Campa-Loma Condominium

Key facts from Campa-Loma Condominium's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium as defined in U.S. Uniform Condominium Act and Arizona Condominium Act (Section 1)

Legal name

Campa-Loma Condominium Association

Developer / declarant

Arizona Title Insurance and Trust Company, a corporation, as Trustee (Preamble, page 2)

Governing law

U.S. Uniform Condominium Act and Arizona Condominium Act (Section 1)

Age restriction

At least one permanent resident of any unit shall be 55 years of age or older; no permanent resident under age 18 (Section 5)

Assessments & dues

Monthly assessments for Association operations prorated on size of units based on total square footage of building floor plan; assessments for maintenance of major common elements (e.g., roofs and painting) prorated equally among total numb (Section 4)

Special assessments

Board may levy additional assessment in proportionate amounts per unit if insurance proceeds are insufficient to repair or replace loss or damage (Section 14G)

Collections & liens

Board has lien against owner's interest to secure performance; lien may be foreclosed in same manner as a realty mortgage; lien is subordinate to any bona fide institutional mortgage; any redemption still subject to lien for future defaults (Section 20)

Reserves & fees

Board shall create an assessment fund into which all sums collected by assessments or otherwise are placed, used for purposes set forth (Section 14L)

Pets

Dogs and cats allowed but must be confined to owner's lot and not permitted to run free; all other livestock and poultry prohibited (Section 10)

Leasing & rentals

Leasing prohibited for business, speculative investment, or similar purpose; leases entered into prior to recordation of Revision 2 may continue until expiration; Board may permit leasing for a reasonable time for hardship due to death, tra (Section 21B)

Voting & meetings

Each unit constitutes one voting unit; owners of each unit are entitled to one vote among them regardless of number of grantees (Section 13C)

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