Viviendas Del Oro

Key facts from Viviendas Del Oro's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title)

Developer / declarant

LNM Properties, Inc., an Arizona corporation (Opening paragraph)

Governing law

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

Special assessments

Permitted under Section 7.3. (Section 7.3)

Collections & liens

Association has Assessment Lien under Condominium Act; may foreclose for nonpayment. (Section 7.7)

Reserves & fees

Board may establish reserve funds for capital expenditures and deferred maintenance. (Section 7.13)

Pets

Yes, as 'Permitted Pet' (dog, cat, fish, small bird commonly kept as household pet). (Section 4.5.1)

Leasing & rentals

Yes (Section 4.14 exists; content not fully legible). Leasing not considered a trade or business. (Sections 4.1, 4.14 (table of contents))

Parking & vehicles

Only Authorized Vehicles (designed primarily for non-retail passenger transport) allowed; pickup trucks under one ton allowed. (Section 4.7.1)

Architectural approval

Board of Directors must approve alterations or improvements to Units or Common Elements. (Section 4.3)

Home business

Permitted if not detectable from outside, conforms to zoning, conducted solely in Unit, no door-to-door solicitation, consistent with residential character. (Section 4.1)

Use restrictions

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

Voting & meetings

Each Unit has one vote; total votes equal number of Units. (Section 2.7)

Amendments

Declaration may be amended by vote of 67% of Unit Owners, subject to mortgagee approval. (Section 13.5)

Amenities

Recreational amenities exist (not specified); clubhouse mentioned. Association may adopt rules. (Sections 3.3.2, 3.4.4)

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