The Galatea Condominiums

Key facts from The Galatea Condominiums's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (submitted to a Condominium in accordance)

Legal name

The Galatea Condominiums

Governing law

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

Assessments & dues

Board adopts budget; total Common Expenses assessed against Units in proportion to Common Expense Liability (equal allocation per Section 2.2). (Article 7, Section 7)

Collections & liens

Assessment lien subordinate to First Mortgage. Foreclosure or deed in lieu extinguishes unpaid assessments, monetary penalties, etc. that became payable prior; those may be reallocated as Common Expense. Accrued after remain obligor's respo (Section 7.1)

Architectural approval

Architectural Committee established to regulate external design, appearance, use, and maintenance of the Condominium. Additionally, structural alterations require prior written approval of adjacent Unit Owner. (Section 6.3 and Section 4.3)

Maintenance

Association duties as Unit Owners jointly determine. Unit Owner must maintain and repair his Unit at his own expense. Unit Owner responsible for Limited Common Elements allocated to him. If Association fails to maintain Common Elements, eac (Article 5)

Insurance

Each Purchaser shall maintain fire, casualty, and liability insurance on his Unit at full replacement value, with carrier rated B+ or better. If no larger amount specified, each Purchaser and adjoining Unit Owner jointly must have not less (Article 8)

Use restrictions

Each Unit and Limited Common Element shall be used exclusively for residential use by a Single Family. (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.