Costa Alada Condominiums

Key facts from Costa Alada Condominiums's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title: "Condominium Declaration for Cost)

Legal name

Costa Alada Condominiums Homeowners Association

Developer / declarant

Costa Alada Condominiums Homeowners Association (Opening paragraph and Definition (O): "D)

Governing law

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

Assessments & dues

Board of Directors adopts budget for each fiscal year; total estimated Common Expenses assessed against each Unit in proportion to its Common Expense Liability (equally allocated) (Article 7A and Section 2.2)

Collections & liens

Assessment Lien subordinate to lien of any First Mortgage; delinquent assessments, monetary penalties, and other fees that are extinguished upon foreclosure may be reallocated and assessed to all Units as a Common Expense (Article 7B)

Parking & vehicles

Except for emergency repairs, no automobile, motorcycle, motorbike or other motor vehicle shall be constructed, reconstructed, serviced or repaired on any portion of the Condominium so as to be visible from neighboring property; no inoperab (Section 4.9)

Architectural approval

Architectural Committee established by Board to regulate external design, appearance, use and maintenance; structural additions, alterations, improvements or modifications to color/texture of exterior require prior written approval of owner (Sections 6.3, 4.3, 4.1)

Maintenance

Association shall have such duties as Unit Owners jointly determine; each Unit Owner shall maintain, repair, replace and restore at his own expense all portions of his Unit, and shall maintain Limited Common Elements allocated to his Unit (Article 5 and Section 5.1(A)(B))

Use restrictions

Each Unit and Limited Common Elements shall be used, improved and devoted exclusively to residential use by a Single Family (Article 4, first sentence)

Voting & meetings

Each Unit has one vote (Section 2.3)

Amendments

Except as otherwise provided, amendment requires vote of Unit Owners to which at least 100% of votes are allocated; amendments signed by both Unit Owners and recorded. During Period of Declarant Control, Declarant may amend to comply with l (Sections 10.4(A)(D)(E)(F))

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