Downtown Phoenix Lofts Condominium

Key facts from Downtown Phoenix Lofts Condominium's documents

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

Community type

Condominium (Article 2.0)

Units / lots

31 (Units 101-105, 201-211, 301-311, 401-404) (Article 2.0 (identifying numbers) and Ar)

Governing law

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

Assessments & dues

Not fixed; adopted annually by Board in budget (Article 7.0)

Special assessments

Permitted; procedures and quorum requirements in Article 7.2 and 7.3 (notice and quorum for any action under 7.1 or 7.2) (Article 7.2, 7.3)

Collections & liens

Association has an Assessment Lien per A.R.S. §33-1256; lien secures Assessments, monetary penalties and other charges; collection remedies as provided in Declaration (same manner as Assessments) (Article 1.1(D) and Article 7.4)

Reserves & fees

Budget must include adequate allocation to reserves as part of Common Expense Assessment (Article 7.0(A)(iv))

Pets

Yes, reasonable number of generally recognized house pets allowed; no livestock, poultry, etc. (Article 4.6)

Leasing & rentals

Yes, subject to restrictions (Article 4.18)

Parking & vehicles

Not explicitly addressed; likely no on-street parking within Condominium private property; public streets not under declaration

Fences

Not specifically addressed; would need Board approval if structural or visible from exterior

Architectural approval

Yes, for structural additions, alterations or improvements (Modifications) visible from exterior, or any structural Modifications; nonstructural interior not visible from exterior do not require prior approval but owner liable for damage. A (Article 4.3(A)-(C))

Home business

Permitted in Residential Units subject to conditions (no outside visibility, no increased traffic, no hazardous materials, etc.) (Article 4.0(A))

Signs & flags

Not specifically mentioned; would fall under signs restriction (Article 4.14)

Maintenance

Association maintains roofs (Article 5.0(A)(i)) (Article 5.0(A)(i))

Insurance

Not detailed in excerpt; Article 8 outlines insurance scope (Article 8.0), payment, and owner's insurance (Article 8.2) (Article 8.0, 8.2)

Use restrictions

Residential Units used exclusively for Single Family residential; business allowed if not detectable from outside and other conditions. Ground-floor Units (101-105) may be commercial/retail. (Article 4.0(A)-(D))

Voting & meetings

One vote per Unit; equal allocation among Units (1/31 each) (Article 2.4)

Amendments

Amendments to Declaration as per Article 10.4 and Condominium Act; Declarant may amend during Period of Declarant Control (Art. 1.1(Q)(iii)); amendments require approval as per A.R.S. §33-1222 (referenced in Article 2.1(G) for boundary relo (Articles 10.4, 1.1(Q)(iii), 2.1(G))

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