21°? Street Estates, a Condominium

Key facts from 21°? Street Estates, a Condominium's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Name: '21st Street Estates, a condominiu)

Legal name

21°? Street Estates, A Condominium

Developer / declarant

BP DEVELOPMENT PROPERTIES, L.L.C., an Arizona limited liability company (Preamble)

Governing law

Arizona Condominium Act, A.R.S. §§33-1201 et seq. (Section 1.0)

Assessments & dues

Board adopts annual budget. Common Expenses assessed equally among Units (1/18 each). (Sections 7.0(A) and 7.1(A))

Special assessments

Permitted, as provided in Section 7.2. (Section 7.2 heading)

Collections & liens

Assessment Lien granted by §33-1256 of Condominium Act to secure Assessments. Association may enforce collection as provided in Declaration, including foreclosure. (Section 1.1(D) and Section 7.4)

Reserves & fees

Budget must include adequate allocation to reserves. (Section 7.0(A)(v))

Use restrictions

All Units and Limited Common Elements shall be used, improved and devoted exclusively to residential use by a Single Family. (Section 4.0)

Voting & meetings

Each Unit has one vote. (Section 2.4)

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