Legend Arroyo Condominium

Key facts from Legend Arroyo Condominium's documents

Community type

condominium (Condominium Declaration title and Articl)

Legal name

Legend Arroyo Condominium

Developer / declarant

Viking Construction Inc.

Governing law

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

Assessments & dues

Board of Directors adopts a budget of estimated Common Expenses; total amount is assessed against each Unit in proportion to its Common Expense Liability, which is allocated equally between the two Units. (Sections 7 and 2.2)

Collections & liens

Any assessment lien is subordinate to the lien of any First Mortgage. Upon foreclosure, purchaser acquires title free of claims for unpaid assessments, penalties, etc. that became payable before sale. Extinguished amounts may be reallocated (Section 7.1)

Architectural approval

Architectural Committee established to regulate external design, appearance, use, and maintenance. No structural alterations, additions, or improvements, or modification of color or texture of any exterior part of a Unit, shall occur withou (Sections 6.3 and 4.3)

Maintenance

Association shall have duties as Unit Owners jointly determine. Unit Owners maintain their Units and allocated Limited Common Elements at their own expense. Also responsible for adjoining common elements if Association fails. (Sections 5 and 5.1)

Use restrictions

Each Unit and Limited Common Element shall be used, improved, and devoted exclusively to residential use by a Single Family. (Article 4, Section 4)

Voting & meetings

Each Unit has one vote in the Association. (Section 2.3)

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