Stetson Canal Condominium

Key facts from Stetson Canal Condominium's documents

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

Legal name

The Stetson Canal Condominium Owners' Association (Recitals D, Section 1.5, 2.3)

Units / lots

Not explicitly stated; includes Office, Retail, Restaurant, and Mixed Use Units; see Condominium Plat (Sections 1.48, 3.1, 4.1(F), Exhibit F, P)

Governing law

Arizona Condominium Act, A.R.S. §§ 33-1201 et seq. (Recitals C, Section 2.2)

Reserves & fees

Common Expenses include establishing and maintaining reserve funds as provided in Section 10.2 (Section 1.12, 10.2)

Leasing & rentals

Not explicitly addressed; all leases require approval, which may be withheld (Section 4.13)

Voting & meetings

Each Unit Owner is a Member; voting per Unit; certain amendments require 51% of Unit Owners approval (Sections 1.27, 8.3(B), 9.2)

Amendments

Amendments to Declaration may be made by written instrument; certain amendments (e.g., re-designation of Units) require 51% Unit Owner approval or subsequent Board approval; Developer may amend during Period of Developer Control (Sections 4.1(F), 8.3(B), 17.6)

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