The Vale Condominiums

Key facts from The Vale Condominiums's documents

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

Community type

Condominium (Recital B, Article III)

Units / lots

Not explicitly stated; fractional interest 1/50th implies 50 units, but also mentions Commercial Units. (Section 3.6 (fractional interest); Secti)

Developer / declarant

Beck Developments, L.L.C., an Arizona limited liability company (First paragraph of Declaration, Recital )

Governing law

Title 33, Chapter 9 of the Arizona Revised Statutes (Section 1.1 (Act))

Assessments & dues

Board adopts annual budget and sets regular assessments. Supplementary estimate may be issued if budget inadequate. (Section 6.3, Section 6.4)

Special assessments

Capital improvement assessment limited to 10% of estimated annual Common Expenses without 2/3 owner vote. Special assessments also for owner defaults. (Section 6.5, Section 6.6)

Collections & liens

Assessment is a continuing lien on the Unit under A.R.S. §33-1256. Association can foreclose in manner of realty mortgage. (Section 6.1, Section 7.6)

Reserves & fees

Association shall maintain an adequate reserve fund funded as part of regular assessments. (Section 5.14)

Pets

Yes, generally recognized house pets allowed, but not more than 2 per Residential Unit. No animals in Commercial Units except decorative fish tanks. (Section 9.11)

Leasing & rentals

Leases are addressed in Section 9.12 (exact text not provided). (Table of Contents, Section 9.12)

Parking & vehicles

Commercial Vehicles (trucks, mobile homes, motor homes, travel trailers, RVs, boats, etc.) prohibited except temporarily for loading/unloading or servicing Commercial Units. (Section 9.4.B)

Architectural approval

Architectural Control is addressed in Section 9.16 (exact text not provided). External fixtures require Board approval. (Table of Contents, Section 9.16; Section)

Home business

Permitted if not apparent from outside, conforms to zoning, no door-to-door solicitation, max one non-resident employee, no excessive traffic, no hazardous materials, consistent with residential character. (Section 9.1.A (conditions i-vii))

Maintenance

Association responsible for building structural portions and roofs. (Section 4.1.A)

Insurance

Association must obtain casualty insurance (Section 10.2) and public liability/property damage insurance (Section 10.3). Specific amounts not stated. (Section 10.2, Section 10.3)

Use restrictions

Residential Units shall be used exclusively for residential use by a Single Family. (Section 9.1.A)

Voting & meetings

Each Unit has one vote. If multiple owners, they determine how vote is cast. (Section 5.5)

Amendments

Section 14.19 addresses amendments (exact text not provided). (Table of Contents, Section 14.19)

Amenities

Clubhouse, pool, barbeques, dog runs, other recreational facilities. (Section 4.1.D, Section 1.10 (Common Elem)

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