The Toy Barn on Lone Mountain Condominium

Key facts from The Toy Barn on Lone Mountain Condominium's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Commercial condominium for garage units (non-residential) (Section 2.0: "non-residential commercial)

Legal name

Lone Mountain Garage Condo Association (Section 1.1(G): "Association means 'Lone)

Developer / declarant

Lone Mountain Partners, LLC, an Arizona limited liability company (Opening paragraph, Section 1.1(U))

Governing law

Arizona Condominium Act, A.R.S. §§33-1201 et seq. (Section 1.0)

Special assessments

Special Assessment levied per Section 7.2 for capital improvements or other lawful purposes. (Section 1.1(XX))

Reserves & fees

Transfer Fee as described in Section 7.13 is payable upon voluntary transfer of a Garage Unit. (Section 1.1(RR) (reference to Transfer F)

Leasing & rentals

Yes, leasing is permitted (Lessee defined, use of Common Elements by Lessee in Section 3.2(B)). Leasing provisions in Section 4.16 (not provided in text). (Section 1.1(EE) definition; Section 3.2()

Voting & meetings

Each Garage Unit has one vote; total votes initially 54, increased if additional units added (Section 2.4: "the votes shall be allocat)

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