Chase Park Homeowners Association

Key facts from Chase Park Homeowners Association's documents

Reflects the 1983 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Homeowners Association (Article I Section 1.01)

Legal name

Chase Park Homeowners Association (Article I Section 1.01)

Units / lots

5 (Lots 1, 2, 3, 4, and 5; Lot 5 is common area) (Exhibit A; Article I Section 1.04, 1.05)

Developer / declarant

Chase Park, Ltd., a General Partnership (Preamble)

Governing law

California Civil Code (references Sections 1725, 2924-2924h) (Section 4.08, Section 4.09)

Assessments & dues

Initially max $720 per Lot per year ($60 per month) (Section 4.03)

Special assessments

Allowed for capital improvements with vote or written assent of two-thirds of votes outstanding in each class. (Section 4.04)

Collections & liens

Assessments are a continuing lien on the property; Association may foreclose non-judicially under California Civil Code Sections 2924-2924h. Lien subordinate to first mortgage. Transfer via foreclosure extinguishes prior due assessments but (Section 4.01, Section 4.08, Section 4.09)

Reserves & fees

Late charge may be levied for delinquent payment, not to exceed rate set in California Civil Code Section 1725. No more than once per same payment delinquency. (Section 4.08)

Leasing & rentals

Not explicitly prohibited; Owner may delegate right to use common area to tenants (Section 2.02). (Section 2.02)

Fences

Fences require architectural approval. (Section 5.01)

Architectural approval

Yes, for any building, fence, wall, structure, exterior addition, change, or alteration. (Article V Section 5.01)

Maintenance

Association maintains front yard common area and common area (Lot 5). Owner responsible for damage caused by owner/guest – cost added to assessment. (Section 8.01, Section 8.02)

Use restrictions

Implied by single family detached dwellings; no explicit restriction on use other than general provisions. (WHEREAS; Article IV Section 4.02 (recrea)

Voting & meetings

Class A (all Owners except Declarant): 1 vote per Lot. Class B (Declarant): 3 votes per Lot owned until Class A votes equal Class B votes. (Article III Section 3.02)

Amendments

By affirmative vote or written consent of majority of total voting power, including majority of non-Declarant members (or majority of each class if two-class structure in effect). Any amendment must be recorded. Also, certain amendments nee (Section 6.03, Section 6.04, Section 6.05)

Amenities

Common Area (Lot 5) for ingress, egress, open space, recreational use. No specific amenities enumerated. (WHEREAS; Article I Section 1.04)

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