Oceana-Mission Unit No. III Homeowners Association

Key facts from Oceana-Mission Unit No. III Homeowners Association's documents

Reflects the 2018 governing documents — figures and rules are as originally recorded and may have changed since.

Governing law

California Nonprofit Mutual Benefit Corporation Law; California Civil Code Sections 4175, 51.3 et seq., 4040, 4045, 4080, 4340-4370, 4530, 4600, 5300, 5305, 5310, 5500, 5550, 5570, 5660, 5670, 5673, 5700 et seq., 5810, 5855 (Various sections throughout Declaration )

Age restriction

Development is designated as a 'Senior Citizen Housing Community' under California Civil Code Sections 51.3 et seq.; occupancy restrictions apply (Section 6.1, Section 6.2, Section 6.3) (Recital E, Article 6 TOC (Sections 6.1-6)

Assessments & dues

Board uses Annual Budget Report to estimate expenses, then sets aggregate Regular Assessment; no more than 20% increase without membership vote (quorum of >50% owners) (Section 5.3(A))

Special assessments

Board may levy for capital improvements or other purposes; limited to 5% of budgeted gross expenses without membership vote; increases require 30–60 days notice (Section 5.4(A), Section 5.4(B))

Collections & liens

Assessments are a continuing lien on the Lot; personal obligation of owner; Association can foreclose lien with power of sale (subject to law); includes costs and attorneys’ fees (Section 5.2, Section 5.9, Section 5.10)

Reserves & fees

Association may maintain reserves for maintenance, repair, replacement of Common Area and for nonpayment of assessments (Common Expense includes reserve amounts) (Section 1.13(C))

Pets

Pets are addressed in Article 6, Section 6.5; specific rules not provided in excerpt (Article 6 TOC (Section 6.5 Pets))

Leasing & rentals

Leasing of Lots is permitted subject to Article 8 provisions; text not fully provided but Section 8.2 'Leasing Provisions' exists (Article 8 (Sections 8.1, 8.2))

Architectural approval

Architectural Committee approval required for improvements; Article 7 details; Architectural Guidelines adopted by Board (Section 1.3, Section 1.4, Article 7)

Signs & flags

Article 6 Section 6.7 'Signs, Flags and Banners' (TOC) but no text provided (Article 6 TOC)

Maintenance

Detailed in Article 9 (Maintenance Responsibilities); Association maintains Common Area and Common Facilities; Owner maintains Lot and Residence; specific matrix not in excerpt (Article 9 (Sections 9.1-9.9))

Insurance

Article 10 Section 10.5 'Insurance Policy Deductibles' (TOC) but no text provided (Article 10 TOC)

Use restrictions

Each Lot is for a single-family residence (Residence defined as private single family dwelling) (Section 1.31)

Voting & meetings

One vote per Lot; one class of membership; joint owners must agree on vote or lose right; fractional votes not allowed; voting may be suspended for violations (Section 2.2, Section 2.3, Section 2.5, S)

Amendments

General provisions in Article 16 (Sections 16.1-16.3); amendments may be made; provisions to conform to law; City Council approval required (Section 16.3) (Article 16 TOC (Sections 16.1-16.3))

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