Hermosa Villas Townhomes Owners Association

Key facts from Hermosa Villas Townhomes Owners Association's documents

Reflects the 2012 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Project (Section 1.2: 'Condominium Project')

Developer / declarant

PACIFIC IDEAS, INC., A CALIFORNIA CORPORATION (Section 3.16)

Governing law

Davis-Stirling Common Interest Development Act, California Civil Code Section 1351(f) (Section 1.2: 'pursuant to the provisions)

Assessments & dues

Budget process by Board, regular assessments set annually; must be uniform rate. (Sections 11.4.2, 11.11)

Special assessments

Permitted; may be levied as provided in Section 11.7 and 11.8. (Sections 11.7, 11.8)

Collections & liens

Association has lien for unpaid assessments; may foreclose as provided in Sections 11.23 and 11.24. (Section 11.23)

Reserves & fees

Reasonable reserves required; use of reserve funds limited to designated purposes. (Sections 11.30, 11.31, 11.32)

Pets

Yes, with restrictions. (Section 12.4)

Leasing & rentals

Yes, subject to Section 12.2 requirements. (Section 12.2)

Fences

Section 12.14 (Fences; Walls) exists but text not provided. (Section 12.14 (title))

Signs & flags

Regulated by Section 12.6. (Section 12.6 (title))

Insurance

Owners should maintain insurance for their unit and personal property; not specified in detail. (Section 15.1.7)

Use restrictions

Units for residential purposes. (Section 12.1 (title) and Section 3.19 de)

Voting & meetings

Each Owner has membership in the Association (one membership per unit). Classes: Class A (all Owners except Declarant), Class B (Declarant). (Section 8.2, Section 1.6)

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