Pinnacle Center

Key facts from Pinnacle Center's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Commercial (general commercial uses, including hotel, restaurant, office, retail, etc.) (Article V, Section 5.1)

Units / lots

5 Lots (Article I, Section 1.1)

Developer / declarant

Pinnacle Campus, LLC, a South Carolina limited liability company (Article I, Section 1.1; Article II, Sect)

Assessments & dues

Pro rata share of expenses incurred by the Association, calculated by dividing gross square footage of Lot by gross square footage of Property (Article VI, Section 6.7.B)

Special assessments

Board may implement special assessments based on projected costs and expenses in connection with Common Property; secured by lien (Article VI, Section 6.7.C)

Collections & liens

Unpaid assessments plus interest and costs constitute a lien on the Lot, superior except for property taxes and first deeds of trust; lien may be foreclosed like a deed of trust under Arizona law; Lien Notice recorded after 30-day notice; p (Article VIII, Section 8.3)

Reserves & fees

Interest at 18% per annum on unpaid assessments after 30 days from notice (Article VIII, Section 8.3)

Leasing & rentals

Presumably allowed (commercial); no express prohibition; tenants are defined (Article II, Section 2.2.G)

Parking & vehicles

Not permitted (Article VI, Section 6.3)

Fences

Fences/walls must be included in landscaping plan approved by ARC (Article VI, Section 6.6.A)

Architectural approval

Yes, for all improvements, landscaping, signs, parking, etc. (Article VII, Section 7.2; Article VI, Se)

Signs & flags

Flagpoles included in height restrictions (no building appurtenance exceeding 10 feet above finished roof without ARC approval) (Article VI, Section 6.10)

Setbacks / home size

Buildings must comply with City of Phoenix setback requirements; variations allowed with ARC and City approval; not intended to impose along common boundaries if contiguous lots combined with City approval (Article VI, Section 6.2)

Maintenance

Not explicitly assigned; owner responsible for improvements on Lot (Article VI, Section 6.7.A)

Insurance

Not detailed

Voting & meetings

Each Lot shall have one vote in the Association (Article II, Section 2.2.A)

Amendments

May be terminated, extended, modified, or amended with written consent of Owners of 75% of Property; during initial 25-year term, Declarant's written approval also required (Article X, Section 10.2)

Amenities

Not specifically listed; Common Property may include entrance monuments, signs, lighting, open space, but no pool, clubhouse, gym, etc. (Article II, Section 2.2.B)

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