Main St. Plaza Scottsdale

Key facts from Main St. Plaza Scottsdale's documents

Reflects the 2004 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Main St. Plaza Scottsdale

Governing law

Arizona Condominium Act (A.R.S. §33-1201 et seq.) for condominiums; Arizona Revised Statutes §33-1802 for planned communities (§1.19, §1.50)

Assessments & dues

Board adopts budget at least 30 days before assessment period; Regular Assessment = (total Memberships for parcel/lot/unit) × (total Master Association Expenses divided by total Memberships); budget includes contributions to reserves (§4.2, page 18)

Special assessments

Allowed for construction, reconstruction, repair, replacement of Common Area improvements, or unbudgeted expenses; levied per membership similar to Regular Assessment (§4.3, page 19)

Collections & liens

Master Association has assessment lien on each parcel/lot/condominium unit; can record Notice of Lien after demand and 10-day cure period; lien has priority except for pre-recorded liens, real estate taxes, and first mortgages; foreclosure (§4.9, pages 20-21)

Reserves & fees

Board must establish reserves for major common area components; separate Reserve Account; reserve study required at least every 3 years; study must identify components, remaining useful life, cost estimates, and annual contribution (§4.13, pages 22-23)

Leasing & rentals

Lessee defined; no specific restrictions on leasing, minimum term, short-term rentals in extracted text (§1.30, §1.45)

Parking & vehicles

Surface Parking Facilities defined; regulations set by Master Association Rules (§3.7). Specific restrictions on street, commercial, RV not provided. (§1.64, §3.7(a))

Architectural approval

Yes, for any Construction or Modification; Design Review Committee (DRC) approval required; DRC initially appointed by Declarant, later by Board; DRC may adopt Design Guidelines (§7.1, §7.2)

Signs & flags

Main St. Plaza Scottsdale Signs, Project Signs, and signs subject to Design Review; prohibitions on signs not defined in scope; Section 7 references signs but not fully extracted (§1.37, §1.59, Article 7 heading)

Maintenance

Master Association: Common Areas, including landscaping, walkways, Surface Parking Facilities, etc. (§5.1, §6.1). Subsidiary Associations: common elements of their projects (§6.2). Owners: their Units and Lots (§6.4). (§5.1, §6.1, §6.2, §6.4)

Use restrictions

Section 7.14 titled 'Nuisances; Objectionable Activities' but text not provided (Article 7 table of contents, page 2)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – one vote per Membership; Class B (Declarant) – 600 votes minus votes held by Class A; Class B ends when Declarant no longer owns or holds option or voluntarily relinquishes (§3.6, page 16)

Amendments

Amendments per Article 10.3 (not fully extracted); Supplemental Declarations amendment requires 67% vote of Owners within area, plus Master Association approval; certain changes require 2/3 of affected Benefited Property Assessment Area (§2.4, page 12)

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