The Helm Drive Business Condominiums

Key facts from The Helm Drive Business Condominiums's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Office Condominium (non-residential) (Article 4.0)

Units / lots

14 (Units 1001-1008 and 2001-2006) (Article 2.0)

Developer / declarant

HELM CONDO L.L.C. (Preamble)

Governing law

Arizona Condominium Act, A.R.S. §§33-1201 et seq. (Section 1.0)

Assessments & dues

Board adopts annual budget; Common Expense Assessment allocated per Unit's Common Expense Liability (square footage proportion). (Sections 2.3, 7.0, 7.1)

Special assessments

Must be approved by 2/3 of votes and by Declarant while he owns Units. (Section 7.2)

Collections & liens

Assessment Lien secures all assessments, penalties, etc.; priority subordinate to tax liens and first mortgages; Association may foreclose. (Sections 7.5, 7.6)

Reserves & fees

Budget must include allocation to reserves; surplus may be returned or credited. (Sections 7.0(A), 7.11)

Pets

Only assistance animals for disabled persons. (Section 4.6)

Leasing & rentals

Yes, subject to conditions: written lease, copy to Association, occupant info, liability for lessee violations. (Section 4.16)

Parking & vehicles

Prohibited. Vehicles covered or not moved weekly are deemed stored/inoperable. (Section 4.10)

Architectural approval

Yes for structural modifications and any modification visible from exterior; nonstructural interior not affecting mechanical systems may be done without approval. (Section 4.3(A)-(D))

Maintenance

Association. (Section 5.0(A)(ii))

Voting & meetings

Class A: 1 vote per unit; Class B (Declarant): 14 votes per unit until conversion. (Section 2.4)

Amendments

Referenced in TOC as Section 12.4; not provided in text. (Table of Contents)

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