Hidden Valley Owners Association

Key facts from Hidden Valley Owners Association's documents

Community type

Homeowners Association (Article I - NAME AND LOCATION: the name )

Legal name

Hidden Valley Home Owners Association

Developer / declarant

Malone Development Company

Governing law

California Civil Code (Davis-Stirling Common Interest Development Act) and California Corporations Code (Nonprofit Mutual Benefit Corporation) (References throughout, e.g., Section 6.9)

Assessments & dues

Board prepares and adopts annual budget establishing contributions to common expenses; assessments payable in equal monthly installments due in advance on the first day of each month (Section 7.1(A) and (B): "preparation and)

Special assessments

Board may determine that levy of one or more special assessments may be required; membership approval may be needed for certain assessment increases (quorum for votes on assessment increases requiring membership approval is majority of tota (Section 9.1.1(iii): "A statement as to w)

Collections & liens

Board has power to enforce by legal means, including recording a claim of lien and instituting foreclosure proceedings for default in payment of assessments (Section 7.1(K): "enforcing by legal mean)

Reserves & fees

Board must establish and maintain an adequate reserve fund for capital improvements, replacements and repairs; reserve study required with estimated replacement cost, remaining life, and useful life; review quarterly and annually (Section 7.1(E): "establishing and mainta)

Maintenance

Board provides for the operation, care, upkeep, and maintenance of the area of common responsibility; Board makes or contracts for repairs, additions, and improvements to Common Area after damage or destruction (Section 7.1(F): "providing for the opera)

Voting & meetings

One vote per Lot; only members in good standing (current on assessments, not subject to suspension) are entitled to vote; when multiple owners of a Lot, only one vote per Lot (Section 3.6: "The members shall be owner)

Amendments

Bylaws may be amended by affirmative vote (in person or proxy) or written consent of members representing 75% or more of total voting power; percentage to amend a specific clause shall not be less than the prescribed percentage for action u (Section 12.1: "These Bylaws may be amend)

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