Surprise Medical & Professional

Key facts from Surprise Medical & Professional's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Commercial office planned community (non-residential; can convert to condominium) (Recitals, Art. IV use restrictions, Art.)

Units / lots

Not explicitly stated; identifying numbers imply up to 99 offices per building across 6 buildings (addresses 18715, 18731, 18747, 18761, 18775, 18789 N. Reems Road) (Art. II 2.4)

Developer / declarant

MV Reems Investments, L.L.C., an Arizona limited liability company (Opening paragraph, Art. I 1.2(n))

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (used for interpretation, project not yet a condominium) (Recitals, Art. I 1.1, 1.2)

Assessments & dues

Board adopts budget at least 30 days before fiscal year; total estimated Common Expenses (except those assessed to specific owners) divided among offices according to Common Expense Liability (Section 2.6). Board may increase mid-year if fu (Art. VII 7.1, 7.2(a))

Special assessments

Requires approval of Office Owners representing two-thirds of votes in person or by proxy at a duly called meeting (exception for damage/destruction under Section 9.1). Due 30 days after levy unless otherwise specified. (Art. VII 7.3)

Collections & liens

All assessments, penalties, and fees are secured by an Assessment Lien as under the Condominium Act. Recording of Declaration perfects lien. Lien may be foreclosed like a realty mortgage; Association may bid at sale. Lien has priority excep (Art. VII 7.5(b), (c), (e))

Reserves & fees

Required effective first day of fiscal year following 1 year after final Certificate of Occupancy. Board determines reasonable amounts; deposited in separate Reserve Account. Reserve study required at least every three years after end of De (Art. VII 7.11)

Leasing & rentals

Yes; Lessee is defined. Office Owner may lease. (Art. I 1.2(x), Art. III 3.3(b))

Parking & vehicles

Parking Area and Parking Spaces shown on Survey. Some parking may be Limited Common Elements. Association may adopt parking rules (Section 3.3(a)(i)). Declarant may reserve unallocated spaces for marketing. (Art. I 1.2(ee), (ff); Art. III 3.3(a)(i))

Signs & flags

Board establishes rules for signs providing reasonable identification; rules must be consistent for all owners. 'For Sale' and 'For Rent' signs also addressed by rules. (Art. IV 4.5)

Use restrictions

Offices must be used exclusively for commercial office use. Prohibited uses include: residential, entertainment, industrial, warehouse, storage (except typical office storage), construction (except initial or maintenance), manufacturing. Ad (Art. IV 4.1)

Voting & meetings

One vote per square foot of office; total votes equal total square footage of all offices. (Art. II 2.7)

Amendments

Not fully specified for Declaration; for reallocation of boundaries or Limited Common Elements: executed by affected owners, submitted to Board, which must approve if reasonable within 30 days. Declarant may allocate unallocated Limited Com (Art. I 1.2(p)(iii), Art. II 2.8(c),(d), )

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