Skyline Ridge at the Preserve Condominiums

Key facts from Skyline Ridge at the Preserve Condominiums's documents

Reflects the 2001 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title 'CONDOMINIUM DECLARATION')

Legal name

Skyline Ridge At The Preserve Condominiums

Developer / declarant

Cambridge Homes, L.L.C., an Arizona limited liability company (Preamble)

Governing law

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

Assessments & dues

Board adopts budget and Common Expense Assessment is set based on the budget, subject to 20% increase limit without 51% vote. (Sections 7.1, 7.2.1)

Special assessments

Requires approval of Unit Owners representing two-thirds (2/3) of votes, except for assessments under Section 9.1. (Section 7.3)

Collections & liens

Assessment Lien secures all Assessments; Association may foreclose like a realty mortgage. (Sections 7.4.2, 7.4.3)

Reserves & fees

After Period of Declarant Control, Assessments include reasonable reserves for future maintenance; separate bank account; reserve study every 3 years. (Section 7.12)

Pets

Yes, but only Permitted Pets (dog, cat, or household bird). (Section 4.7)

Leasing & rentals

Yes, but entire Unit only; no subleasing. (Section 4.20)

Parking & vehicles

Trucks, mobile homes, travel trailers, tent trailers, trailers, campers, recreational vehicles, boats, boat trailers prohibited on Condominium except in garages which are part of Units. (Section 4.12)

Architectural approval

Prior written approval of Board required for structural additions/alterations/improvements within Dwelling, any addition visible from exterior, and any improvement to Common Elements. (Section 4.4)

Home business

Allowed within Dwelling if not detectable from outside, conforms to zoning, no coming to the Unit or solicitation, and consistent with residential character. (Section 4.1)

Signs & flags

Only 'For Sale' or 'For Rent' signs and name/address signs not exceeding 18 x 30 inches adjacent to Unit; other signs require Board approval. (Section 4.15)

Maintenance

Association maintains, repairs, replaces all Common Elements (except limited common elements owner is obligated to maintain). Owner maintains own Unit and limited common elements allocated to it. (Sections 5.1, 5.2)

Insurance

Blanket property insurance (replacement cost), commercial general liability (minimum $1,000,000), workers' compensation, employer's liability, directors' and officers' liability (minimum $1,000,000), and other insurance as determined. (Section 8.1.1)

Use restrictions

All Units shall be used exclusively for residential purposes. (Section 4.1)

Voting & meetings

Each Unit has one vote. (Section 2.8)

Amendments

During Period of Declarant Control, Declarant may amend to comply with law or correct errors; after that, amendment procedure per Condominium Act. (Sections 1.2.17(c), 12.5)

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