Village at Towne Center Condominiums

Key facts from Village at Towne Center Condominiums's documents

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

Community type

condominium (Recital C: 'fee simple condominium proje)

Legal name

Village at Towne Center Condominiums

Developer / declarant

El Lago Road LLC, an Arizona limited liability company (Opening paragraph)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Article 1.1)

Special assessments

Allowed upon affirmative vote of at least 51% of Total Votes of the Association (Section 9.3)

Collections & liens

All assessments plus penalties and interest secured by a lien; enforceable by sale or foreclosure; costs and attorneys' fees included (Section 9.4)

Reserves & fees

Segregated reserve fund for periodic maintenance, repair, replacement of Common Elements and Limited Common Elements maintained by Association (Section 9.8.1)

Pets

Yes, with written permission of Board (Section 6.4)

Leasing & rentals

Yes, with minimum 30-day lease term; lease must be in writing and subject to Declaration, Articles, Bylaws (Section 6.14)

Parking & vehicles

Prohibited (Section 6.6)

Insurance

Association shall obtain insurance; types to be determined (text cut off) (Article 10.1)

Use restrictions

Single-family residential use and incidental residential activities (Section 6.1)

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