3rd Avenue Palms Condominiums

Key facts from 3rd Avenue Palms Condominiums's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2, Section 2.1 Submission of Pro)

Legal name

3rd Avenue Palms Condominium Association, Inc. (Section 1.2.3 and Section 2.3)

Developer / declarant

Central Villas, LLC, a Delaware limited liability company (Opening paragraph and Section 1.2.18)

Governing law

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

Special assessments

Permitted under Section 7.3 (Section 1.2.1, Section 7.3)

Reserves & fees

Referenced in Section 7.13 but no amount specified in provided text (Section 7.13)

Pets

Yes (Permitted Pets) (Section 4.6)

Leasing & rentals

Yes, subject to Rules (Section 4.21) (Section 4.21)

Home business

Allowed if not detectable by sight/sound/smell/vibration from outside, conforms to zoning, conducted only within Unit, no solicitation, consistent with residential character and not a nuisance; leasing is not considered a business (Section 4.1)

Signs & flags

Regulated; Declarant may post sales/marketing signs; Section 4.12 (SIGS) generally restricts signs (Section 3.4.1, Section 4.12)

Insurance

Unit owners may obtain their own insurance (Section 8.4) (Section 8.4)

Use restrictions

All Units must be used exclusively for residential purposes (Section 4.1)

Voting & meetings

Each Unit has one vote; total votes equal number of Units (Section 2.8)

Amendments

May be amended as provided in Section 13.5; certain amendments require consent of First Mortgagees (Section 14.2) (Section 13.5, Section 14.2)

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