Belaflora Condominiums

Key facts from Belaflora Condominiums's documents

Community type

Condominium (Title and Background)

Units / lots

185 (Section 1.18 (Fractional Interest 1/185 )

Developer / declarant

Belaflora Partners LLC, a Delaware limited liability company (Section 1.15)

Governing law

Arizona Condominium Act (A.R.S. §§ 33-1201 through 33-1270) (Section 1.01)

Assessments & dues

Initial determined by Board; thereafter subject to Permitted Percentage Increase (Section 4.03)

Collections & liens

Unpaid assessments constitute a continuing lien on the Unit; Association may foreclose like a mortgage; lien automatically subordinated to first mortgages (Sections 4.01, 4.07, 4.08)

Reserves & fees

Annual assessment may include reserve fund for taxes, insurance, maintenance, repairs; working capital 70% to reserve (Section 4.02(b), 4.10)

Pets

Yes, but Association may limit number and type of pets that use Common Elements (Section 2.04(a))

Parking & vehicles

Each Unit entitled to one covered parking space as Limited Common Element; open spaces first-come, first-served (Section 2.06)

Architectural approval

Yes, for any structural or exterior addition, change, or alteration to any Building, Unit, or Limited Common Elements (Section 7.01(a))

Home business

Allowed if minimal portion, not apparent from outside, no employees, etc. (Section 8.02)

Signs & flags

Restricted; only Declarant sales signs, one for sale/rent sign approved by Architectural Committee, legal signs, and approved signs. Religious/holiday decorations allowed with reasonable restrictions. (Section 8.03)

Maintenance

Association: Common Elements (including exterior/structural of Buildings, amenities). Owner: Unit interior, certain Limited Common Elements (patio/balcony, windows, HVAC, etc.) (Section 5.01, 5.03)

Insurance

Comprehensive general liability insurance and property hazard insurance covering Common Elements (Section 6.02(a) and (b))

Use restrictions

Single Family Residential Use (Section 1.34)

Voting & meetings

Class A (all Owners except Declarant): 1 vote per Unit. Class B (Declarant): 3 votes per Unit owned until conversion. Joint owners counted as one Member; votes cannot be split. (Section 3.02)

Amenities

Pool, spa, gazebo, barbeques, clubhouse, recreational amenities as Improvements (Sections 1.09, 1.19)

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