Kismet Court, Inc

Key facts from Kismet Court, Inc's documents

Reflects the 2006 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Section 1 - multifamily residential dwel)

Legal name

Kismet Court, Inc. Condominium Association

Units / lots

24 lots (Lots 1-24) plus Tract A (Legal description - Tract A and Lots 1 t)

Developer / declarant

Arizona Title Insurance and Trust Company (original) / Association (this document) (Preamble)

Management

Colby Management

Age restriction

At least one permanent resident of any lot shall be 55 years or older; no permanent resident under 18. Permanent resident defined as >90 days in calendar year. (Section 24)

Special assessments

Additional assessment allowed to cover deficiency if insurance proceeds insufficient to repair; also repair charges become lien (Section 12H (last sentence), Section 13)

Collections & liens

Yes, Board may foreclose lien as realty mortgage under Arizona law, including deficiency (Section 17(b))

Pets

One small pet per unit, not exceeding 12 inches at shoulder; no reptiles, livestock, poultry; must be controlled, not defile common areas, not for breeding/commercial (Section 5)

Leasing & rentals

Yes, under rental guidelines established by Board; not for business purposes (Section 19)

Architectural approval

Yes, for exterior additions, alterations, fences, hedges, walls, colors; approval in writing by Board or representative (Section 11)

Home business

Allowed if not detectable from outside, conforms to zoning, no customer visits, no solicitation, consistent with residential character, no advertising signs (Section 4)

Maintenance

Owner's responsibility (Section 12B)

Insurance

Deductible portion of loss assessed to owner(s) of unit that sustained loss; if multiple units, pro rata (Section 12H(b))

Use restrictions

Premises restricted to residential dwellings; no trade or business except as specified (Section 1, Section 4)

Amendments

By majority vote of then owners of lots within the property (Final provisions before Certification)

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