San Simeon Condominiums

Key facts from San Simeon Condominiums's documents

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

Community type

condominium (2.2 Name of Condominium)

Units / lots

352 (2.4)

Developer / declarant

San Simeon Condominiums, LLC, a Delaware limited liability company (opening paragraph)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, 1.16)

Assessments & dues

Regular assessment based on annual budget prepared by Board; allocated equally among units (1/352nd each) (7.1, 7.2, 2.6)

Special assessments

Permitted; levied by Board (7.3)

Collections & liens

Association has Assessment Lien to secure payment of assessments (defined in 1.4); remedies in 7.7 (1.4, 7.7)

Reserves & fees

Reasonable reserves deemed appropriate by Board (1.13(e)); Reserve Contribution mentioned in 7.11 (but text not provided) (1.13(e), 7.11)

Pets

Yes, but only dogs, cats, fish, or small birds commonly kept as household pets (Permitted Pets) (4.5.1)

Leasing & rentals

Not explicitly prohibited; references to lessees and leases exist; but Section 4.14 (Rental of Units) text not provided (4.14 (title only), 1.30, 1.35)

Home business

Permitted if not apparent from outside, conforms to zoning, conducted only in unit, no persons coming to unit, consistent with residential character (4.1(a)-(e))

Use restrictions

All units shall be used exclusively for residential purposes; no trade or business except limited home business meeting conditions (4.1)

Voting & meetings

Each unit has one vote, total votes equal to number of units (2.7)

Amendments

Amendment procedure in Article 13.5 (text not provided); also requires approval of First Mortgagees for certain amendments (12.2). (12.2, 13.5)

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