless specifically assigned. All signs must comply with the CC&Rs and any sign program.
- Alterations & improvements: Non-structural interior alterations can be made without approval. Structural changes or any work on the exterior portion (including walls, doors, windows) requires prior written approval from the Association, and if required, the Master Association. An engineer's certification may be needed for structural work.
- Assessments & fees: Each unit pays a share of common expenses based on its percentage interest (square footage). Additional utility and water assessments may be levied. Special assessments can be passed for capital improvements. Delinquent assessments accrue interest and are secured by a lien against the unit.
- Master Association: The condominium is part of a larger planned community governed by a Master Association (CC&Rs). The Master Association may have additional rules and assessments. The condominium association collects and pays Master Association assessments on behalf of unit owners.
Key facts from The Peaks Corporate Park II, a Condominium's documents
- Community type
- Condominium (commercial)
- Legal name
- The Peaks Corporate Park II, A Condominium
- Developer / declarant
- IED PINNACLE/MILLER II, LLC (Opening paragraph; Section 1.2(o))
- Governing law
- Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Article 1, Section 1.1)
- Assessments & dues
- Common Expense Assessments based on budget adopted by Board of Directors; each Unit assessed in proportion to its Common Expense Liability (percentage interest per Section 2.6) (Section 7.2(a))
- Special assessments
- Association may levy special assessment for capital improvements or other lawful purpose. Due 30 days after levy unless otherwise specified. (Section 7.5)
- Collections & liens
- Assessment Lien secures all assessments, penalties, fees. Association may foreclose like a realty mortgage, bid at sale, purchase and convey units. (Section 7.6(b), (c))
- Reserves & fees
- Budget may include amounts for general operating reserves, contingencies, and replacements. (Section 7.1(a)(v))
- Leasing & rentals
- Leasing is permitted; long-term lease (≥5 years) may delegate Unit Owner rights to tenant. (Section 1.2(kk) (definition of Unit Owne)
- Parking & vehicles
- Covered parking spaces allocated as Limited Common Elements per recorded memoranda. Parking only in designated areas. (Section 2.8(a)(iii); Section 4.12(b))
- Signs & flags
- Building-mounted exterior signs require prior written approval of Association and Master Association; must comply with sign program. 'For Sale' signs on exterior not permitted except as assigned. Signs required by law permitted. (Section 4.14)
- Use restrictions
- No nuisance permitted; no activity unreasonably offensive or detrimental; exterior speakers prohibited except security/emergency. (Section 4.16)
- Voting & meetings
- Total 56 votes. Each Unit allocated 1 vote per 1,200 gross square feet, rounded to nearest whole number. Specific allocations: Units C100 and C115: 3 votes; C105, C110: 1 vote; each Unit in Buildings D, E, F, H, I: 2 votes; each Unit in Bui (Section 2.7)
Related associations
Nearby (within 500 m): Silverstone · Scottsdale Peak Condominiums · Vista Monterey
About this HOA
The Peaks Corporate Park II, a Condominium is a homeowners association in Scottsdale, AZ.
HOAproxy has 1 document on file for The Peaks Corporate Park II, a Condominium: 1 CC&R. Last updated 2026-06-14.