Alpine Timbers Homeowners Association

Key facts from Alpine Timbers Homeowners Association's documents

Reflects the 1984 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recitals: 'establish a Condominium Proje)

Legal name

Alpine Timbers Homeowners Association

Units / lots

12 condominium units (Recitals: 'constructing thereon twelve ()

Developer / declarant

ALPINE TIMBERS, LTD., a California general partnership (First paragraph: 'by ALPINE TIMBERS, LTD)

Governing law

California Condominium Act (Recitals: 'Condominium Project under the)

Assessments & dues

Maximum $1,626.12 per Condominium until January 1 of the year after first conveyance; thereafter may be increased up to 10% per year without vote, or more with 51% vote of each class (after Class B conversion, 51% of total and 51% of non-De (Article 3.3)

Special assessments

Allowed for capital improvements, etc. If over 5% above budgeted gross expenses, requires 51% vote of each class (after conversion, 51% total and 51% non-Declarant). Also special assessment against a Member for compliance costs after Board (Article 3.4)

Collections & liens

Assessment becomes lien upon recording notice of delinquency; lien superior to all others except taxes and first mortgages. Foreclosure by judicial foreclosure or power of sale under California Civil Code §§2924, 2924b, 2924c, 1356. Monetar (Articles 3.8, 3.9)

Reserves & fees

Regular assessments include 'an adequate reserve fund for periodic maintenance, repair and replacement of the Common Area'. (Articles 3.1, 3.2)

Pets

Yes, with restrictions. (Article 5.1(e))

Leasing & rentals

Yes, subject to conditions: written lease, tenant bound by governing documents, lease term less than 30 days deemed transient/hotel purposes. (Articles 5.1(c), 6.4)

Signs & flags

One sign of customary dimensions advertising sale or lease allowed without permission; otherwise no signs visible from outside without Board permission. No signs on Common Area except by Board authority. Declarant may install sales signs du (Article 5.1(g))

Insurance

Association obtains master policy for Real Property, improvements, personal property; liability insurance; fire, extended coverage, vandalism, malicious mischief; fidelity bond covering officers/employees/manager at 150% of estimated annual (Articles 4.1(c), 11.3)

Use restrictions

Each Unit shall be improved, used and occupied for private single-family dwelling purposes only; no commercial purpose. Declarant may use owned units as model homes/sales office until all units sold or 3 years from first sale. (Article 5.1(a))

Voting & meetings

Class A: Owners (except Declarant) - 1 vote per Condominium; Class B: Declarant - 3 votes per Condominium owned. Class B converts to Class A upon occurrence of: (a) total Class A votes equal Class B votes, or (b) two years after issuance of (Article 2.2)

Amenities

Recreation room, swimming pool, spa, sundeck; also landscaping and paved areas. (Recitals: 'recreation room, swimming poo)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.