Liberty Center at Rio Salado

What Liberty Center at Rio Salado's governing documents say

Liberty Center at Rio Salado (Building 6) is a commercial office and industrial park property in Tempe, Arizona, governed by a Tract Declaration that sets out covenants binding the property buyer to the developer's (Liberty's) standards for design, use, and maintenance. This document controls what the buyer can build, how it must look, what it can be used for, and how it shares in the park's operating costs. This is not a residential community — it is a commercial lease-purchase property subject to design approval and pro-rata cost obligations.

• Property use & zoning: The property is restricted to general office use consistent with the park's zoning and character. The buyer cannot change the zoning or land use restrictions without Liberty's written consent, which Liberty may withhold in its sole discretion.
• Design & construction approval: All exterior improvements, alterations, and renovations require Liberty's prior written approval of detailed plans (including site layout, landscape, roof, grading, elevations with materials and colors, sections, etc.). Liberty has 15 calendar days to approve, conditionally approve, or deny; failure to act within 15 days is a denial, but a written status request resets the clock, and 7 days of non-response thereafter constitutes approval. The buyer pays all reasonable out-of-pocket costs for Liberty's third-party consultants reviewing the plans.
• Maintenance standards: The buyer must maintain the property and all improvements in 'first class condition' at all times — vacant areas weed-free and dust-proof, exterior surfaces comparable to other office buildings in the park, landscaping healthy and well-maintained, and utilities/trash areas screened from adjoining land and public streets.
• Common areas & project costs: Liberty maintains the park's common areas; the buyer pays quarterly for its pro-rata share (by land area) of all project costs (maintenance, facilities, services). Project management fees are capped at 3% of project costs. Annual reconciliation within 90 days determines any overpayment refund or shortfall due within 30 days.
• Parking requirements: The buyer must provide adequate off-street parking to meet zoning requirements, eliminating on-street and overflow parking. Parking is prohibited on public/private streets, within common areas, on landscaped areas, or in utility easements.
• Delinquent charges & enforcement: Unpaid project costs trigger a default; Liberty can charge 1.5% per month interest plus attorneys' fees and recording costs. Liberty may foreclose a lien against the property under Arizona law or sue the buyer personally for the debt.
• Dispute resolution: Disputes over design approval or delinquent charges proceed to binding arbitration if not resolved within 14 days of written notice. Either party may initiate; the prevailing party recovers reasonable attorneys' fees and arbitration expenses.
• What this document doesn't cover: This is a commercial tract covenant for an office park property buyer, not a residential rulebook. It does not address resident conduct, personal lease terms, pets, HOA voting, or individual unit rules.

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.