Pennant Village Homeowners Association

Key facts from Pennant Village Homeowners Association's documents

Reflects the 2000 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Recital B: 'Condominium Project')

Units / lots

128 condominium units (Recital B)

Developer / declarant

Pennant Village Homeowners Association, a California nonprofit mutual benefit corporation (Opening paragraph, Section 1.2)

Governing law

California Civil Code (references to Sections 1351, 1359, 1364, 1365, 1366, 1367, 2924, etc.) (Sections 1.6, 2.4, 4.10, 4.12, 4.16, 6.4)

Assessments & dues

Determined annually by Board based on budget; not fixed in document (Section 4.3)

Collections & liens

Delinquent assessments (including fines) become lien; may be enforced by judicial or nonjudicial foreclosure; monetary penalties cannot be collected by nonjudicial foreclosure (Sections 4.16, 4.8)

Reserves & fees

Reasonable provision for contingencies, replacements and reserves included in budget (Section 4.3)

Pets

Yes, subject to regulations adopted by the Board (Section 5.3.10)

Leasing & rentals

Yes, with restrictions (Section 5.3.3)

Home business

Board may establish rules for home occupations that (a) are consistent with residential use, (b) no external detrimental effects, (c) compatible with residential characteristics (Section 5.3.2)

Insurance

Owners should obtain individual property and liability insurance (Sections 8.12, 8.13)

Voting & meetings

One vote per Unit; one class of membership (Section 3.4)

Amendments

Requires affirmative vote or written consent of 75% of total voting power of Association (Recital E, Section 13.1)

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