Monterey Ridge Condominium

Key facts from Monterey Ridge Condominium's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Article 2.2 Name of Condominium)

Units / lots

189 (maximum after full annexation) (Section 2.4: 'there shall be 189 Units, )

Governing law

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

Assessments & dues

Not set in Declaration; to be established by budget (Section 7.1) (Section 7.1)

Special assessments

Permitted under Article 7.3 (Section 7.3)

Collections & liens

Association has Assessment Lien under Condominium Act and may enforce nonpayment via lien and foreclosure (Section 7.4 (Effect of Nonpayment of Ass)

Reserves & fees

Mentioned in Table of Contents as Section 7.13 'RESERVES'; full text not provided (Table of Contents shows '7.13 RESERVES')

Pets

Section 4.7 Animals exists; full text not provided (Table of Contents shows Section 4.7 Anim)

Leasing & rentals

Yes, with restrictions (Section 4.19 Rental of Units; No Timeshares) (Section 4.19)

Parking & vehicles

Private streets are Common Elements; likely regulated by Association rules (Section 3.12 (Private Streets))

Fences

Not explicitly; exterior components of buildings are Common Elements, fences are likely part of Common Elements (Section 2.6 includes fences as Common Elements) (Section 2.6 (fences listed in Common Ele)

Architectural approval

Yes, for structural additions/alterations, exterior visible changes, and any improvements to Common Elements (Section 4.4; Architectural Committee per 6.7) (Section 4.4.1, 4.4.2)

Home business

Permitted with restrictions: not visible/detectable, conform to zoning, no more than one non-resident employee, no solicitation, not a nuisance (Section 4.1)

Signs & flags

Regulated under Section 4.15 (Signs and Flags); full text not provided but Declarant may maintain advertising signs during marketing (Section 3.4.1) (Section 4.15 (Table of Contents); Sectio)

Maintenance

Roofs are Common Elements (Section 2.5.7); therefore responsibility of Association (Section 2.5.7 (structural parts, roofs a)

Insurance

Association shall obtain property insurance covering Common Elements and Units (Section 8.1) and liability insurance (Section 8.1); full details not provided (Section 8.1)

Use restrictions

All Units used exclusively for residential use by a Single Family (Section 4.1)

Voting & meetings

Each unit has one vote; during Period of Declarant Control, Declarant has three votes per unit owned (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.