SCOTTSDALE SHADOWS ARIZONA

Resort Style Condominium Living In The Heart Of Scottsdale

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SOME FREQUENTLY ASKED QUESTIONS FOR PROSPECTIVE PURCHASERS
    
All of the Units in our Community are privately owned, inasmuch as this is a high rise condominium community. Our staff does not get involved in the sale of the Units and any one wishing to purchase must deal directly with the Seller of the Unit or a Broker. This Website contains a great deal of information pertaining to the Community and most of your questions will be answered by browsing through the various pages of the site. In addition to the FYI section of the site where many questions are answered, the following represent the most frequent inquiries about ownership in the Shadows.

 

     1.   IS SCOTTSDALE SHADOWS AN AGE RESTRICTED COMMUNITY?

                It is not age restricted. The only restrictions connected to age are those that     
                   require any person under the age of 16 years be accompanied by an adult to use
                   any of the amenities (golf course, pools, shop, etc.), and that to use the workout
                   rooms you must be 18 or accompanied by an adult.

     2.    WHAT IS INCLUDED IN THE MONTHLY MAINTENANCE FEES?
                   The monthly maintenance fees include air conditioning, heat, water, garbage pickup
                   and the use of the amenities. It does not include the cost for plug-ins (anything that
                   you plug into a socket in your unit). In addition, there is an air handler in each unit and
                   you pay for the electricity consumed by the air handler (basically a series of blower
                   motors). These are billed separately by APS. The electric bill you receive is relatively
                   low because of what is included in the maintenance fees.

     3.     WHAT ARE THE AMENITIES AVAILABLE AT THE SHADOWS?
                   a. A 9 hole (par 3) executive Golf Course- no tee times required
                   b. 2 Tennis Courts
                   c. 3 swimming pools, 1, 2 and 3 (Pool 3 enclosed in a retractible building)
                   d. Jacuzzis at pool 1 and 3
                   e. Barbecues at all 3 pools
                   f. Men's and Woman's workout rooms (each with sauna and showers) Non Co-Ed
                   g. Art Room
                   h. Ceramics room with kiln
                   i. Wood Shop
                   j. Library with computers (internet accessible) wireless network in immediate area of library
                   k.Card Rooms
                   l. Lounge with 62" DLP TV and 100" projection system (serves as meeeting rooms as well
                  m.Navajo room with 2 pool tables, ping pong table, TV and sound system (serves as 
                     meeting room)
                  n. Monday, Wednesday, Friday Bus (see schedule under activities section)
                  o. Regularly scheduled and special activities
                  p. Other amenities and programs

     4. HOW ARE MONTHLY MAINTENANCE FEES DETERMINED?
            There are 7 Regimes (HOA's) in Scottsdale Shadows. Each Regime is a separate not-for-profit
            HOA. Each has its own Board of Directors that goverms that Regime. RCI (not the time share
            company) owns all of the common areas (tennis courts, golf course, pools, roadway, etc) and
            acts as the management company to each of the Regimes. RCI has a budget that is paid for
            proportionately by the Regimes in accordance with the Regime's percentage of ownership in the
            Community, and each of the Regimes has its own budget. The combined RCI and Regime budgets
            conbstitute the annual budget for that Regime. The maintenance fees for each unit represent
            that unit owner's proportionate share of the Regime budget for that year, based upon the
            owner's percentage of ownership in that Regime.

     5. ARE THE MAINTENANCE FEES HIGH IN RELATION TO OTHER HOA'S OR RENTAL COMMUNITIES?
           No they are not when you consider what they include (as stated above) and the nature of the
           community. There is no other community that offers the combination of amenities offered at
           the Shadows. Even without these amenities, if you extract from thre total monthly fee, the
           sums included for air conditioning, heat, water and garbage pickup you will find that the
           maintenance fees are quite low for a community of this nature and compare favorably with not
           only other HOA's that offer very little but also with rentals in rental communities.

     6. ARE THE REGIMES QUALIFIED FOR FHA, FREDDIE MAC OR FANNIE MAE FINANCING?
           You will have tro call your broker to determine if the Regime is so qualified.

     7. WHAT ABOUT STORAGE OPTIONS?
          Storage facilities in the Regime buildings are owned by the Regimes and constitute
          Common Elements. They are assigned by the Regime and do not get transferred with the
          sale of the property. Technically they revert back to the Regime for re-assignment. Some
          Regimes provide a storage unit with each residential unit, however your broker should
          inquire about the unit you may be considering purchasing.

     8. WHAT IS THE IMPOUND FEE (6 Month Maintenance Fee Deposit)?
          Every new owner must maintain on deposit, until that owner sells the Unit, an amount
          equivalent to 6 months current maintenance fees (the monthly fee at the time of purchase).
          This fee is returned when you sell your unit and represents an adjustment at closing. This
          Impound Fee is required by all Regimes and may not be waived.

     9.  DO THE VARIOUS REGIMES HAVE DIFFERENT RULES AND FEES?
          The answer is YES. There are RCI rules and regulations that govern the entire community
          and then there are specific Regime Rules and Regulations. Each Regime is governed by its
          own set of documents including Certificate of Incorporation, CC&R's, By-Laws, Rules and
          Regulations and amendments. You should familiarize yourself with the content of these
          documents (all of which appear on this website under this menu tab-merely scroll down
          to the information for the particular Regime).

     10. WHAT MUST I DO TO MOVE INTO THE COMMUNITY AFTER I CLOSE TITLE?
          No One is allowed into the community without proper authorization. See Move-Ins
          and Move-Outs below (item 15).

