Kepler Casas Condominiums

Key facts from Kepler Casas Condominiums's documents

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

Community type

Condominium

Legal name

KEPLER CASAS CONDOMINIUMS

Developer / declarant

KEPLER CASAS CONDOMINIUMS (Article 1, Section 1.1(O))

Governing law

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

Assessments & dues

Total estimated Common Expenses per budget adopted by Board, assessed against each Unit in proportion to its Common Expense Liability (equal per Section 2.2) (Section 7A and Section 2.2)

Collections & liens

Assessment lien subordinate to First Mortgages; foreclosure or deed in lieu extinguishes pre-foreclosure assessments; extinguished amounts may be reallocated as Common Expense (Section 7B)

Architectural approval

Prior written approval of Adjacent Unit owner required for structural additions, alterations, improvements, or modifications of exterior color/texture within Unit; also subject to Fountain Hills Committee of Architecture (Section 4.3 and 4.12)

Maintenance

Unit owner maintains unit (Section 5.1(A)) and allocated Limited Common Elements (Section 5.1(B)); Association has duties as Unit Owners jointly determine (Section 5) (Section 5 and 5.1)

Insurance

Each Purchaser shall maintain fire, casualty, and liability insurance on Unit at full replacement value required by Association or joint agreement of both Unit Owners; not less than $500,000 liability insurance jointly with Adjacent Unit ow (Section 8)

Use restrictions

Each Unit and Limited Common Elements used exclusively for residential use by a Single Family (Section 4)

Voting & meetings

Each Unit has one vote, allocated equally among all Units (Section 2.3)

Amendments

Except as permitted by Condominium Act, amendment requires vote of 100% of Unit Owners (Section 10.4(A)); Declarant may amend during Period of Declarant Control for compliance with law or to correct errors not adversely affecting rights (Se (Section 10.4)

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