Bear Brand at Laguna Niguel Community Association (Cost Center: Bear Brand Ridge)

What Bear Brand at Laguna Niguel Community Association (Cost Center: Bear Brand Ridge)'s governing documents say

Bear Brand at Laguna Niguel Community Association, Cost Center (Ridge), is a common interest development (not a condominium) in Aliso Viejo, CA. This document is an annual budget report, policy statement, and related notices — it tells homeowners what the monthly assessment is, how reserves are funded, and key community procedures.

• Monthly assessments & fees: The 2019 regular monthly assessment is $119.00 per home. Assessments are due on the 1st, become delinquent on the 15th, and a late charge of the greater of $10 or 10% of the delinquent amount is applied; interest accrues at 12% per annum after 30 days past due.
• Reserve funding & special assessments: Reserves are currently 63% funded for fiscal year 2019-2020, with a required target of $423,218. The Board does not currently anticipate a special assessment but reserves the right to impose one for unplanned major expenses.
• Architectural review: Any exterior addition or alteration (including patio covers, fences, landscaping renovations) requires prior written approval from the Association's contracted architect. A $500 refundable architectural fee is required, and the architect will respond within 45 days of a completed application. Construction must be completed within 120 days of approval.
• Delinquent assessment collection: The Association may record a lien after 90 days delinquency and may proceed with non-judicial foreclosure if delinquent assessments exceed $1,800 or are more than 12 months overdue. Owners may request a payment plan within 15 days of a pre-lien notice; a $15/month monitoring fee applies to plans over 4 months.
• Dispute resolution: Disputes between owners and the Association regarding governing documents must go through an Internal Dispute Resolution (IDR) process — a meet-and-confer — and then Alternative Dispute Resolution (ADR) before a lawsuit can be filed. ADR is required for claims seeking declaratory, injunctive, or writ relief with monetary damages under $5,000.
• Insurance: The Association carries property insurance ($135,000 policy limit, $2,500 deductible), general liability ($1 million/occurrence, unlimited aggregate), a $10 million umbrella, and a $1.5 million fidelity bond. No earthquake or flood insurance is provided. Owners are urged to carry individual loss assessment coverage.
• Construction rules & signage: Construction is allowed 7 a.m.–7 p.m. weekdays, 9 a.m.–4 p.m. Saturdays. No temporary structures or contractor signs are permitted except a single 'for sale' sign (using the community's approved real estate sign). Debris must not be left on streets or walkways.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.