Aerium Townhomes

Key facts from Aerium Townhomes's documents

Reflects the 2015 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Title)

Developer / declarant

Aerium, LLC, an Arizona limited liability company (Recitals; Article 1, Section 1.20)

Governing law

Arizona Condominium Act, A.R.S. §33-1201, et seq. (Article 1, Section 1.17)

Special assessments

May be levied by Board (without owner vote if needed for emergency or as provided in Declaration) (Article 7, Section 7.3)

Reserves & fees

Fee payable upon sale or transfer of a Unit (amount not specified) (Article 7, Section 7.13)

Signs & flags

Signs are restricted (detailed text not provided); Declarant has right to post signs on Common Elements during marketing (Article 4, Section 4.11; Article 3, Sect)

Use restrictions

All Units must be used exclusively for residential purposes by a Single Family (Article 4, Section 4.1)

Voting & meetings

Each Unit has one vote; total votes equal number of Units (Article 2, Section 2.7)

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