     11. MAY I RENT MY UNIT?
          You may rent your unit, however each Reghme has different rules and fees that apply
          to rentals, so familiarize yourself with the rules and fees that will apply to you.

     12. ARE PETS ALLOWED?
          Once again there are some Regimes that allow pets, others that do not, and some under
          certain conditions. If you have any questions about pets, ask your broker to find out
          the answer from the Regime President or Administrator.

     13. ARE THERE WASHERS AND DRYERS IN THE UNITS?
          The newer buildings 29-33, have washers and dryers in most units, however 21-26 do
          not permit washers and dryers unless they have already been legally grandfathered in.
         The reason for this is that the slightly older buildings were neither plumbed nor vented for
         washers and dryers. There are, however washers and dryers on the 2nd and 5th floors of
         the buildings. Regime II (bldgs. 22 & 23) do not permit washers or dryers under any
         conditions. If they are in a Unit they will have to be removed.

     14. DO YOU PROVIDE CABLE AND INTERNET ACCESS?
          Cable and internet access are available but you must make your own arrangements with
          Cox or Dish Network (if you face south), for service activation and connection and thiis,
          including the monthly fees are at your cost and expense. The Regime does not provide
          these services.

     15. WHAT ARE THE REQUIREMENTS FOR MOVE-INS AND OUTS AND DELIVERIES?
           If you have closed title you may not move in until our Registration and Records
           Department has a copy of the deed, together with any and all fees that may be required
           by the particular Regime. Each Regime has different fees pertaining to moves. All Reqimes
           require a refundable security deposit for damge sustained by the Regime during such move.
           The fee will be refunded after an inspection is made subsequent to the move and no damage
           is found. There are other associated fees depending upon the Regime. ALL SUCH FEES MUST
           BE PAID OR DEPOSITS MADE BEFORE THE MOVE (THIS APPLIES AS WELL TO MOVE-OUTS)
           SUCH FEES ARE TO BE DEPOSITED AT LEAST 48 HOURS IN ADVANCE OF THE MOVE WITH THE
           REGISTRATION AND RECORDS DEPARTMENT. THERE ARE NO MOVES ON SUNDAYS OR HOLIDAYS
           AND ANY MOVE MUST BEGIN NO EARLIER THAN 8:00am AND END NO LATER THAN 7:00PM. THIS
           ALSO HOLDS TRUE FOR DELIVERIES OF LARGE ITEMS WHERE THE ELEVATORS MUST BE PADDED. 
           THERE ARE NO DEPOSITS OR FEES REQUIRED HOWEVER THE GATE MUST BE GIVEN AT LEAST 24
           HOURS NOTICE OF THE DELIVERY (PREFERABLY 48 HOURS), AND NO DELIVERIES ARE PERMITTED
           ON SUNDAYS OR HOLIDAYS.

     16. DO YOU COVER MY UNIT WITH INSURANCE?
          NO. Neither the Regime nor RCI carry insurance coverage on your Unit. The Regime carries
          insurance to cover the Regime common elements, including the buioldings. If you are an 
          Owner, you are encouraged to carry Homeowner's Insurance. If a Tenant, you should
          maintain a Tenant's policy. If you want to see the coverage maintained by RCI and the
          Regimes, look under the menu item Info for Residents, Documents/Insurance and scroll'
          down to the insurance certificates and the policies themselves.

     17. WHY IS IT IMPORTANT FOR ME TO CARRY INSURANCE COVERAGE?
           You should carry appropriate insurance for several reasons. If there is damage
           to your Unit caused by the failure of a regime pipe (for example), then the  Regime
           would be responsible to repair the damage, but not replace items of personal property.
           If, on the other hand, damage is caused to your Unit or property as a result of what
           exists in your own Unit, pipes, electrical, or otherwise (not Regime Common elements),
           then you are responsible for damage to your Unit and property as well as damage that
           might be suffered by the Regime or another Unit Owner. In addition, there is also the
           question of liability for injury to yourself, guests or others for which you could be held
           responsible. It is unwise not to maintain adeuate insurance coverage. This coverage
           would be at your cost and expense.

     18. HOW DO I GET KEYS TO MY UNIT AND BUILDING? 
           When you close title, make certain that you obtain all of the necessary keys, not only
           to your Unit, but also to the building, garage, and your mailbox. We do not supply
           those keys. This is true for a Tenant as well. You must obtain the keys from your
           Landlord. We do not provide keys to anyone, except the Owner, even if a set is left at
           the gatehouse (we recommend this in case of an emergency). 


     19. IS THERE ANYTHING ELSE I SHOULD KNOW AND WHERE WOULD I FIND THE INFORMATION?
          We strongly urge you to view the various menu items on this website, if your broker does
          not have an answer for you. Almost every question you may have will be answered somewhere
          on this website.


___________________________________________________________________________________________________________
Copyright 2007-2010 Recreational Center, Inc. (RCI)/Scottsdale Shadows

This site may not be reproduced, saved, copied or otherwise used, in whole or in part, electronically or by any means whatsoever, without the express written consent of RCI. All audio, video, photographs, text, or other content of this site is proprietary, either to RCI, the respective Regimes, or third parties, unless otherwise noted, with the same restrictions as set forth above.  (RCI) Recreational Center, Inc., is a not-for-profit Arizona Corporation, governed by the laws of the State of Arizona. 

                                                                                                  WEB SITE DESIGN, CREATION & MAINTENANCE BY
                                                                                                                            Roger M. Friedman
                                                                                                                          Last Updated  7/13/2010