4020 Scottsdale, Old Town Lofts

Key facts from 4020 Scottsdale, Old Town Lofts's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Title and throughout)

Legal name

4020 Scottsdale, Old Town Lofts Condominium Association (Section 2.3)

Developer / declarant

1 Ave. Scottsdale, LLC, an Arizona limited liability company (Introduction, Page 5)

Governing law

Arizona Condominium Act, A.R.S. §33-1201 et seq. (Article 1, definition of 'Condominium Ac)

Assessments & dues

Regular Assessments determined by Board based on budget (Section 7.2, Page 31)

Special assessments

Permitted (Section 7.3) (Table of Contents, Article 7 heading and)

Collections & liens

Yes, Assessment Lien under Condominium Act and Declaration (Definition 1.4, Section 7.7)

Reserves & fees

Reserves deemed appropriate by Board or required by Condominium Documents (Section 1.12(e), Page 8)

Pets

Yes, limited to Permitted Pets: dogs, cats, fish, small birds (Section 4.6.1)

Leasing & rentals

Yes, with restrictions (Section 4.12, Page 25)

Parking & vehicles

Underground parking garage with Parking Spaces allocated per Project CC&Rs (Section 1.34, 3.4.2)

Architectural approval

Yes, for alterations visible from exterior or affecting Common Elements (Section 4.3.1, 4.3.2, 4.3.3, Pages 20-22)

Home business

Permitted if not detectable and no customers coming to unit (Section 4.1, Page 20)

Signs & flags

Not specifically mentioned, but signs restriction likely applies (Section 4.8)

Setbacks / home size

Three stories (Introduction, Page 5)

Maintenance

Not explicitly stated; Association maintains Common Elements, roof likely common element (Section 5.1, Page 27)

Insurance

Association required to maintain property insurance on Common Elements and Units? Article 8 (Article 8, Page 38)

Use restrictions

Yes, all units exclusively residential (Section 4.1, Page 20)

Voting & meetings

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

Amendments

Amendment addressed in Section 13.5 (Table of Contents, Section 13.5)

Amenities

Underground parking garage; Building third floor? No pool/clubhouse mentioned in text (Limited details; parking mentioned in Se)

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