Terra Sierra Park Owners Association

Key facts from Terra Sierra Park Owners Association's documents

Reflects the 2007 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Covenant / Planned Community

Legal name

Terra Sierra Park Owners Association

Units / lots

120 (30 fourplexes, each with 4 residences) (Article I, Section 16 and Article II, Se)

Developer / declarant

CREASER & WARWICK DEVELOPMENT, L.P.

Governing law

California Civil Code (Davis-Stirling Act), sections 1351(a), 1359, 1365, 1366, 1367, 1368, etc. (Article I, Section 4; Article II, Sectio)

Assessments & dues

Board prepares annual budget estimating total Common Expenses; Regular Assessment allocated equally among all Lots. (Article IV, Sections 2(a), 2(d))

Special assessments

May be levied for insufficient regular assessment or capital improvements; subject to membership approval if >5% of budgeted expenses or emergency exceptions. (Article IV, Section 3)

Collections & liens

Assessments become a lien upon recording Notice of Delinquent Assessment; may be enforced by judicial or nonjudicial foreclosure. (Article IV, Sections 1(c), 8(b))

Reserves & fees

Budget includes additions to reserve fund for future repairs, replacements, or additions to Common Facilities. (Article IV, Section 2(a))

Pets

Pets are allowed subject to Association Rules (regulation of pet ownership). (Article III, Section 7(a)(iv))

Leasing & rentals

Owners may lease their Residence for Single Family Residential Use; delegation of use to lessees or contract purchasers. (Article II, Section 7(a))

Parking & vehicles

Junk automobiles are prohibited as a nuisance. (Article IV, Section 4(a)(iii))

Use restrictions

Each Residence restricted to Single Family Residential Use; leasing only for that purpose. (Article I, Section 28; Article II, Secti)

Voting & meetings

Each Member entitled to one vote per Lot owned; voting may be suspended under Article XVI Section 6. (Article III, Section 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.