Granada Villas Owners Association

Key facts from Granada Villas Owners Association's documents

Reflects the 1999 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Granada Villas Owners Association

Governing law

California Common Interest Development Act (Civil Code Section 1350 et seq.) (Recital C)

Assessments & dues

Initially equal to budget approved by Department of Real Estate (Exhibit B); thereafter set by Board (Section 4.04.C and 4.03.A)

Special assessments

Board may levy special assessments for unexpected costs, capital improvements, etc.; allocated same as regular assessments; limited as per 4.04 (Section 4.03.B and 4.04.A)

Collections & liens

Assessment lien created upon recordation of notice of delinquent assessment; priority over all except taxes and first mortgage; enforced by sale (judicial or non-judicial) after 30 days; Association may bid at sale; personal obligation also (Section 4.01 and 4.10)

Reserves & fees

Annual assessment includes reserve portion for major repairs/replacement; deposited in separate account; cannot be used for other purposes without majority owner approval (Section 4.03.A)

Pets

Up to two usual and ordinary household pets (dog or cat), not for commercial purposes, under control; no animals that cause annoyance; in common area must be on leash or under control; owner responsible for damages and cleanup (Section 7.08)

Leasing & rentals

Implicitly allowed (lots may be occupied by tenants; owner may delegate common area use to tenants) (Sections 2.05 and 7.01)

Parking & vehicles

Prohibited from remaining on property except temporarily or in enclosed garage/carport (Section 7.03)

Architectural approval

Any building, fence, wall, structure, alteration, or improvement of any kind, including painting, requires prior written approval of Board or Architectural Control Committee; plans and specifications submitted for approval as to quality, de (Section 6.01)

Use restrictions

Lots for residential purposes only, except Declarant may use as model homes/sales office until last lot sold or three years from first sale, whichever first (Section 7.01)

Voting & meetings

Two classes: Class A (all owners except Declarant) one vote per lot; Class B (Declarant) triple votes per lot owned. Class B ceases on second anniversary of first conveyance or when Class A votes equal Class B tripled votes. No vote for a l (Article 3.04)

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