This form is a Master Deed. This Master Deed is executed by a developer pursuant to the provisions of the Condominium Act. The deed contains a legal description of the project and the responsibilities of the co-owner.
Condominium Common Element For Sale In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00454
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Word;
Rich Text
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FAQ
However, certain changes, such as new constructions or additions, parcel splits or consolidations, or changes to a property's use trigger a reassessment of the LPV.
Arizona allows a $4,748 Assessed Value property exemption to Arizona resident property owners qualifying as a widow/widower, or a person with total and permanent disability, or a veteran with a service or non-service connected disability.
The LPV is established by what is called a “Rule B” ratio. The Rule B ratio is the ratio of the average LPV to the average FCV for similar properties in the same classification throughout the county. Rule B ratios vary by county, by class of property, and by tax year.
Under A.R.S. 42-13301 the LPV is the limited property value of the property in the preceding valuation year plus five percent of that value.
Property classified as Legal Class 4.1 is not listed as a registered rental but still does not receive the State Aid to Education Tax Credit. An example of a property in Legal Class 4.1 is a secondary home.
In the Rule 11 process, the Court orders two Mental Health Experts to meet with the defendant, conduct competency evaluations, review records, and render opinions on the legal competency status of the defendant in reports submitted to the Court.
Building permits are required for all structures with the exception of a structure that is less than 200 square feet with no electrical, plumbing or mechanical.
A townhouse owner will never have an owner above or below them. Townhouse owners will often times have a neighbor that shares a common wall. Townhouses in Arizona are often referred to as 'Patio Homes'.
Townhouses have multiple stories in most cases and the neighbors are on each side. iniums are horizontal spaces. That's nice but your lender and bank have a different criteria. They rely on the county assessor to determine the type of property associated with an address.
The property owner must be 65 or older. Property must be the owner's primary residence. Owner must have resided in the residence for at least two years. Property owner's annual income must be under $35,184 if one owner or under $43,980 if there are two or more owners.