Miller Road Residences

Key facts from Miller Road Residences's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title page)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1.1)

Assessments & dues

Board adopts annual budget; Common Expense Assessment equals each Unit's Common Expense Liability (1/16) times total estimated Common Expenses; Board may increase during fiscal year if funds inadequate. (Section 7.1.1, 7.2.1)

Special assessments

Special Assessments are authorized (Article 7). (Section 7.3)

Collections & liens

Assessment Lien secures all assessments, penalties, and charges; recording of declaration perfects lien; Association may foreclose like a realty mortgage and bid at sale. (Section 7.4.2, 7.4.3)

Reserves & fees

Budget may include general operating reserves and reserves for contingencies and replacements. (Section 7.1.1)

Maintenance

Association maintains Common Elements (5.1). Unit Owners maintain Units and Limited Common Elements (5.2). Repair restoration after damage (5.3). Association may perform maintenance if Unit Owner fails and charge (5.4). (Article 5)

Voting & meetings

One vote per Unit, allocated equally among all Units. (Section 2.7, page 24)

Amendments

Declaration may be amended by vote of Unit Owners holding at least 67% of votes (except certain exceptions). Declarant may amend during Period of Declarant Control without Unit Owner consent to comply with law, correct errors, or comply wit (Section 10.5.1, 10.5.2, 10.5.3, 10.5.4)

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