Mirage Crossing Office Condominiums

Key facts from Mirage Crossing Office Condominiums's documents

Reflects the 2002 governing documents — figures and rules are as originally recorded and may have changed since.

Legal name

Mirage Office Crossing Condominium Association (Article 2, Section 2.3)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, Section 1.1)

Assessments & dues

Board adopts budget; total Common Expenses assessed proportionally to each unit's Common Expense Liability (floor area). Assessments can be increased during year if funds inadequate. (Article 7, Sections 7.1, 7.2)

Collections & liens

Assessment Lien secures unpaid assessments, penalties, charges. Association may foreclose like a mortgage. (Article 7, Section 7.4(b),(c))

Reserves & fees

Budget includes amounts for general operating reserves, contingencies, and replacements. (Article 7, Section 7.1(a)(iv))

Leasing & rentals

Yes, with written lease that complies with Condominium Documents; owner must notify Association of lease dates and occupant names. (Article 4, Section 4.17)

Voting & meetings

Each unit has votes equal to its floor area in square feet. (Article 2, Section 2.7)

Amendments

Amendment requires vote of at least 67% of votes allocated to Unit Owners, except certain amendments by Declarant or Association as permitted by Condominium Act. (Article 10, Section 10.5(a))

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