Spectrum Falls Professional Park

Key facts from Spectrum Falls Professional Park's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Spectrum Falls Association, Inc. (Section 1.2.5; Section 2.3)

Units / lots

Not explicitly stated in provided text; refer to Plat and Exhibit B. (Section 2.4 ("Identifying numbers of Uni)

Developer / declarant

SPECTRUM FALLS DEVELOPMENT, INC., an Arizona corporation (Preamble)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Article 1, Section 1.1; Section 1.2.15)

Special assessments

Special Assessments and Enforcement Assessments may be levied. Defined in Sections 1.2.21 and 7.4 (but text of Article 7 not fully provided in excerpt). (Sections 1.2.3, 1.2.21)

Leasing & rentals

Leasing or rental of Units is permitted subject to conditions. Leases must be in writing and subject to Condominium Documents. Lessee failure to comply is a default and a violation by Owner. (Section 4.15.1)

Voting & meetings

Total votes in Association are 100, divided among Unit Owners according to their fractional interest in Common Elements/Common Expenses (as on Exhibit B) multiplied by 100. (Section 2.7)

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