§ 33-1211 Creation of condominium
§ 33-1212 Unit boundaries
§ 33-1213 Construction and validity of declaration and bylaws
§ 33-1214 Description of units
§ 33-1215 Contents of declaration
§ 33-1216 Leasehold condominiums
§ 33-1217 Allocation of common element interests, votes and common expense liabilities
§ 33-1218 Limited common elements
§ 33-1219 Plat
§ 33-1220 Exercise of development rights
§ 33-1221 Alterations of units
§ 33-1222 Relocation of boundaries between adjoining units
§ 33-1223 Subdivision of units
§ 33-1224 Easement for encroachments
§ 33-1225 Use for sale purposes
§ 33-1226 Easement to facilitate exercise of special declarant rights
§ 33-1227 Amendment of declaration
§ 33-1228 Termination of condominium
§ 33-1229 Rights of secured lenders
§ 33-1230 Merger or consolidation of condominiums
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Terms Used In Arizona Laws > Title 33 > Chapter 9 > Article 2 - Creation, Alteration and Termination of Condominiums

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Minor: means a person under eighteen years of age. See Arizona Laws 1-215
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Process: means a citation, writ or summons issued in the course of judicial proceedings. See Arizona Laws 1-215
  • Property: includes both real and personal property. See Arizona Laws 1-215
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Tenancy in common: A type of property ownership in which two or more individuals have an undivided interest in property. At the death of one tenant in common, his (her) fractional percentage of ownership in the property passes to the decedent
  • Trustee: A person or institution holding and administering property in trust.
  • Writing: includes printing. See Arizona Laws 1-215