1578 Indiana Street Homeowners Association

Key facts from 1578 Indiana Street Homeowners Association's documents

Reflects the 2003 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium

Legal name

1578 Indiana Street Homeowners Association

Units / lots

11 (Units 1-11, with Units 7 and 11 designated as BMR) (Map note 14: 'BMR INDICATES THAT UNITS N)

Governing law

California Civil Code (references to Sections 1351, 1367, 2985, 2934a, 1354, 1365, 1297.121, etc.) (CC&Rs Article I (definitions) and throug)

Assessments & dues

Not set in document; Board estimates total charges and distributes budget each year (Article V Section 1 (page 18-19))

Special assessments

Any assessment other than regular; special assessments exceeding 20% of budgeted gross expenses or for capital improvements require approval of owners constituting a quorum (more than 50%) casting a majority of votes; emergency special asse (Article V Section 2 (page 19-20) and pag)

Collections & liens

Association has a separate lien with power of sale on each condominium for unpaid assessments; may foreclose by private power of sale under California Civil Code or judicial foreclosure; Notice of Delinquent Assessment recorded; owner may p (Article V Section 6 and Section 7 (pages)

Reserves & fees

Association shall allocate a portion of funds as reserves for contingencies, replacement, deferred maintenance, and capital improvements; deposited in separate bank accounts (Article V Section 12 (page 27))

Pets

Yes, but not for commercial purposes; dogs must be on leash and under verbal control of capable person when on Common Area (Article VII Section 5 (page 31-32))

Leasing & rentals

Yes, units may be leased; lease must incorporate governing documents; lessee must comply with rules; no sublease restrictions explicitly stated (Article VII Section 8 (page 32-33))

Architectural approval

Yes, for any modification, reconstruction, or exterior change to any portion of Property including Restricted Common Areas (Article VIII Section 1 (page 34))

Maintenance

Association (roof is Common Area per map note 2) (Map doc 96566 page 2 note 2: 'COMMON ARE)

Insurance

Fire and extended coverage on insurable value of Residential Common Area; comprehensive public liability insurance of minimum $2,000,000 (or $3,000,000 for larger projects) (Article VI Section 1.3 (page 11-12))

Use restrictions

Units restricted to residential use; no noxious, illegal, or offensive trade or activity (Article VII Section 1 (page 30): 'No nox)

Voting & meetings

Class A Members (all Owners except Declarant) have one vote per Unit; Class B Member (Declarant) has majority until conversion; voting rights suspended if assessments delinquent (Article III Section 4 (page 8-9))

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