Apex Motor Club Private Garage Condominiums

Key facts from Apex Motor Club Private Garage Condominiums's documents

Reflects the 2022 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

Apex Motor Club Private Garage Condominiums

Units / lots

48 (initial Phase 1); potential total of 96 1,250 sq ft units and 168 625 sq ft units (Sections 2.4, 2.5)

Developer / declarant

Apex Landco, LLC

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, Section 1.1)

Assessments & dues

Board adopts annual budget; Common Expense Assessment per unit proportional to floor area (Common Expense Liability) (Sections 7.1, 7.2(a), 2.7)

Special assessments

Approved by 2/3 of votes of Units in Association, voting in person or by proxy (Section 7.3)

Collections & liens

Assessment Lien perfected by recording Declaration; foreclosure in same manner as realty mortgage; Association may bid at sale (Section 7.4(b), (c))

Reserves & fees

Budget includes amounts for general operating reserves and replacements (Section 7.1(a)(iv))

Parking & vehicles

Commercial vehicles, camping vehicles, travel trailers, campers, recreational vehicles, boats, boat trailers, all-terrain vehicles, and similar equipment may not be parked on the Condominium (Section 4.9)

Architectural approval

Board of Directors (and Declarant until end of Declarant Control Period) must approve structural additions, exterior alterations, and certain interior equipment (lifts, hoists, etc.) (Section 4.4)

Home business

Non-commercial vehicle storage and repair allowed; commercial repair prohibited (Section 4.1)

Maintenance

Roofs are part of Common Elements (Section 1.2(g)(viii)), so Association is responsible (Section 1.2(g)(viii), 5.1)

Voting & meetings

Each 1,250 sq ft unit has 1 vote; each 625 sq ft unit has 1/2 vote if added (Section 2.8)

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