Village Sereno Condominiums

Key facts from Village Sereno Condominiums's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article 1 Definitions (M) "Condominium" )

Legal name

Village Sereno Condominiums

Developer / declarant

Village Sereno LLC, an Arizona limited liability company (Recitals, p.1)

Governing law

Arizona Condominium Act, A.R.S. §§33-1201 et seq. (Recitals, p.2; Article 1 §1.0)

Special assessments

May be levied for capital improvement or other lawful purpose, but must be approved by Unit Owners representing 2/3 of votes cast in person or by proxy at a meeting, and by Declarant during Period of Declarant Control. Unless Board specifie (§7.2)

Collections & liens

All assessments, monetary penalties, and other charges are secured by an Assessment Lien under A.R.S. §33-1256. Recording of this Declaration constitutes record notice and perfection; no further recordation required. (§7.4(B))

Reserves & fees

Budget must include adequate allocation to reserves as part of the Common Expense Assessment. (§7.0(A))

Pets

Yes, a reasonable number of generally recognized house pets, kept solely as domestic pets within a Unit and its allocated Limited Common Elements. (§4.6)

Leasing & rentals

Yes, but a Unit Owner may not lease less than his entire Unit. (§4.18)

Parking & vehicles

Commercial Vehicles (including trucks other than Family Vehicle trucks, mobile homes, motor homes, trailers, recreational vehicles, boats, etc.) may not be parked on any part of the Condominium except inside the garages comprising part of t (§4.12)

Architectural approval

Prior written approval of the Board required for structural additions, alterations, or improvements within a Unit; also required for any alteration visible from the exterior, even if nonstructural. Nonstructural, non-visible alterations do (§4.3(A), (C))

Home business

Business activity allowed within a Unit if not detectable from outside, conforms to zoning, does not involve person coming to the Unit or door-to-door solicitation, no more than one non-resident employee, does not generate excessive traffic (§4.0)

Maintenance

Association maintains Common Elements (including building exteriors and roofs, private streets, sidewalks, landscaping, lighting, recreational areas, perimeter fences and entry gates). Unit Owners maintain their Units and specified Limited (§5.0, §5.1)

Insurance

Article 8 (Insurance) indicates Association shall obtain insurance; scope is not fully visible but includes payment of premiums, proceeds, and certificates. No specific coverage amounts given. (§8.0, §8.1, §8.4)

Use restrictions

All Units and Limited Common Elements shall be used exclusively for residential use by a Single Family. (§4.0)

Voting & meetings

Each Unit has one vote. (§2.4)

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