Marina Park Condominium Association

Key facts from Marina Park Condominium Association's documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium Association (Section 1.4 – Association or Corporation)

Governing law

California Civil Code Sections 783, 1351 et seq., and Nonprofit Mutual Benefit Corporation Law (Section 1.4, Section 1.13, Recitals)

Assessments & dues

Board establishes total annual expenses in budget; Regular Assessments set accordingly; cannot exceed 20% over prior year without membership vote (Section 5.3(A), Section 5.3(D))

Special assessments

Board may levy Special Assessments for capital improvements or other purposes; limited to 5% of budgeted gross expenses per fiscal year without membership vote; emergency exceptions apply (Section 5.4, Section 5.4(A))

Collections & liens

Assessment constitutes a lien on the Unit; may be enforced by foreclosure or sale under California law; lien subordinate to first mortgage; association may record lien and foreclose (Section 5.2, Section 5.9, Section 5.11, )

Reserves & fees

Not specifically mentioned in provided text (Common Expenses include reserves for maintenance, repair, replacement – Section 1.11(C)) (Section 1.11(C))

Pets

Yes, subject to restrictions (Section 6.2(A))

Leasing & rentals

Yes, Owner may lease Unit provided lease is in writing and tenant bound by Governing Documents (Section 6.1(C))

Architectural approval

Yes, Architectural Control Committee approval required for improvements (Article 7); structural alterations require prior written consent of Association (Section 6.6, Section 7.3)

Home business

Permitted if no material impact on Association or Common Area; business/trade defined broadly (Section 6.1(B))

Signs & flags

Commercial signs prohibited except one 'For Sale' or 'For Rent' sign per Unit (≤18"x24") with prior approval; non-commercial signs allowed per law; no signs on Common Area except by Board; flagpoles not permitted in ground in Common Areas (Section 6.3(A), (B), (C))

Maintenance

Article 10 addresses maintenance matrix; Association maintains Common Area and Condominium Building exterior as specified; Owner maintains interior and Exclusive Use Common Areas per Section 10.4 (text not fully provided). Known: Associatio (Article 10, Section 10.2, 10.3, 10.4 (Ta)

Insurance

Owner's insurance mentioned in Article 14 (Section 14.2) but text not provided (Section 14.2 (Table of Contents))

Use restrictions

Units restricted exclusively to residential use; occupancy limited to single-family; trade or business allowed if no material impact on Association or Common Area (Section 6.1(A), Section 6.1(B))

Voting & meetings

One vote per Unit; joint Owners cast single vote or lose right if unable to agree; fractional votes not allowed (Section 2.2, Section 2.4)

Amendments

Article 12 (Table of Contents) – general amendments and those requiring first mortgagee approval. Specific procedures not in provided text. (Article 12 (Table of Contents))

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