Tres Olivos
You own a unit plus a share of the common elements; the association maintains the building and grounds.
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What Tres Olivos's governing documents say
Tres Olivos is a condominium community in Scottsdale, AZ, governed by a Horizontal Property Regime. You own your unit plus an undivided percentage interest in the common areas. The declaration and its restrictions run with the land and bind all unit owners, their heirs, successors, and assigns.
- Ownership structure: There are 26 units. Each unit includes an apartment, a patio, and an undivided percentage interest in common areas. Unit owners collectively own the common areas and facilities as tenants in common.
- Assessments & fees: Regular monthly assessments cover common expenses and fund a reserve for periodic maintenance. Special assessments for capital improvements over $10,000 require approval of 75% of owners. Late payments accrue 12% annual interest, and unpaid assessments become a lien on the unit, enforceable by foreclosure.
- Insurance: The association carries hazard insurance on common elements and structural portions of units (bare-walls coverage). Owners must insure the interior (floor coverings, wall coverings, cabinetry, built-ins, appliances, fixtures, HVAC) and carry liability coverage. The board decides deductible responsibility; if damage is due to an owner's neglect, that owner pays the full deductible.
- Maintenance responsibilities: The association maintains common areas and facilities. Each owner is responsible for maintaining the air conditioning equipment on the roof that serves their unit, as well as all interior portions not covered by the association's insurance.
- Leasing & rentals: If an owner defaults on assessments for more than a month, the board may demand rent from the tenant. No minimum lease term or other leasing restrictions are stated in this excerpt.
- Protection of first mortgagees: Assessment liens are subordinate to first mortgages. The association must notify mortgagees of damage exceeding $1,000 per unit or $10,000 to common areas. Insurance policies include a standard mortgagee clause.
Key facts from Tres Olivos's documents
- Community type
- Condominium (Horizontal Property Regime) (Section 2, Section 3)
- Governing law
- Arizona Horizontal Property Regime Act (A.R.S. §33-551 through §33-561) and Arizona Condominium Act (A.R.S. §33-1201 through §33-1261) to the extent not conflicting (Paragraph 1.a)
- Collections & liens
- Unpaid assessments become a continuing lien on the unit and may be foreclosed; personal obligation also exists (Paragraph 16 and Paragraph 20)
- Reserves & fees
- Regular periodic assessments shall include a charge for a reserve fund adequate for periodic maintenance, repairs, and replacements of Common Areas (Paragraph 16 and Paragraph 20)
- Leasing & rentals
- Yes, but only entire unit; no subleasing; lease must be in writing and subject to Declaration and rules (Paragraph 23.d)
- Home business
- Permitted as auxiliary business if not apparent from exterior, no customer visits, conforms to zoning, does not constitute nuisance, and owner resides in unit (Paragraph 23.a)
- Insurance
- Each owner must carry hazard insurance for unit and improvements not covered by association, insurance for deductible, and liability insurance; policies must contain waivers of subrogation (Paragraph 19.c)
- Use restrictions
- Each Unit shall be occupied as a private residence by a single family; all Units shall be used exclusively for single-family residential use (Paragraph 23.a)
- Voting & meetings
- Votes allocated according to percentage interests in Common Areas; 'Majority of Owners' means more than 50% of undivided ownership interests (Paragraph 12 and definition 1.r)
- Amendments
- Requires approval of not less than two-thirds (2/3) of undivided interests in Common Areas, subject to First Mortgagee protections (Paragraph 28)
Collections & enforcement records
Public records show 8 enforcement filings by this association between 1988 and 2019.
*Distinct properties liened, not filings — one home may be liened repeatedly over the years, so this counts the homes affected.
Source: Maricopa County Recorder and Maricopa County Superior Court public indexes.
About this HOA
Tres Olivos is a homeowners association in Scottsdale, AZ.
HOAproxy has 5 documents on file for Tres Olivos: 4 amendments and 1 CC&R. Last updated 2026-07-18.
Governing documents
- Document (11 pages) — PDF
- Document (1 page) — PDF
- Document (2 pages) — PDF
- Document (1 page) — PDF
- Document (30 pages) — PDF