Fernwood Court Condominium

Key facts from Fernwood Court Condominium's documents

Reflects the 2010 governing documents — figures and rules are as originally recorded and may have changed since.

Developer / declarant

Fernwood Developments (USA) Ltd., LLC, an Arizona limited liability company (Introductory paragraph)

Governing law

Arizona Condominium Act (A.R.S. §33-1201 et seq.) (Section 1.16)

Reserves & fees

Reasonable reserves as deemed appropriate by the Board or required by the Condominium Documents (Section 1.12(e))

Pets

Yes, maximum of two Permitted Pets (dogs, cats, fish, small birds) per Unit (Section 4.7)

Leasing & rentals

Yes, with minimum lease term of 6 months; no subleasing or assignment of leases (Section 4.17)

Architectural approval

Structural additions, alterations or improvements require prior written Board approval; also any change visible from exterior requires Board approval (Section 4.3.1, 4.3.2)

Use restrictions

All Units shall be used, improved and devoted exclusively to residential use (Section 4.1)

Voting & meetings

Each Unit Owner (Class A) gets one vote per unit; Declarant (Class B) three votes per unit during Period of Declarant Control, then one vote per unit; joint owners considered one Member; votes cannot be split (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.