Cortez Condominiums Homeowners Association

Key facts from Cortez Condominiums Homeowners Association's documents

Reflects the 1985 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Project (Recitals, page 5: "establish a Condomini)

Legal name

Cortez Condominiums Homeowners Association

Developer / declarant

Cortez Condominiums, Ltd., a California Limited partnership

Management

Condominium Consultants, Inc.

Governing law

California Condominium Act, California Civil Code Sections 783, 1351, 1725, 1730, 1354, 1356, 2824 et seq.; Nonprofit Mutual Benefit Corporation Law (California Corporations Code Sections 7110 et seq.) (Recitals (page 5), Sections 1.6, 1.7, 3.)

Assessments & dues

Regular and special assessments levied at uniform rate for all Condominiums; special assessments for structural Common Area rebuilding based on ratio of unit square footage to total unit square footage. (Article III, Section 3.2)

Special assessments

Allowed for capital improvements (Section 3.1) and to cover deficiency between insurance proceeds and repair cost (Section 9.1(e)). (Sections 3.1, 9.1(e))

Collections & liens

Assessment lien recorded; may be foreclosed like mortgage foreclosure or by sale pursuant to California Civil Code Sections 2824 et seq. and 1356. Lien subordinate to first mortgage. Sale or transfer under foreclosure extinguishes lien for (Sections 3.5, 3.6, 3.7)

Reserves & fees

Regular assessments include an adequate reserve fund for periodic maintenance, repair and replacement of Common Area. (Section 3.1)

Pets

Yes, as allowed by Board rules and zoning ordinances of City of Imperial Beach; no animals causing annoyance or obnoxious. (Article IV, Section 4.4)

Leasing & rentals

Yes, subject to written lease that binds tenant to Declaration, Bylaws, and Board rules; default under lease if tenant violates. (Section 4.2)

Parking & vehicles

Outside storage of boats, trailers, bicycles and other objects may be regulated by Board rules. (Section 2.3 (part of Board's rule-making)

Architectural approval

Yes, for any building, fence, wall, or other structure on Common Area; plans and specifications must be submitted to Board or architectural committee (3-5 representatives) for approval as to harmony of design, color, location. (Section 4.17)

Signs & flags

Only one sign of customary dimensions advertising sale or lease, with prior written Board permission; no signs in units visible from outside without Board permission; Declarant may have signs during sales period. (Article IV, Section 4.6)

Maintenance

Owner responsible for interior of Unit, glass doors/windows (including frames/tracks), appliances, interior surfaces, plumbing/electrical/heating systems within perimeter, television cable equipment, and equipment used exclusively by Owner. (Article V, Sections 5.1, 5.2)

Insurance

Each Owner responsible to pay any deductible amount for any loss to his Condominium. (Section 9.3 (last paragraph))

Use restrictions

Each Unit shall be improved, used and occupied for private, single-family dwelling purposes only. (Article IV, Section 4.1)

Voting & meetings

Two classes: Class A (all Owners except Declarant) – 1 vote per Condominium; Class B (Declarant) – 3 votes per Condominium. Class B terminates when Class A votes equal Class B or 2 years after first sale. (Article II, Section 2.1)

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