What are my responsibilities as a condo owner?
As a condo owner in Arizona, you have several important responsibilities that you must fulfill in order to maintain the value of your property and ensure that it remains in good condition. First and foremost, you must pay the monthly dues your homeowners’ association (HOA) sets. The HOA is responsible for making sure all facilities and amenities are taken care of such as lawn care, pest control, and maintaining shared areas and utilities. You must also abide by all the rules and regulations set forth in the HOA’s bylaws. These rules can cover things like noise levels, pet ownership, parking, and other community-related issues. It is your responsibility to take care of the upkeep of the interior of your condo and any improvements you make to it. That means keeping it clean and maintained so it doesn’t damage the value of the other units in the building. You must also comply with local and state laws that apply to condos. This includes any building codes or safety regulations. Finally, as a condo owner you are responsible for maintaining a reasonable level of insurance. This should include general liability, property, and other types of coverage that are specific to your needs. By being responsible for these duties, you can help ensure that your condo remains in good condition and that it retains its value.
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