Los Porticos Condominium

Key facts from Los Porticos Condominium's documents

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

Community type

Condominium (Recitals and Article 1)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Recitals and Section 1.15)

Assessments & dues

Regular Assessments set by Association budget; Board prepares budget and allocates expenses among Units based on Common Expense Liability (Sections 7.1, 7.2)

Reserves & fees

Required as deemed appropriate by Board or by Condominium Documents (Section 7.12 (Reserve Contribution) and )

Pets

Yes, Permitted Pets only: dogs, cats, fish, birds commonly kept as household pets (Section 4.5.1)

Leasing & rentals

Yes, subject to Rules; Section 4.15 Rental of Units (Section 4.15)

Architectural approval

Yes, prior written approval of Board of Directors required for alterations, additions, improvements within a Unit (Section 4.3.2)

Use restrictions

All Units shall be used, improved and devoted exclusively to residential use (Section 4.1)

Voting & meetings

Each Unit has one vote; fractional voting not allowed (Section 2.7)

Amendments

Amendments to Declaration require provisions of Section 13.5; specific procedures for reallocation of Limited Common Elements (Section 2.8.3) (Section 13.5 and Section 2.8.3)

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